FP194
Programme for Energy Efficiency in Buildings (PEEB) Cool
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 - 173 days so far
FAA effective
06 Nov 2023
Disbursement - USD 16,094,421
07 Mar 2024
To be completed
06 Nov 2033 - 3,481 days to go
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing7% disbursed
| Instrument | Amount |
|---|---|
| Loan | USD 140,557,939 |
| Grant | USD 47,210,300 |
| Loan | USD 45,000,000 |
| Total GCF Financing |
|---|
| USD 232,768,240 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Loan | USD 890,557,939 |
| Co-Financing | Grant | USD 5,364,806 |
| Co-Financing | Grant | USD 2,682,403 |
| Co-Financing | Loan | USD 281,000,000 |
| Total Co-Financing |
|---|
| USD 1,179,605,150 |
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
Accredited 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
Under Secretary of International Financial Relations for Development
Yrigoyen 250, City of Buenos Aires, Buenos Aires, Argentina
Advisor
Yrigoyen 250, City of Buenos Aires, Buenos Aires, Argentina
Ministry of Environment and Energy
Vice-minister of Strategic Affairs
Calle 25. Av. 8-10, San Jose, Costa Rica
International Cooperation Director
Calle 25. Av. 8-10, San Jose, Costa Rica
International Cooperation Officer
Calle 25. Av. 8-10, San José, Costa Rica
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
Cabinet of the Deputy President of the Government of the Republic of North Macedonia in Charge for Economic Affairs and Coordination of Economic Sectors and Investments
Deputy President of the Government of the Republic of North Macedonia in Charge of Economic Affairs, Coordination of Economic Sectors and Investments
Bul Ilinden nr.2, 1000 Skopje, North Macedonia
Head of Department for Regional and Sustainable Development, Cabinet of the Deputy President of the Government of the Republic of North Macedonia in charge of Economic Affairs, Coordination of Economic Sectors and Investments
Bul Ilinden 2, Skopje, North Macedonia
State Counselor on Climate Change, Ministry of environment and physical planning
Ministry of Finance and Public Credit, Unit of Public Credit and International Affairs
Director General of International Fora and Sustainable Financing
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 of Climate Change
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 Change, Biodiversity, and Green Economy
National Council on Climate Change
Director General
Headquarters Mabushi, Abuja, Nigeria
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 and Sustainable Development
Director of General Directorate of Sustainable Development
Ministere des Affaires Locales et l'Environnement, Cite Administrative, Rue du Developpement, Cite el Khadra, Tunis, Tunisia
Documents
| Title | Type | Date |
|---|---|---|
| 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 |