Project

Catalyzing Environmental Finance for Low-Carbon Urban Development

Lead country

Bosnia & Herzegovina

Participating countries

Bosnia & Herzegovina

Project status

Under implementation

Implementing period

From December 1, 2017 to December 1, 2022

SDGs addressed by this project

SDG targets

  1. 11.6 Reduce adverse environmental impact of cities
  2. 11.a Strengthen national and regional development planning

Project ID: 5646

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Technical team

  • Energy Programme

Technical area(s)

  • Energy efficiency

Sub-area(s)

  • Buildings

Landscape(s)

  • Human altered areas

Sub-landscape(s)

  • Urban areas

Transformed sector(s)

N/A

UNDP role(s)

  • Capacity development / Technical assistance
  • Institutional mechanism and system building
  • Optimising financing

Strategy

  • Finance economy
  • Law regulation
  • Capacity building

Sub-strategy

  • Energy finance
  • New/other financial schemes/mechanism
  • Knowledge/Data management
  • Laws/ Policy/ Plan formulation
  • Awareness raising
  • Technical capacity building

Social inclusion

  • Private sector
  • Local community/CSOs

Gender equality

N/A

Gender result effectiveness scale

  • Gender targeted

Pathway(s)

  • Systems pathway
  • People pathway
  • Sci-tech pathway

Risk reduction target(s)

  • Hazard control/mitigation

SDG target(s)

  • 11.6 Reduce adverse environmental impact of cities
  • 11.a Strengthen national and regional development planning

Conventions and protocols

N/A

Private sector(s)

  • Capital providers

Hot topic

  • Multi-stakeholder collaboration

About this project

Description

The objective of the project is to leverage investment for transformational shift towards low-carbon urban development in Bosnia and Herzegovina thereby promoting safer, cleaner, and healthier cities and reducing urban GHG emissions.

Objectives

to leverage investment in low-carbon urban development (LCUD) in BiH thereby promoting safer, cleaner, and healthier cities and reducing GHG emissions.

USD $2,419,076

Grant amount

USD $42,050,627

Leveraged amount (co-financing)

1

Source(s) of fund

Sources of fund

 

  • Global Environment Facility – Trust Fund ($2,419,076)

Implementing partner(s)

  • Government of Bosnia & Herzegovina

Project metrics

Outcome 1:

Innovative Financing Mechanisms for Implementation of Low-Carbon Urban Development Concept (LCUD)

 Indicators:

Amount of project-facilitated investment in LCUD
Number of new development partnerships with funding for improved energy efficiency and/or sustainable energy solutions targeting underserved communities/groups and women.
Number of project beneficiaries, including % of women
tCO2eq direct emissions reductions (which are attributable to the project-facilitated investments in LCUD made during the project's supervised implementation period, totaled over the respective lifetime of the investments
Number of staff at EFs and other stakeholders trained on the operation of ESCO Fund and other innovative financing mechanisms (including number of women)
Status and level of capitalization of the financial mechanism (ESCO Funding window)
Status of MRV system
Number of infrastructural LCUD projects implemented
Number of people trained in energy management and LCUD project design and implementation (and % women)
Number of public facilities and utilities covered by EMIS on municipal level
Reduction in fuel consumption from the municipal waste transportation (% to baseline) in pilot municipalities
Status of MRV for waste sector
Number of people reached out to by national LCUD awareness raising campaign
(refer to Annex B of the Project Document for details on how this will be measured)
Status of relevant LCUD enabling rules and regulations

Outcome 2:

Low-carbon public buildings and utilities
Outcome 3:

Status of MRV for waste sector

Outcome 4:

National and sectoral policies, institutional coordination and awareness raising on low carbon urban development
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Related resources

Geospatial information

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Project reports and documentation

 

Project Document (ProDoc)