The World Bank Implementation Status & Results Report Energy Efficiency Project (P143580) Energy Efficiency Project (P143580) EUROPE AND CENTRAL ASIA | Bosnia and Herzegovina | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2014 | Seq No: 20 | ARCHIVED on 28-Feb-2024 | ISR59900 | Implementing Agencies: Bosnia and Herzegovina, FBH Ministry of Physical Planning, RS Ministry of Spatial Planning, Civil Engineering and Ecology Key Dates Key Project Dates Bank Approval Date: 13-Mar-2014 Effectiveness Date: 27-May-2015 Planned Mid Term Review Date: 30-Jun-2017 Actual Mid-Term Review Date: 07-Jun-2017 Original Closing Date: 30-Jun-2018 Revised Closing Date: 29-Feb-2024 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective is to demonstrate the benefits of energy efficiency improvements in public sector buildings and support the development of scalable energy efficiency financing models. Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured) The project development objective is to improve energy efficiency in public buildings, and to support the development and implementation of scalable energy efficiency financing models Components Table Name Energy Efficiency Investments in Public Facilities:(Cost $64.20 M) Support for the Development of Scalable Financing Mechanisms and Capacity Building:(Cost $5.20 M) Project Management:(Cost $4.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Highly Satisfactory Overall Implementation Progress (IP) Satisfactory Highly Satisfactory Overall Risk Rating Moderate Low Implementation Status and Key Decisions The implementation of BEEP original project has been concluded. The Additional Financing (AF), approved by the World Bank Board of Directors on October 30, 2018, reached effectiveness on March 11, 2020 and is under active implementation with disbursement above 97 percent. The Project is on track to achieve its development objectives. 2/28/2024 Page 1 of 6 The World Bank Implementation Status & Results Report Energy Efficiency Project (P143580) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance -- Moderate Low Macroeconomic -- Moderate Low Sector Strategies and Policies -- Moderate Low Technical Design of Project or Program -- Moderate Low Institutional Capacity for Implementation and -- Moderate Low Sustainability Fiduciary -- Moderate Low Environment and Social -- Low Low Stakeholders -- Moderate Low Other -- Moderate Low Overall -- Moderate Low Results PDO Indicators by Objectives / Outcomes Improving energy efficiency in public buildings IN01401472 ►Projected lifetime energy savings (Megawatt hour(MWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 1,334,961.00 1,338,904.00 1,322,527.00 Date 01-Jul-2021 22-Sep-2023 31-Jan-2024 29-Feb-2024 For the original IDA credit, the lifetime energy savings were 683,419 MWh above its target. The targeted lifetime energy savings under AF are 655,485 MWh for both entities, which extends the successful results achievement from BEEP. Comments: 101.2% of the target value of lifetime fuel savings have been achieved. Supporting development and implementation of scalable energy efficiency financing models IN01401473 ►Development and implementation of scalable EE financing models (Text, Custom) 2/28/2024 Page 2 of 6 The World Bank Implementation Status & Results Report Energy Efficiency Project (P143580) Baseline Actual (Previous) Actual (Current) End Target Revolving fund being Revolving fund is initiated with two tenders being operational with completed for public ongoing works for two building retrofitting. public building (FBIH) retrofitting. (FBIH) Revolving EE financing models Value No scalable models Revolving financing Revolving financing implemented and post- models for AF agreed model is in place and BEEP arrangements with the first budget the first budget reflows defined reflows expected to be has been transferred adopted by the to the EPEE fund for Government in 2023. additional building (RS) retrofitting. (RS) Date 01-Jul-2021 22-Sep-2023 31-Jan-2024 29-Feb-2024 Scalable energy efficiency financing models have been initiated and started its operation. In FBiH, the initial capital has increased to BAM 11.75 million for the FBiH Energy Efficiency Revolving Fund (RF). Construction work on the first two buildings under the RF began in 2023 with one more building set to begin tendering in the coming months. RS also put in place a revolving energy savings collection mechanism to capture the reflows. The budget reflows from energy savings achieved by BEEP AF has Comments: been transferred to the Environmental Protection and Energy Efficiency Fund for additional building retrofitting. Also, a pilot for performance-based contracting is taken forward and the contract for the PBC is expected to be completed in February 2024. Intermediate Results Indicators by Components EE Investments in Public Facilities IN01401474 ►Projected lifetime fuel savings (Mega Joules (MJ), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 4,805,858,658.00 4,820,053,062.00 4,723,732,285.00 Date 01-Jul-2021 22-Sep-2023 31-Jan-2024 29-Feb-2024 The end target under the original IDA Credit was 2,340,000 MJ, which was exceeded. With the AF effective, the PIUs are implementing the workplan to achieve the end target by February 2024. With 97% disbursement, 102% of the target value of lifetime fuel savings have been achieved already. Comments: . IN01401521 ►Lifetime GHG savings (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 439,482.00 449,794.00 504,653.00 Date 01-Jul-2021 22-Sep-2023 31-Jan-2024 29-Feb-2024 Comments: The original IDA Credit target of lifetime GHG savings was overachieved by the BEEP original. 