RUS Improving Urban Housing Efficiency in the Russian Federation

Category: MCF

Russia: GEF Project for Improving Urban Housing Energy Efficiency (Submitted 2010)

This document details the proposed GEF-funded project, "Improving Urban Housing Efficiency in the Russian Federation," submitted on September 24, 2010 (re-submitted October 15, 2010). The project, a Full-Sized Project under the GEF Trust Fund and part of the Umbrella Programme for Promoting Energy Efficiency in the Russian Federation (GEF-4 Strategic Program CC-SP1), is executed by EBRD and IFC (on behalf of the World Bank) in the Russian Federation. Its primary purpose is to reduce greenhouse gas emissions by promoting the construction and improvement of energy-efficient municipal and mixed-ownership housing stock. The project aims to integrate energy efficiency considerations across all stages of municipal housing, from planning through refurbishment and maintenance, and to maximize the climate benefits of the Russian Municipal Housing Reform Fund. The project is structured around four components: 1. **Integrated Municipal Planning (Technical Assistance):** Focuses on developing local policies, procedures, and capacity for cost-effective energy-efficient housing planning and financing. Expected outputs include disseminating best practices in integrated municipal energy planning, refurbishment, and reconstruction, and developing municipal investment frameworks in participating areas. 2. **Regulatory Support (Technical Assistance):** Aims to foster legislation and regulations that incentivize energy efficiency investments in the residential sector. This involves providing ongoing support for the development of improved housing, civil, and administrative legislation, as well as secondary legislation specifically related to energy efficiency. 3. **Financing Facilitation (Technical Assistance and Investment):** Seeks to increase investments in energy-efficient building refurbishment and reconstruction. Activities include designing and supporting the implementation of regional funds for housing refurbishment and facilitating commercial investments in residential efficiency using bank and/or non-bank mechanisms. 4. **Project Management:** Covers overall project coordination and administration. The total project cost is $149,670,000, comprising $9,670,000 in GEF financing and $140,000,000 in co-financing. The project's expected timeline includes an Agency Approval date in October 2010, an Implementation Start in November 2010, a Mid-term Evaluation in April 2013, and a Project Closing Date in November 2015. Affected sectors include housing, construction, finance, and potentially the energy sector (demand side). While the project supports the development of legislation, specific regulation or statute names being supported are not listed, only the categories of legislation (housing, civil, administrative, secondary energy efficiency legislation) and the Russian Municipal Housing Reform Fund.

Request for CEO endorsement/Approval
Project Type: Full-Sized Project
the GEF Trust Fund
Submission Date: September 24, 2010
Re-submission Date: October 15, 2010
 
Expected Calendar (mm/dd/yy)
Milestones	Dates
Work Program (for FSPs only)	April 2008
Agency Approval date	October 2010
Implementation Start	November 2010
Mid-term Evaluation (if planned)	April 2013
Project Closing Date	November 2015

part i: project Information 
GEFSEC Project ID: 3597
gef agency Project ID: 
Country(ies): Russian Federation
Project Title: Improving Urban Housing Efficiency in the Russian Federation
GEF Agency(ies): EBRD, World Bank
Other Executing partner(s): IFC (on behalf of World Bank)
GEF Focal Area(s): Climate Change 
GEF-4 Strategic program(s): CC-SP1
Name of parent program/umbrella project: Umbrella Programme for Promoting Energy Efficiency in the Russian Federation
Project framework (Expand table as necessary)
Project Objective: The proposed EBRD-IFC GEF project is designed to reduce greenhouse gas emissions in Russia by encouraging the construction of energy efficient municipal & mixed ownership housing stock. The proposed project aims to integrate energy efficiency concerns into all phases of municipal housing, from planning to refurbishment and maintenance and maximize the energy and climate benefits of the Russian Municipal Housing Reform Fund. 
Project Components	Indicate whether Invest-ment, TA, or STA2	
Expected Outcomes	
Expected Outputs 
GEF Financing1	
Co-Financing1	
Total ($)
c=a+ b

($) a	%	($) b	%
	1.Integrated Municipal Planning	TA	Local policies, procedures & capacity exist to plan & finance energy efficient housing cost effectively	* Best practice on integrated municipal energy planning, refurbishment and reconstruction disseminated
* Municipal investment frameworks developed in participating municipalities	1,152,100	32%	2,400,000	68%	3,552,100
2.Regulatory support	TA	Legislation and regulations that stimulate energy efficiency investments in the residential sector	* Ongoing support to the development of improved housing, civil and administrative legislation provided
* Ongoing support to develop secondary legislation on energy efficiency provided	644,400	18%	3,000,000	82%	3,644,100
3.Financing Facilitation	TA and invest-ment	Growth in energy efficient building refurbishment and reconstruction investments	*Design and implementation support provided to regional funds for housing refurbishment
*Commercial investments in residential efficiency made and leveraged using bank and/or non-bank mechanisms	7,523,800	5%	134,000,000	95%	141,523,800
4. Project management	350,000	37%	600,000	63%	950,000
Total Project Costs	A9,670,000
B140,000,000
149,670,000
 1 List the $ by project components. The percentage is the share of GEF and Co-financing respectively of the total amount for the component.
 2 TA = Technical Assistance; STA = Scientific & Technical Analysis.
B. Sources of confirmed HYPERLINK "http://gefweb.org/Documents/Council_Documents/GEF_C21/C.20.6.Rev.1.pdf" Co-financing for the project (expand the table line items as necessary)
Name of Co-financier (source)	Classification	Type	Project %*
EBRD	Impl. Agency	Credit Lines	50,000,000	35.7%

Tags: Energy Efficiency, Housing, Buildings, Finance, Investment, Funding, Green Investments, Institutions / Administrative Arrangements, Planning, Policy, Regulation, Report, Climate Change, Mitigation, Deadline, Loan

Original Source