Donor Co-Financing Assessment for New Country Strategy slide image

Donor Co-Financing Assessment for New Country Strategy

5. Activities and Results Framework European Bank for Reconstruction and Development Priority 3: Support energy diversification away from coal and promote low carbon transition Key Objectives Increase energy and resource efficiency Reduce GHG emissions, promote climate resilience and the gradual energy transition; reinforce networks to promote energy resilience • • • Activities Continue and expand engagement with municipalities, including through the Green Cities initiative (e.g. water, wastewater, district heating, public transport). Support capacity building and provide technical assistance to assist implementation of green investments by municipalities. Continue investing in energy efficiency and support the renovation wave (e.g. residential and public buildings, commercial property, regeneration, biomass/gas for agribusinesses), including through intermediated products (e.g. GEFF, mortgage credit lines) and advisory services. Engage in policy dialogue, provide technical assistance and finance waste reduction and waste management improvements (e.g. recycling), circular economy, and remediation of polluted sites. Pursue policy engagement and advocacy to enable market based solutions to increase renewable energy in the fuel mix and the energy transition. Address issues highlighted by a carbon border adjustment mechanism, and extend related advisory services where appropriate. Support investment in energy transmission, distribution and generation to enable expansion of renewable energy sources and deepen market liberalisation and unbundling in line with the EU Third Energy Package and other relevant policies and activities (e.g. EU Green Deal). Explore potential to finance and support Just Transition, with a focus on coal regions and the state-owned electricity companies and mines, including through advisory and policy engagement, and addressing risks of economic exclusion through upskilling/ reskilling. Support BiH plans to achieve its Nationally Determined Contributions, National Energy and Climate Plan and align with the Paris Agreement, including in the area of diversification of power and heat supply away from coal, including through financing renewables and selected gas infrastructure. Support and finance private sector energy transition, and promote green and climate related disclosure, including in SOEs to enhance climate resilience. • . . • Tracking Indicators (Outcomes) Primary energy saved (GJ/yr) Water saved (million m3/yr) Materials reduced/recycled (tonnes/yr) Number of Environmental and Social Action Plans or Green Cities Action Plans implemented as targeted Number/Volume of GEFF/SEFF loans Legal, institutional or regulatory framework for renewables improved Renewable energy capacity installed (MW, heat capacity) CO2e emissions reduced/ avoided (tonnes/yr) Impact Indicator: Value added from industry per unit of CO2 emissions from industry Green 15
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