Energy Efficiency

Abstract*

The development objective of the Montenegro Energy Efficiency (MEE) Project is to improve energy efficiency performance in targeted public sector buildings in order to provide a demonstrated basis for development of a sustainable energy efficiency improvement program in the public sector in Montenegro. There are two components to the project. The first component of the project is energy efficiency improvement in public sector buildings across Montenegro... Show More

Development Objective

The project development objective is to improve energy efficiency performance in public sector buildings to provide a demonstrated basis to improve energy efficiency implementation practices and capacity in public institutions and energy efficiency service providers in Montenegro.

Key Details

Project Details

Project ID
P107992
Status
Closed
Team Leader
Pedzisayi Makumbe
Borrower 2
Montenegro

Country
Montenegro
Disclosure Date
November 25, 2008
Approval Date
(as of board presentation)
December 9, 2008
Effective Date
February 24, 2009

Total Project Cost 1
US$ 6.50 million
Implementing Agency
Ministry of Economy,Ministry of Economy,Ministry of Health
Region
Europe and Central Asia
Fiscal Year 3
2009

Commitment Amount
US$ 6.50 million
Environmental Category
B
Last Update Date
October 2, 2023
Closing Date
March 30, 2018

Consultant Services required
No
Last Stage Reached
BANK APPROVED

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Environment and Natural Resource Management

FY17 - Climate change80%
- FY17 - Mitigation80%

FY17 - Social Development and Protection

FY17 - Fragility, Conflict and Violence2%
- FY17 - Forced Displacement2%
FY17 - Social Inclusion18%
- FY17 - Other Excluded Groups18%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
International Bank for Reconstruction and Development	6.50

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	6.50
IDA Commitment	N/A
IBRD + IDA Commitment	6.50

Lending Instrument
Grant Amount	N/A
Total Project Cost**	6.50

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

No data available.

Detailed Financial Activity as of March 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Dec 23, 2013	IBRD-83240	Loan Commitment	6,800,000.00
Dec 9, 2008	IBRD-76370	Loan Commitment	9,400,000.00
May 15, 2022	IBRD-83240	Int Charges	392.84
May 15, 2022	IBRD-83240	Loan Repay	228,448.12
Nov 15, 2022	IBRD-83240	Int Charges	6,406.88
Nov 15, 2022	IBRD-83240	Loan Repay	236,195.88
May 15, 2023	IBRD-83240	Int Charges	51,483.38
May 15, 2023	IBRD-83240	Loan Repay	253,806.38
Nov 15, 2023	IBRD-83240	Int Charges	71,519.50
Nov 15, 2023	IBRD-83240	Loan Repay	261,026.23
May 15, 2024	IBRD-83240	Int Charges	72,130.81
May 15, 2024	IBRD-83240	Loan Repay	268,083.80
Nov 15, 2019	IBRD-83240	Int Charges	8,604.95
Nov 15, 2019	IBRD-83240	Loan Repay	209,288.55
May 15, 2020	IBRD-83240	Int Charges	5,255.00
May 15, 2020	IBRD-83240	Loan Repay	211,482.98
Nov 15, 2020	IBRD-83240	Int Charges	10,855.73
Nov 15, 2020	IBRD-83240	Loan Repay	238,238.02
May 15, 2021	IBRD-83240	Int Charges	1,273.55
May 15, 2021	IBRD-83240	Loan Repay	251,415.60
Nov 15, 2021	IBRD-83240	Int Charges	697.82
May 15, 2014	IBRD-83240	Loan Disb	682,875.00
Sep 22, 2014	IBRD-76370	Loan Disb	89,404.01
Sep 22, 2014	IBRD-83240	Loan Disb	12,444.81
May 15, 2015	IBRD-83240	Int Charges	16.19
May 15, 2015	IBRD-83240	Int Charges	2,228.03
Sep 1, 2015	IBRD-83240	Loan Disb	365,001.47
Apr 1, 2015	IBRD-76370	Int Charges	3,626.83
Oct 1, 2014	IBRD-76370	Int Charges	9,654.22
Oct 1, 2014	IBRD-76370	Loan Repay	1,149,464.80
Nov 19, 2014	IBRD-83240	Loan Disb	15,637.03
Nov 15, 2014	IBRD-83240	Int Charges	28.23
Nov 20, 2014	IBRD-76370	Loan Disb	145,102.36
Nov 15, 2014	IBRD-83240	Int Charges	3,194.81
Sep 13, 2013	IBRD-76370	Loan Disb	394,647.00
Aug 9, 2013	IBRD-76370	Loan Disb	216,557.83
Sep 6, 2013	IBRD-76370	Loan Disb	150,258.23
Oct 1, 2013	IBRD-76370	Int Charges	275.22
Oct 1, 2013	IBRD-76370	Int Charges	8,832.86
Oct 1, 2013	IBRD-76370	Loan Repay	1,141,637.40
Jan 27, 2014	IBRD-76370	Loan Disb	89,607.41
Apr 1, 2014	IBRD-76370	Int Charges	186.59
Apr 1, 2014	IBRD-76370	Int Charges	9,973.66
Apr 1, 2014	IBRD-76370	Loan Repay	1,310,105.50
Mar 5, 2014	IBRD-83240	Loan Disb	17,156.88
Mar 5, 2014	IBRD-83240	Fee Charges	17,156.88
Nov 15, 2021	IBRD-83240	Loan Repay	244,451.89
Aug 4, 2017	IBRD-83240	Loan Disb	526,229.80
Nov 15, 2017	IBRD-83240	Int Charges	403.71
Nov 15, 2017	IBRD-83240	Int Charges	8,607.18
Jan 10, 2018	IBRD-83240	Loan Disb	55,230.82
Aug 6, 2018	IBRD-83240	Loan Disb	-54,168.85
May 15, 2018	IBRD-83240	Int Charges	8,066.31
Nov 15, 2018	IBRD-83240	Int Charges	8,053.71
Aug 6, 2018	IBRD-83240	Loan Cancel	54,168.85
May 15, 2019	IBRD-83240	Int Charges	8,085.55
May 15, 2019	IBRD-83240	Loan Repay	206,290.17
Jul 15, 2016	IBRD-83240	Loan Disb	431,951.70
May 15, 2016	IBRD-83240	Int Charges	39.97
May 15, 2016	IBRD-83240	Int Charges	7,742.91
Dec 6, 2016	IBRD-83240	Loan Disb	130,840.28
Nov 15, 2016	IBRD-83240	Int Charges	56.48
Nov 15, 2016	IBRD-83240	Int Charges	7,051.80
May 15, 2017	IBRD-83240	Int Charges	6,304.60
Jun 1, 2017	IBRD-83240	Loan Disb	250,526.05
Apr 7, 2017	IBRD-83240	Loan Disb	814,172.70
Mar 28, 2017	IBRD-83240	Loan Disb	157,744.48
Apr 1, 2015	IBRD-76370	Loan Repay	1,010,855.94
Jul 10, 2015	IBRD-83240	Loan Disb	236,535.75
Jul 10, 2015	IBRD-83240	Loan Disb	430,628.53
Apr 1, 2015	IBRD-76370	Int Charges	8.24
Apr 28, 2015	IBRD-76370	Loan Cancel	404,616.38
Jul 30, 2015	IBRD-83240	Loan Disb	405,532.20
Nov 15, 2015	IBRD-83240	Int Charges	4,838.79
Nov 15, 2015	IBRD-83240	Int Charges	8.25
Aug 31, 2015	IBRD-83240	Loan Disb	345,715.70
Apr 28, 2015	IBRD-76370	Loan Disb	-404,616.38
Apr 15, 2015	IBRD-83240	Loan Disb	13,323.43
Feb 9, 2016	IBRD-83240	Loan Disb	351,536.03
Oct 1, 2015	IBRD-76370	Int Charges	1,637.10
Oct 1, 2015	IBRD-76370	Loan Repay	792,321.25
Nov 4, 2015	IBRD-83240	Loan Disb	206,597.12
Apr 29, 2016	IBRD-83240	Loan Disb	249,138.48
Apr 1, 2016	IBRD-76370	Int Charges	669.84
Apr 1, 2016	IBRD-76370	Loan Repay	775,106.06

