The World Bank Implementation Status & Results Report Montenegro Second Energy Efficiency Project (P165509) Montenegro Second Energy Efficiency Project (P165509) EUROPE AND CENTRAL ASIA | Montenegro | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2018 | Seq No: 7 | ARCHIVED on 20-Jan-2022 | ISR49266 | Implementing Agencies: Ministry of Health, Ministry of Capital Investments, Montenegro Key Dates Key Project Dates Bank Approval Date: 04-Jun-2018 Effectiveness Date: 30-Aug-2018 Planned Mid Term Review Date: 15-Dec-2021 Actual Mid-Term Review Date: 24-Sep-2021 Original Closing Date: 31-Dec-2023 Revised Closing Date: 31-Dec-2023 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The project development objective is to improve energy efficiency in health sector buildings, and to develop and demonstrate a sustainable financing model. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Component 1 – EE investments in public sector buildings:(Cost $7959015.00 M) Component 2 – Technical assistance:(Cost $406890.00 M) Component 3 – Project implementation support:(Cost $616500.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Satisfactory Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Low Low Implementation Status and Key Decisions Project implementation is progressing with some minor delays related to the COVID-19 pandemic. The government has taken corrective actions to avoid further delays in procurement under the project. 1/20/2022 Page 1 of 6 The World Bank Implementation Status & Results Report Montenegro Second Energy Efficiency Project (P165509) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Low Low Macroeconomic Moderate Low Low Sector Strategies and Policies Moderate Low Low Technical Design of Project or Program Moderate Moderate Moderate Institutional Capacity for Implementation and Substantial Moderate Moderate Sustainability Fiduciary Moderate Low Low Environment and Social Moderate Moderate Moderate Stakeholders Moderate Low Low Other -- Moderate Moderate Overall Moderate Low Low Results PDO Indicators by Objectives / Outcomes Improved energy efficiency in health sector public buildings IN01070704 ►Projected energy or fuel savings (Mega Joules (MJ), Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 141,780,000.00 96,444,311.00 215,000,000.00 Date 04-Jun-2018 25-Jun-2021 08-Dec-2021 31-Dec-2023 Construction works on 5 buildings are complete, and the results to date are from technical monitoring and verification for the five buildings completed. Technical monitoring and verification is expected to be Comments: completed for the rest of buildings after the 2021 heating season. IN01070705 Projected lifetime fuel savings (Mega Joules (MJ), Corporate Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 123,000,000.00 57,362,413.00 192,000,000.00 Date 04-Jun-2018 25-Jun-2021 08-Dec-2021 31-Dec-2023 IN01070706 Projected electricity generation savings (Mega Joules (MJ), Corporate Breakdown) Baseline Actual (Previous) Actual (Current) End Target 1/20/2022 Page 2 of 6 The World Bank Implementation Status & Results Report Montenegro Second Energy Efficiency Project (P165509) Value 0.00 18,780,000.00 39,081,898.00 23,000,000.00 Date 04-Jun-2018 25-Jun-2021 08-Dec-2021 31-Dec-2023 Developed and demonstrated sustainable energy efficiency financing model IN01070703 ►Develop and demonstrate a sustainable financing model (Text, Custom) Baseline Actual (Previous) Actual (Current) End Target TA in progress but the TA in progress but the (a) (a) Energy savings (a) Energy savings Energy savings capture capture model is being capture model model is being implemented; (b) implemented; (b) implemented; (b) arrangements for arrangements for arrangements for MEEP2 No sustainable financing MEEP2 energy MEEP2 energy Value energy savings have model savings have been savings adopted; (c) been adopted; (c) adopted; (c) proposal proposal for long-term proposal for long-term for long-term EE EE investment EE investment investment framework framework submitted framework submitted to submitted to to Government Government. Government. Date 04-Jun-2018 01-Jun-2021 08-Dec-2021 31-Dec-2023 Development of the sustainable financing model is complete. Energy cost savings of 97,395 Euro have been allocated to the Ministry of Economy for EE investments in 2021. PIU has started preparing the Comments: ToRs to hire consultant to develop the Operations Manual and proposals for the Eco-Fund to become an functional institution for EE. Intermediate Results Indicators by Components Component 1: Energy efficiency investments in public sector buildings IN01070707 ►Net greenhouse gas emissions (Tones/year, Corporate) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 2,420.13 9,508.95 -3,211.27 Date 04-Jun-2018 25-Jun-2021 08-Dec-2021 31-Dec-2023 IN01070709 ►Number of buildings retrofitted (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 8.00 8.00 18.00 Date 04-Jun-2018 25-Jun-2021 08-Dec-2021 31-Dec-2023 Construction works on 3 buildings finished implementation in 2019, on 2 buildings in 2020, and on another Comments: 3 buildings in 2021. The implementation is on track. 1/20/2022 Page 3 of 6 The World Bank Implementation Status & Results Report Montenegro Second Energy Efficiency Project (P165509) IN01070711 ►Percentage of project beneficiaries reporting an improvement in building comfort level, disaggregated by gender (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Date 04-Jun-2018 25-Jun-2021 08-Dec-2021 31-Dec-2023 Social monitoring and evaluation is carried out for this indicator. The following five healthcare facilities were chosen to take part in the social monitoring and evaluation: GH Bar, GH Nikšić, HC Ulcinj, HC Tivat and HC Podgorica-Golubovci. Social monitoring prior to the investment was completed, and will be carried Comments: out after the works are completed. However, the PIU interviews stakeholders during their supervision missions, and feedback is incorporated into ongoing design works. IN01070712 Percentage of male project beneficiaries reporting an improvement in building comfort level (Percentage, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Date 04-Jun-2018 25-Jun-2021 08-Dec-2021 31-Dec-2023 IN01070713 Percentage of female project beneficiaries reporting an improvement in building comfort level (Percentage, Custom Supplement) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 30.00 Component 2: Technical Assistance IN01070708 ►Increase in women’s awareness of EE (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 10.00 Date 04-Jun-2018 25-Jun-2021 08-Dec-2021 31-Dec-2023 IN01070710 ►Captured energy cost savings (Amount(USD), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 97,395.00 97,395.00 1,200,000.00 Date 04-Jun-2018 25-Jun-2021 08-Dec-2021 31-Dec-2023 Performance-Based Conditions Data on Financial Performance 1/20/2022 Page 4 of 6 The World Bank Implementation Status & Results Report Montenegro Second Energy Efficiency Project (P165509) Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P165509 IBRD-88700 Effective USD 7.39 7.39 0.00 4.96 2.06 71% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P165509 IBRD-88700 Effective 04-Jun-2018 02-Jul-2018 30-Aug-2018 31-Dec-2023 31-Dec-2023 Cumulative Disbursements PBC Disbursement Achievement Disbursed amount in Disbursement % PBC ID PBC Type Description Coc PBC Amount Status Coc for PBC Restructuring History There has been no restructuring to date. Related Project(s) 1/20/2022 Page 5 of 6 The World Bank Implementation Status & Results Report Montenegro Second Energy Efficiency Project (P165509) There are no related projects. 1/20/2022 Page 6 of 6