02.03.2015 why is sustainable energy so important, raymond babb
TRANSCRIPT
Mongolia industry consumes 4.5 times more energy than the EU-27 average for each unit of economic output
7
• A
• B
EBRD at a glance • Promotes transition to market economies in 35 countries from central
Europe to central Asia
• Since 2011, the Bank expanded its operations to include Egypt,
Morocco, Tunisia, Jordan, Cyprus and Greece.
• Owned by 65 countries and two inter-governmental institutions, with a
capital base of €30 billion
• In 2014 committed €9 billion through 377 financing operations
TRANSITION IMPACT
& ENVIRONMENTAL SUSTAINABILITY
SOUND BANKING
& SUPPORT TO THE PRIVATE
SECTOR
ADDITIONALITY
17th September, 2014
Since 2006, the EBRD has provided over €2 Billion in sustainable energy financing to more than 80 financial institutions reaching 55,000 clients in 20 countries
Cou ntry Website
Ukraine www.ukeep.org
Georgia www.energocredit.ge
Romania www.eeff.ro
Slovak Republic www.slovseff.eu
Western Balkans www.webseff.com
Russia www.ruseff.com
Hungary www.mffee.hu
Kyrgyzstan www.kyrseff.kg
SEFFs
Goals of the MonSEFF
Disburse loans for EE/RE investments to boost efficiency, increase profits
Encourage investments in modern EE equipment
Increase capacity
Better quality
Less breakdown
Better controls
Implement renewable energy projects
Consortium led by D’Appolonia the Project Consultant (PC)
Free energy audits for eligible businesses
Free expert advice to reduce operating costs and ensure loans pay back quickly;
Loans are available up to USD 2.5 million
Technical support
• Criteria for specific Sub-Projects :
Amount of energy saving at least 15% compared to the baseline (for EE projects)
Renewable energy generation replaces fossil fuel/electricity demand (for RE projects)
Financial viability IRR equal or higher than 10% for EE projects (0% for RE projects)
Loan Eligibility Criteria
EBRD
Credit Line
Sub-Borrower
Loan Agreement
XAC BANK PROJECT
CONSULTANT
Donor funded contract
•Project Identification •Eligibility Assessment •PEA/FEA preparation •Technical assistance
Training Marketing Technical
Support
How it works
THANKS!!
Want to know more?
[email protected] Project Manager
[email protected] Local Team Leader
[email protected] Assistant to PM
[email protected] Project Director