Programme for Energy Efficiency in Buildings (PEEB) Cool
The Programme for Energy Efficiency in Buildings (PEEB) Cool includes 11 countries across four continents spanning seven different climates: the Mediterranean, humid subtropical, tropical, equatorial, arid, mountain, and continental. These countries suffer from climate change with temperatures reaching levels that increase heat-related health risks. Climate change will lead to an increase in these risks including more regular and extreme heatwaves, and an increase in mean temperatures.
The PEEB Cool project will transform the construction sector by advancing more energy-efficient building design, construction, and operation. It will prioritise sub-sectors with significant potential for climate change adaptation and greenhouse gas reduction such as large-scale new housing schemes and commercial buildings involving both the public and private sectors. Moreover, it will generate strong economic and social benefits such as the creation of green jobs. Throughout its activities, PEEB Cool will include efficient cooling solutions, sustainable construction materials, and the involvement of construction ecosystem stakeholders.
Project timeline
Pipeline
08 Dec 2020 • 682 days
Funding proposal received
08 Dec 2020
Cleared by GCF Secretariat
03 Aug 2022
Cleared by iTAP
26 Sep 2022
Approved
20 Oct 2022 • 383 days
Approved by GCF Board
20 Oct 2022
Legal opinion on AE's Internal Approval
28 Dec 2022
FAA executed
11 Jan 2023
Under implementation
06 Nov 2023 • 560 days so far
FAA effective
06 Nov 2023
Disbursement - USD 16,722,408
07 Mar 2024
Disbursement - USD 25,000,000
06 Mar 2025
To be completed
06 Nov 2033 • 3,095 days to go
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing17% disbursed
| Instrument | Amount |
|---|---|
| Loan | USD 146,042,363 |
| Grant | USD 49,052,396 |
| Loan | USD 45,000,000 |
| Total GCF Financing |
|---|
| USD 240,094,760 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Loan | USD 925,306,577 |
| Co-Financing | Grant | USD 5,574,136 |
| Co-Financing | Grant | USD 2,787,068 |
| Co-Financing | Loan | USD 281,000,000 |
| Total Co-Financing |
|---|
| USD 1,214,667,781 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Entity
Agence Française de Developpement
Delegated External Funds Expert
AFD, 5 rue Roland Barthes, 75012, Paris, France
More contacts
National Designated Authority
Ministry of Tourism and Environment
Director of Procurement and Partnerities
Boulevard "Deshmoret e Kombit", No.1,1001 Tirana, Albania
Under-Secretary of International Financial Relations for Development of the Ministry of Economy
Undersecretary of International Financial Relations
Hipólito Yrigoyen 250, Buenos Aires, Argentina
Advisor
Hipólito Yrigoyen 250, Buenos Aires, Argentina
Advisor
Hipólito Yrigoyen 250, Buenos Aires, Argentina
Ministry of Housing, Urban Development and Environment
Secretary General
P.O.Box:11, Djibouti, Djibouti
Minister of Urbanism, Environment and Tourism
Zone Industrielle Sud , Commune de bouloa, Djibouti, Djibouti
Fiscal Policy Agency, Ministry of Finance
Chairman of Fiscal Policy Agency, Ministry of Finance
R.M. Notohamiprodjo Building 2nd Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Director of Center for Climate Finance and Multilateral Policy/Head of the NDA Secretariat
R.M. Notohamiprodjo Building 5th Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Ministry of Finance and Public Credit, Unit of Public Credit and International Affairs
General Director in the Ministry of Finance and Public Credit
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Director of Sustainable Financing
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Deputy Director in the Ministry of Finance and Public Credit
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Ministry of Energy Transition and Sustainable Development- Department of Sustainable Development
Director of Climate and Diversity
National Council on Climate Change
Director-General and Chief Executive Officer
14 Vistula Close, Maitama, FCT, Abuja, Nigeria
Office of the President of the Government of Republic of North Macedonia
Special Advisor to the President of the Government of Republic of North Macedonia
Bul Ilinden nr.2, Skopje, North Macedonia
Head of Department for Regional and Sustainable Development
Bul Ilinden 2, Skopje, North Macedonia
Ministry of Environment
Secretary
No. 416/C/1, Sobadam Piyasa, Robert Gunawardana Mawatha, Battaramulla, Sri Lanka
Director, Climate Change Secretariat
Sobadam Piyasa, No. 416/C/1, Robert Gunawardana Mawatha, Battaramulla, Sri Lanka
Ministry of Environment
Director General
Immeuble CAPRA, Centre Urbain Nord, Avenue Mohamed Béji Caïd Essebsi, Tunis, Tunisia
Ministry of Environment and Energy
Vice-minister of Strategic Affairs
Calle 25. Av. 8-10, San Jose, Costa Rica
International Cooperation Officer
Calle 25. Av. 8-10, San José, Costa Rica
Director of Climate Change
Calle 25. Av. 8-10, San Jose, Costa Rica
Documents
| Title | Type | Date |
|---|---|---|
| 2023 Annual Performance Report for FP194: Programme for Energy Efficiency in Buildings (PEEB) Cool | Annual Performance Report | 29 May 2024 |
| Programme for Energy Efficiency in Buildings (PEEB) Cool | Approved funding proposal | 14 Nov 2022 |
| Gender assessment for FP194: Programme for Energy Efficiency in Buildings (PEEB) Cool | Gender assessment | 20 Oct 2022 |
| Gender action plan for FP194: Programme for Energy Efficiency in Buildings (PEEB) Cool | Gender action plan | 20 Oct 2022 |
| Environmental and social safeguards (ESS) report for FP194: Programme for Energy Efficiency in Building (Peeb) Cool | Environmental and Social Safeguards report | 15 Sep 2022 |