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Armenia - Energy Efficiency Project (Английский)

Ratings from the Energy Efficiency Project were as follows: Outcomes was moderately satisfactory, Risk to development outcome was substantial, Bank performance was moderately satisfactory, and Borrower performance was moderately satisfactory. Lessons from the project include: (i) Energy efficiency revolving funds can be market enablers by partnering with commercial and financial institutions, but there are few prospects for scale up and energy efficiency...
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