2/28/2024 Page 3 of 6 The World Bank Implementation Status & Results Report Energy Efficiency Project (P143580) The targeted lifetime CO2 savings are 286,539 metric tons for both entities, which extend the successful results achievement from BEEP. With 97% disbursement, 89% of the target value of lifetime fuel savings have been achieved. IN01401523 ►Number of subprojects Planned. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 156.00 156.00 174.00 Date 01-Jul-2021 22-Sep-2023 31-Jan-2024 29-Feb-2024 The total number of buildings expected to be retrofitted under BEEP and AF is 156. The original IDA credit target was 83 buildings, while the Project has completed 87 sub-projects. Comments: The lower number of buildings compared with the target are explained by a higher portion of large complex buildings, including hospitals and large government offices. IN01401524 ►Direct project beneficiaries. (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 934,316.00 925,579.00 814,000.00 Date 01-Jul-2021 22-Sep-2023 31-Jan-2024 29-Feb-2024 The number of direct beneficiaries of the buildings that finished implementation are included in the ISR. Comments: IN01401525 ►Increase in end-user satisfaction in FBiH (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 45.13 38.79 34.00 Date 01-Jul-2021 22-Sep-2023 31-Jan-2024 29-Feb-2024 The end-user satisfaction was done through social surveys among direct project beneficiaries before and after the co Comments: efficiency investments in selected public buildings IN01401526 ►Increase in end-user satisfaction in RS (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 66.00 42.64 34.00 Date 01-Sep-2014 22-Sep-2023 31-Jan-2024 29-Feb-2024 Comments: The end-user satisfaction was done through social surveys among direct project beneficiaries before and after the co efficiency investments in selected public buildings. 2/28/2024 Page 4 of 6 The World Bank Implementation Status & Results Report Energy Efficiency Project (P143580) Support for the Development of Scalable Financing Mechanisms and Capacity Building IN01401475 ►Development and implementation of customized skills training for target female beneficiaries. (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target Customized EE Customized skills Customized EE trainings trainings for female training to target for female professionals professionals delivered female groups delivered in October No customized training in October 2022 and developed and Value 2022 and 90.4% of the provided 90.4% of the trained implemented with at trained women were women were satisfied least 75% of trained satisfied with the skills with the skills female being satisfied acquired. acquired. with skills acquired Date 01-Jul-2021 22-Sep-2023 31-Jan-2024 29-Feb-2024 EE trainings for female professionals working in the building energy efficiency sector was delivered and total 148 female professionals participated in the training sessions. The training topics covered both soft skills and technical skills, including project management, business development, domestic and Comments: international financing for EE, and comprehensive energy monitoring technologies, and 90.4% of the trained women were satisfied with the skills acquired. IN01401522 ►Reflows from EE repayments and captured energy cost savings (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,610,000.00 6,540,000.00 5,248,258.00 Date 01-Jul-2021 22-Sep-2023 31-Jan-2024 29-Feb-2024 In FBiH, the initial capital has increased to BAM 11.75 million for the FBiH Energy Efficiency Revolving Fund. In RS, the budget reflows from energy savings achieved by BEEP AF (BAM 0.17 million) has been Comments: transferred to the Environmental Protection and Energy Efficiency Fund, following the budgeting process of the Ministry. Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P143580 IBRD-89060 Effective USD 32.00 32.00 0.00 29.53 0.94 97% P143580 IDA-53930 Closed USD 28.00 28.00 0.00 25.21 0.00 100% P143580 IDA-55380 Closed USD 4.00 3.99 0.01 3.67 0.00 100% 2/28/2024 Page 5 of 6 The World Bank Implementation Status & Results Report Energy Efficiency Project (P143580) Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P143580 IBRD-89060 Effective 30-Oct-2018 18-Jan-2019 11-Mar-2020 29-Feb-2024 29-Feb-2024 P143580 IDA-53930 Closed 13-Mar-2014 29-Oct-2014 27-May-2015 30-Jun-2018 30-Jun-2020 P143580 IDA-55380 Closed 13-Mar-2014 29-Oct-2014 27-May-2015 30-Jun-2018 30-Nov-2020 Cumulative Disbursements Restructuring History Level 2 Approved on 10-Nov-2017 ,Level 2 Approved on 06-Dec-2019 ,Level 2 Approved on 29-Jun-2020 Related Project(s) P165405-Additional Financing for the Bosnia and Herzegovina Energy Efficiency Project 2/28/2024 Page 6 of 6