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Moderately Satisfactory	2017-11-15
Procurement	Moderately Satisfactory	2017-11-15
Financial Management	Moderately Satisfactory	2017-11-15
Overall Safeguards Rating	Satisfactory	2017-11-15
Project Management	Satisfactory	2017-11-15
Monitoring and Evaluation	Satisfactory	2017-11-15
Overall Implementation Progress (IP)	Moderately Satisfactory	2017-11-15

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 10-30-2018
Outcomes
Risk to Development Outcome	Substantial
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 01-31-2019	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Satisfactory	N/a
Risk To Development Outcome		N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance		N/a
Government Performance	Not Rated	N/a
Implementing Agency		N/a
Icr Quality	Substantial	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Quantified Energy Savings in Targeted Buildings Value 0.00 25.00 34.00
Date February 24, 2009 December 23, 2013 March 30, 2018
Comment
Increased end user satisfaction in Targeted Buildings Value 0.00 25.00 57.00
Date February 24, 2009 December 23, 2013 March 30, 2018
Comment
Energy Efficiency Implementation Practices and Capacity in Public Institutions Value No Yes Yes
Date December 23, 2013 December 23, 2013 March 30, 2018
Comment
Implementation Practices and Capacity in Energy Efficiency Service Providers Value 10.00 50.00 46.00
Date December 23, 2013 December 23, 2013 March 30, 2018
Comment

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Lifetime Greenhouse Gas Savings Value 0.00 60750.00 41504.25
Date February 24, 2009 March 30, 2018 September 22, 2017
Comment
Number of public sector buildings for which project audits have been performed and project documents have been prepared Value 0.00 27.00 49.00
Date February 24, 2009 December 23, 2013 March 30, 2018
Comment
Number of buildings retrofitted with energy efficiency improvement schemes Value 0.00 27.00 49.00
Date February 24, 2009 December 23, 2013 March 30, 2018
Comment
Lifetime energy savings Value 0.00 150000.00 118879.50
Date February 24, 2009 March 30, 2018 September 22, 2017
Comment
Lifetime fuel savings Value 0.00 590000000.00 427966200.00
Date February 24, 2009 March 30, 2018 September 22, 2017
Comment

Quantified Energy Savings in Targeted Buildings	Value	0.00	25.00	34.00
	Date	February 24, 2009	December 23, 2013	March 30, 2018
	Comment

Implementation Practices and Capacity in Energy Efficiency Service Providers	Value	10.00	50.00	46.00
	Date	December 23, 2013	December 23, 2013	March 30, 2018
	Comment

Lifetime Greenhouse Gas Savings	Value	0.00	60750.00	41504.25
	Date	February 24, 2009	March 30, 2018	September 22, 2017
	Comment

Lifetime energy savings	Value	0.00	150000.00	118879.50
	Date	February 24, 2009	March 30, 2018	September 22, 2017
	Comment

Lifetime fuel savings	Value	0.00	590000000.00	427966200.00
	Date	February 24, 2009	March 30, 2018	September 22, 2017
	Comment