Project

De-Risking and Scaling-up Investment in Energy Efficient Building Retrofits

Lead country

Bosnia & Herzegovina

Participating countries

Bosnia & Herzegovina

Project status

Under implementation

Implementing period

From August 1, 2018 to March 1, 2027

SDGs addressed by this project

SDG targets

  1. 7.3 Double global rate energy efficiency improvement
  2. 9.4 Upgrade infrastructure, retrofit industries for sustainability

Project ID: 5882

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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)

  • Other sectors

UNDP role(s)

  • Capacity development / Technical assistance
  • Data collection and analysis
  • Institutional mechanism and system building

Strategy

  • Law regulation
  • Capacity building
  • Finance economy

Sub-strategy

  • Laws/ Policy/ Plan formulation
  • Institutional framework
  • Technical capacity building
  • Awareness raising
  • Energy finance

Social inclusion

  • Women
  • Private sector

Gender equality

N/A

Gender result effectiveness scale

N/A

Pathway(s)

  • People pathway
  • Systems pathway
  • Sci-tech pathway

Risk reduction target(s)

  • Hazard control/mitigation

SDG target(s)

  • 7.3 Double global rate energy efficiency improvement
  • 9.4 Upgrade infrastructure, retrofit industries for sustainability

Conventions and protocols

N/A

Private sector(s)

  • Capital providers

Hot topic

  • Multi-stakeholder collaboration

About this project

Description

The project seeks a total of US$ 17.346 million of GCF grant resources to overcome identified barriers to investment in low-carbon retrofits of public buildings and to leverage an additional US$ 105.22 million of co-finance from a range of sources, such as the Environmental Funds, entity and municipal budgets, and international organizations (UNDP, GEF, World Bank, SIDA), by addressing country and sector-specific investment risks.

Objectives

FUND-LEVEL IMPACT INDICATORS OF THE LOGIC FRAMEWORK.

USD $17,346,000

Grant amount

USD $105,218,372

Leveraged amount (co-financing)

1

Source(s) of fund

Sources of fund

 

  • Green Climate Fund Common ($17,346,000)

Implementing partner(s)

  • Government of Bosnia & Herzegovina

Project metrics

Outcome 1:

Strengthened institutional and regulatory systems for low-emission planning and development

Outputs:

Non-financial barriers to investment in low-carbon public buildings addressedFinancial barriers to investment in low-carbon public buildings addressed

 Indicators:

3.0 Reduced emissions from buildings, cities, industries and appliances: Tonnes of carbon dioxide equivalent (tCO2eq) reduced in public building sector
Number of people benefiting from improved working/occupancy conditions in buildings (disaggregated by gender)
Number of people benefitting from improved working/occupancy conditions in buildings to total population
M5.1 Number of policies, institutions, coordination mechanisms and regulatory frameworks that improve incentives for low‐emission planning and development and their effective implementation
Note: the project will support update/preparation of the local Sustainable Energy and Climate Action Plans (SECAPs) as a specific policy and regulatory framework for low-emission planning at the local level in BiHNumber of gender-sensitive policies, and regulatory frameworks for low‐emission planning and development
M7.1(a) tCO2eq emissions reduced due to improvements in public sector building design and energy efficiency
Number of jobs created via project-facilitated investment
Share of grant finance in the total investment for low-carbon public buildings
Number of EE-RES retrofit projects (DEAs) in public buildings identified, prepared and tendered out
Number of end-users covered by PR and advocacy campaign, including minimum share of women
Number of people trained, including share of women (%)
Number of public buildings covered by EMIS
Number of SECAPs updated/developed and adopted
Status of BiH EE Investment Framework for low-carbon public sector buildings
Amount of finance leveraged for investment in low-carbon public buildings
Legal and operational status of the Framework
Outcome 2:

Lower energy intensity of buildings, cities, industries, and appliances
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Geospatial information

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Project reports and documentation

 

Project Document (ProDoc)