| Financier | Commitments |
|---|---|
| Global Environment Facility (GEF) | 5.50 |
| Croatia: Govt. of | 3.00 |
Renewable Energy Resources Project
Abstract*
The Renewable Energy Resources Project for Croatia aims at reducing greenhouse gas emissions on a continuous basis by overcoming barriers to implementation of renewable energy. Performance indicators for the global objective include: Reductions in carbon dioxide emissions at the national and project levels; and Increased share of new Renewable Energy Resources (RER) in national energy supply. The project will achieve the objectives by: (i) Overcoming... Show More
Development Objective
The objective of the proposed project is to help develop an economically and env ironmentally sustainable market for renewable energy resources in Croatia. Devel opment of this market will support Croatia in its EU accession efforts. In addi tion, the project will help make Croatia?s economy less reliant on imported elec tricity and fossil fuels, reduce overall emissions, lead to a higher degree of l ocal equipment manufacturing, and create an attractive climate for private inves tment in renewable energy, and generate local industry and employment. The proje ct will in principle deal with both the production of electricity and heat from RER. However, most of the emphasis will be on electricity production (from wind farms and biomass fired cogeneration plants).
Key Details
Project Details
P071464
Closed
Peter Johansen
N/A
June 13, 2002
(as of board presentation)
June 23, 2005
November 24, 2005
US$ 8.50 million
N/A
2005
US$ 8.50 million
C
January 15, 2013
May 31, 2010
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 8.50 |
| Total Project Cost** | 8.50 |
Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025
No data available.
Detailed Financial Activity as of February 28, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Financial Management | Satisfactory | 2010-03-25 |
| Monitoring and Evaluation | Satisfactory | 2010-03-25 |
| Summary Global Objective Rating | Moderately Unsatisfactory | 2010-03-25 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2010-03-25 |
| Overall Safeguards Rating | Satisfactory | 2010-03-25 |
| Procurement | Satisfactory | 2010-03-25 |
| Counterpart Funding | Satisfactory | 2010-03-25 |
| Project Management | Satisfactory | 2010-03-25 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 11-29-2010 |
|---|---|
| Outcomes | Moderately Unsatisfactory |
| Risk to Development Outcome | Substantial |
| Bank Performance | Moderately Unsatisfactory |
| Borrower Performance | Moderately Unsatisfactory |
| Government Performance | Moderately Satisfactory |
| Implementing Agency | Moderately Unsatisfactory |
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 05-16-2011 | PROJECT PERFORMANCE ASSESSMENT REPORT: 06-27-2013 |
|---|---|---|
| Outcome Rating | Moderately Unsatisfactory | Moderately Unsatisfactory |
| Risk To Development Outcome | Significant | Moderate |
| Bank Performance | Moderately Unsatisfactory | Moderately Unsatisfactory |
| Borrower Performance | Moderately Unsatisfactory | Moderately Unsatisfactory |
| Government Performance | Moderately Unsatisfactory | Moderately Unsatisfactory |
| Implementing Agency | Moderately Unsatisfactory | Not Rated |
| Icr Quality | Satisfactory | Not Rated |
| M&e Quality | Modest | Negligible |
Results Framework
No data available.