Scaling-up Investment in Low-Carbon Public Buildings

  • Mitigation
  • Under implementation
Date approved
02 Oct 2017
Completion date
29 May 2026
ESS Category
Category C
Financing
Public sector
Entity
United Nations Development Programme

Overview

Reducing emissions from Bosnia-Herzegovina’s public sector buildings through better energy efficiency and fuel substitution from fossil fuel to biomass.

Bosnia-Herzegovina has a large stock of ageing buildings with high energy consumption and that are heated by high-emission fossil fuels. This is a consequence of neglect and under-investment during and after the Bosnian war (1992-1995), and leaves buildings in urgent need of upgrade.

Energy efficiency retrofits and substituting coal and fuel oil to biomass will significantly reduce emissions from public buildings. The project will impact 7-8% of stock, some 360 public buildings. Technical assistance will also help address non-financial barriers and create supportive policies, regulations, and capacities to support the transformations and encourage replication.

The project has an estimated lifespan of 20 years.

Result areas

Countries

Regions

Project timeline

  • Pipeline

    293 days

    • Concept note received

    • Funding proposal received

    • Legal opinion on AE's Internal Approval

    • Cleared by iTAP

  • Approved

    240 days

    • Approved by GCF Board

    • FAA executed

  • Under implementation

    2,940 days so far

    • FAA effective

  • To be completed

    Not started

  • Total project value $ 123 million

  • Tonnes of CO2 equivalent avoided 2.0 million

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 123 million

Show details

GCF-financing

100% disbursed

  • Grant USD 17,346,000
  • Total GCF-financing USD 17,346,000

Co-financing

  • Grant USD 2,050,000
  • Grant USD 2,300,000
  • Grant USD 19,270,000
  • Grant USD 21,500,000
  • Grant USD 14,100,000
  • Grant USD 15,700,000
  • Grant USD 30,300,000
  • Total co-financing USD 105,220,000

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