World Bank Project Deck slide image

World Bank Project Deck

AFFORDABLE AND CLEAN ENERGY SUSTAINABLE CITES 11 AND COMMUNITIES 13 CLIMATE ACTION TURKEY Energy Efficiency in Public Buildings Development Challenge: Energy efficiency is critical for Turkey to sustain its economic growth while meeting its commitments for climate change and environmental sustainability. As energy use per capita in Turkey rises, its energy intensity is expected to grow. This high intensity negatively impacts energy security as Turkey's energy imports account for almost 19% of the country's total imports. It also has a negative impact on the environment, with the energy sector accounting for 72.2% of the country's greenhouse gas (GHG) emissions. Purpose: Reduce energy use in central government buildings and inform the development of sustainable financing mechanisms to support a scaled-up, national program for energy efficiency in public buildings. The project supports the renovation of central government and central-government affiliated buildings (i.e., public buildings including schools and hospitals); and strengthens technical assistance to support project implementation to ensure its sustainability and scale-up. Expected Results (include): • . • 315 GWh of annual energy savings 225,000 tons of CO2 equivalent reduced annually 620 buildings commissioned US$18,000,000 of energy costs savings annually IBRD Financing: $150 million Closing: 2025 • World Bank For more information: https://projects.worldbank.org/en/projects-operations/project- detail/P162762 55 THE WORLD BANK Treasury
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