FP051

Scaling-up Investment in Low-Carbon Public Buildings

Scaling-up Investment in Low-Carbon Public Buildings

  • Status Under implementation
  • Date approved 02 Oct 2017 at B.18
  • Est. completion 29 May 2026
  • ESS Category Category C

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.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
150,000
Theme

Mitigation

Result areas

Project timeline

Pipeline

14 Dec 2016 - 293 days

Concept note received

14 Dec 2016

Funding proposal received

02 Mar 2017

Legal opinion on AE's Internal Approval

04 May 2017

Approved

02 Oct 2017 - 240 days

Approved by GCF Board

02 Oct 2017

FAA executed

29 Mar 2018

Under implementation

29 May 2018 - 675 days so far

FAA effective

29 May 2018

Disbursement - USD 2,006,000

27 Aug 2018

Annual Performance Report

01 Mar 2019

Disbursement - USD 2,437,850

09 Oct 2019

Completed

29 May 2026 - 2,249 days to go

One region

  • Eastern Europe

One country

USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing4% disbursed

InstrumentAmount
GrantUSD 17,346,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingGrantUSD 2,050,000
Co-FinancingGrantUSD 2,300,000
Co-FinancingGrantUSD 19,270,000
Co-FinancingGrantUSD 21,500,000
Co-FinancingGrantUSD 14,100,000
Co-FinancingGrantUSD 15,700,000
Co-FinancingGrantUSD 30,300,000

GCF Contacts

General media inquiries

GCF Communications
Phone +82 10 4458 7751
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Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
Send e-mail

Accredited Entity

United Nations Development Programme

Pradeep Kurukulasuriya
Executive Coordinator and Director, Global Environment Finance
304 East 45th Street, FF-9th Floor, New York, NY, United States
Phone +1 (212) 906-5884
pradeep.kurukulasuriya@undp.org
Robin Merlier
Environmental Policy Specialist Global Environmental Finance, Bureau for Policy and Programme Support (BPPS)/Global Policy Network
Phone +1 2129065842
robin.merlier@undp.org

National Designated Authority

Bosnia and Herzegovina

Ministry of Foreign Trade and Economic Relations of Bosnia and Herzegovina

Mirko Šarović
Minister
Musala 9, Sarajevo, Bosnia and Herzegovina
Phone +387 33 220093
Kab.Ministra@mvteo.gov.ba