Evaluation Of A Projects Sustainability - 1352 Words

The TE didn’t give explicit rating for the project’s sustainability. Instead, it analyzed the potential for sustainability of project achievements by the project’s 5 technical focus areas. The PIR 2000-2006 constantly assessed the risks of the following six categories to the project: a. Pilot projects will not be able to proceed because external financing is no longer available; b. CREIA (The Chinese Renewable Energy Industries Association) does not receive any direct subsidies from the UNDP/GEF Project and will not be economically sustainable after 5 years because of low income generating capacity; c. The implementing capacity of national organizations is weak and the responsibility for the implementation of multiple outputs†¦show more content†¦The TE reported some immediate financial support was provided to sustain the impact of the project (not the project itself):† i. The Project resulted in the formal initiation of the long-term wind resource assessment national project in China, which secured a total of RMB 300 million (about US$40.7 million) of financial support from the national budget; ii. The results of the Project prompted the government to establish a national target for building 100 biogas power plants in China.† (TE, p.148) There is also evidence of low risk regarding the financial sustainability of the project. The risks identified by the PIR related to the financial resource sustainability is â€Å"Pilot projects will not be able to proceed because external financing is no longer available† and â€Å"CREIA does not receive any direct subsidies from the UNDP/GEF Project and will not be economically sustainable after 5 years because of low income generating capacity†. For the project’s external financing, 2006 PIR rated it as â€Å"non-critical†, and 2005 PIR rated it as â€Å"low risk†, due to â€Å"All projects are completed at this point with respect to financing iss ues.†(PIR 2006, p.43). For the self-sufficiency of CREIA, 2006 PIR rated it as â€Å"non-critical†, and 2005 PIR rated it as â€Å"low risk† due to â€Å"CREIA is functioning as a fully