Ms. Lin O´Grady
Municipal & Environmental Infrastructure What is EBRD
EBRD is an international financial institution In 2018 EBRD Top 10 supporting the development of sustainable well- investee countries functioning market economies in 2018 (€m) Since 1991, EBRD invested over €130.6 billion in €9.6 5,325 projects billion 1 Egypt 1,148
12 140 2 Turkey 1,001
120 410 10 3 Greece 846 1.0 1.4 0.7 0.8 projects 100 8 0.4 Private sector accounted 4 Poland 556 80 for share of 6 5 Ukraine 543 60 73% 8.7 8.7 4 8.5 8.2 8.5 6 Kazakhstan 472 40 Debt 2
20 7 Romania 443 Net Cumulative Bank Investment Bank Cumulative Net Annual Business Investment (ABI) Investment Business Annual 83%
Equity 0 0 8 Uzbekistan 397 2014 2015 2016 2017 2018 9% Equity ABI 9 Serbia 396 Guarantee Debt ABI (and guarantees) Net Cumulative Bank Investment 8% 10 Belarus 360 Ljubljana, Slovenia
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 2 EBRD Green Cities
€1 billion framework to support cities to identify, benchmark, prioritise and invest in Green City measures to improve urban environmental performance through:
Delivery of strategy and policy support Green City Action Plans (GCAP) Policy dialogue
Facilitating and stimulating Green City infrastructure investments Urban Transport Water & Wastewater District Energy Building Energy Efficiency Solid Waste Street Lighting Renewable Energy Climate Change Resilience
Building capacity of city administrators and key stakeholders
Ljubljana, Slovenia
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 3 Eligibility Criteria
In order to become a part of EBRD Green Cities, cities must meet the following criteria:
1 Located in EBRD’s Countries of Operation
2 Population ≥ 100,000
3 Conduct a Green City Action Plan
4 Initiate ‘Trigger’ Infrastructure Project
In one of the following sectors: • Solid Waste • Public Building Energy Efficiency • Water & Wastewater • Renewable Energy • Urban Transport • Climate Change Resilience • District Heating • Street Lighting
5 Projects must target a 20% reduction in GHG emissions, energy or resource consumption, or pollution
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 4 Green investments & policy support
PRIORITY INVESTMENT
TRIGGER PRIORITY GCAP INVESTMENT INVESTMENT
OTHER INITIATIVES OR REFORM EFFORTS
Example
Tbilisi Buses Tbilisi GCAP Tbilisi Solid Waste
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 5 GCAPs: a Systematic Approach to Investments
Priority Priority Priority
BASELINE
ACTION PLAN Indicative Investments Mid-term Targets Long-term Visions
5 Years 10 Years 15 Years
INVESTMENT TARGETED
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 6 Green City Infrastructure Investments
Financing Options
Loans to PPP/ Sovereign- Municipal loans or utility loans Quasi corporate utility private backed loans guaranteed by municipality loans companies
Central Municipality Utility Company Private Company Government
Investment Size
€ 2 million to € 150 million
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 7 Ex: Batumi Bus, Georgia
EBRD Finance € 5.5 million
Supporting the City of Batumi to improve and modernise bus operations through the purchase of a new bus fleet of 10 electric and 20 diesel buses.
• First electric bus project for the Bank • GCAP preparation • Procurement support • Corporate development and stakeholder participation programmes
Supported by an E5P grant of € 1.5 million
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 8 Ex: Banja Luka District Heating, BiH
EBRD Finance $ 8.35 million
GHG Reduced 45,750 ton CO2 eq / yr
Supporting the City of Banja Luka, in Bosnia and Herzegovina, for the purchase of an equity stake in a new district heating Company, which will convert expensive and polluting heavy fuel oil boilers to biomass.
• First non-sovereign municipal project in Bosnia and Herzegovina • GCAP preparation • City to adopt a new tariff structure. • Company to adhere to EBRD’s environmental and social requirements.
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 9 Ex: Energy Efficient Refurbishment of Zenica Hospital, BiH
EBRD Finance € 10 million
Supporting the energy efficient refurbishment of the Zenica Cantonal Hospital which will increase energy efficiency of the building complex, reduce CO2 emissions and improve local air quality.
• GCAP preparation • Development of a Credit Enhancement Programme in order to improve the management and financial planning functions of the Canton • Improve energy efficiency from the Hospital’s activity by at least 15 per cent
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 10 Green Cities
Minsk 3 GCAPs adopted
17 GCAPs underway Pinsk
1 GCAPs in procurement Kiyv Lviv Ulaanbaatar >>> 11 GCAPs planned Zenica Dushanbe >>> Banja Luka Balti Sarajevo Bishkek >>> Mariupol Novi Sad Chisinau Shymkent >>> Belgrade Pula Craiova
Pristina Varna Podgorica Sofia Tbilisi Skopje Batumi Tirana Gyumri Yerevan Izmir
Amman Alexandria Cairo (As of 1 July 2019)
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 11 Green Cities Impact
Since Nov 2016, under EBRD Green Cities: 32 cities have joined EBRD Green Cities
€ 360 million invested in sustainable infrastructure
€ 1 billion in EBRD & donor finance mobilised
reduced k tonnes CO2 = 80,000 cars 372 year
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 12 Green Cities Projects Signed
18 Projects Signed EBRD finance (€M)
1. Chisinau Buildings €10m 2. Sarajevo Water €25m 3. Belgrade Green Blvd €20m 4. Batumi Bus €5.5m 5. Banja Luka DH €8.4m 6. UKT Tirana Water €15m 7. Varna Resilience €10m 8. Ulaanbaatar Waste €8.6m 9. Lviv Solid Waste €20m 10. Izmir Metro II €80m 11. Zenica Hospital €10m 12. Sofia Electric Bus €7.9m 13. Tbilisi Solid Waste €15m 14. Minsk VK Wastewater €84m 15. Craiova Urban Rehabilitation €15m 16. Skopje Buses €10m 17. Balti Trolleybus €2.5m 18. Banja Luka Water €10m TOTAL €357m (As of 13 Sept 2019) www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 13 .com Contacts
For all further enquiries, please contact:
Lin O’Grady Head, Project Preparation and Implementation [email protected]
Nigel Jollands Lead, Policy Products Energy Efficiency and Climate Change [email protected]
www.ebrdgreencities.com @EBRD #EBRDgreen #GreenCities 12 October, 2019 15