Promoting Low Carbon Urban Development in Bangladesh

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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

Original Source