Promoting Low Carbon Urban Development in Bangladesh
Category: MCF
Bangladesh GEF-6 Project for Low-Carbon Urban Development as of July 8, 2020
The Promoting Energy-Related Low Carbon Urban Development (LCUD) project in Bangladesh, under the GEF-6 framework (GEF Project ID: 9368), aims to reduce Greenhouse Gas (GHG) emissions by enabling investments in renewable energy (RE) and energy efficiency (EE) to support urban development. The project, with a duration of 60 months, involves the Sustainable and Renewable Energy Development Authority (SREDA) and the Department of Environment, Ministry of Environment, Forests and Climate Change (MoEFCC) as executing partners. Key components include integrating energy-relevant low-carbon concepts into city-level plans and regulations, strengthening capacity in national and local government entities, and supporting city corporations in planning and investing in cost-effective LCUD options. It also focuses on implementing low-carbon EE, RE, and waste-to-energy interventions in public and private buildings and the built environment by identifying and executing targeted investments. The project is financed through GEF funding ($3,767,810) and significant co-financing ($65,800,000). While specific Bangladesh statutes are not named, the project integrates LCUD concepts into existing 'regulatory measures and policy instruments'. The project document was submitted and re-submitted multiple times, with the latest re-submission date being July 8, 2020. Compliance involves executing the project components and achieving the stated outcomes within the 60-month timeframe.
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Full text:
GEF-6 REQUEST FOR PROJECT ENDORSEMENT/APPROVAL Project Type: FORMDROPDOWN Type of Trust Fund: FORMDROPDOWN For more information about GEF, visit HYPERLINK "http://www.thegef.org/gef/home" TheGEF.org part i: project information Project Title: Promoting Energy-Related Low Carbon Urban Development in Bangladesh (LCUD) Country(ies): Bangladesh GEF Project ID: 9368 GEF Agency(ies): FORMDROPDOWN GEF Agency Project ID: 5571 Other Executing Partner(s): Sustainable and Renewable Energy Development Authority (SREDA) and Department of Environment, Ministry of Environment, Forests and Climate Change (MoEFCC) Submission Date: Re-submission Date: Re-submission Date: Re-submission Date: FORMTEXT 2019-05-29 2020-04-24 2020-04-28 2020-07-08 GEF Focal Area (s): FORMDROPDOWN Project Duration (Months) FORMTEXT 60 Integrated Approach Pilot IAP-Cities FORMCHECKBOX IAP-Commodities FORMCHECKBOX IAP-Food Security FORMCHECKBOX Corporate Program: SGP FORMCHECKBOX Name of Parent Program FORMTEXT [if applicable] Agency Fee ($) 357,942 HYPERLINK "https://www.thegef.org/gef/sites/thegef.org/AppData/Local/Microsoft/Windows/Temporary Internet Files/AppData/Local/Microsoft/Windows/Temporary Internet Files/Content.Outlook/5RRT28VG/refer to the excerpts on GEF 6 Results Frameworks for GETF, LDCF and SCCF." Focal Area Strategy Framework and Other Program Strategies Focal Area Objectives/Programs Focal Area Outcomes Trust Fund (in $) GEF Project Financing Co-financing CCM-1 Program 3 Promote integrated low-emission urban systems FORMDROPDOWN 3,767,810 65,800,000 Total project costs 3,767,810 65,800,000 Project description summary Project Objective: To reduce GHG emissions by enabling investments in renewable energy and energy-efficiency to support urban development in Bangladesh Project Components/ Programs Finan-ing Type Project Outcomes Project Outputs Trust Fund (in $) GEF Project Financing Confirmed Co-financing I. City level integration of energy-relevant low carbon urban development plans and programmes TA 1. Coordinated and integrated low-carbon urban plans and effective implementation of regulations 1.1 LCUD concepts integrated in regulatory measures and policy instruments GEFTF 769,820 119,000 1.2 Capacity strengthened in national and local government entities on LCUD 1.3 City corporations supported in the incorporation of LCUD elements in city planning and investment in cost-effective LCUD options II. Implementation of low carbon energy efficiency, renewable energy and waste to energy interventions in cities INV and TA 2. Increased investments in EE (energy efficiency) and RE (renewable energy) in buildings and the built environment 2.1 Identified low-carbon investments in public and private buildings and built environment GEFTF 1,016,881 (TA) 1,024,263 (INV) 119,000 (TA) 65,000,000 (INV)
Tags: Buildings, Cities, Climate Change, Compliance, Deadline, Development, Energy, Energy Efficiency, Finance, Ghg, Governance, Institutions / Administrative Arrangements, Investment, Mitigation, Planning, Policy, Regulation, Renewable Energy, Waste