ENERGY EFFICIENCY PROGRAM/INDUSTRIAL SECTOR

Abstract*

The main objective of the Energy Efficiency Program and Industrial Sector Project is to overcome barriers to the development of a sustainable market for energy efficiency products. In addition to the removal of institutional, and capacity-related barriers, the project aims to establish energy services companies (ESCOs) as the main vehicle to guarantee a sustainable energy efficiency market. Based on current levels of energy consumption, energy efficiency... Show More

Development Objective

The main objective of the proposed project is to overcome barriers to the development of a sustainable market for energy efficiency products. In addition to the removal of institutional and capacity-related barriers, the project aims to establish energy services companies (ESCOs) as the main vehicle to guarantee a sustainable energy efficiency market.

Key Details

Project Details

Project ID
P078131
Status
Closed
Team Leader
Silvia Pariente-David
Borrower 2
N/A

Country
Tunisia
Disclosure Date
November 18, 2003
Approval Date
(as of board presentation)
November 4, 2004
Effective Date
December 13, 2004

Total Project Cost 1
US$ 31.80 million
Implementing Agency
N/A
Region
Middle East and North Africa
Fiscal Year 3
2005

Commitment Amount
US$ 8.50 million
Environmental Category
C
Environmental and Social Risk
Not Applicable
Closing Date
November 30, 2011

Last Stage Reached
BANK APPROVED
Last Update Date
January 15, 2013

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 change50%
- FY17 - Mitigation50%

FY17 - Finance

FY17 - Financial Stability12%
- FY17 - Financial Sector oversight and policy/banking regulation & restructuring12%

FY17 - Private Sector Development

FY17 - Business Enabling Environment38%
- FY17 - Investment and Business Climate38%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
Global Environment Facility (GEF)	8.50
Local Sources of Borrowing Country	18.40
Borrower/Recipient	4.90

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**	31.80

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

No data available.

Detailed Financial Activity as of April 30, 2025

No data available.

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Summary Global Objective Rating	Moderately Satisfactory	2011-12-20
Procurement	Satisfactory	2011-12-20
Overall Implementation Progress (IP)	Moderately Satisfactory	2011-12-20
Financial Management	Satisfactory	2011-12-20
Monitoring and Evaluation	Satisfactory	2011-12-20
Counterpart Funding	Satisfactory	2011-12-20
Project Management	Satisfactory	2011-12-20

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 06-29-2012
Outcomes	Moderately Satisfactory
Risk to Development Outcome	Substantial
Bank Performance	Moderately Unsatisfactory
Borrower Performance	Moderately Satisfactory
Government Performance	Substantial
Implementing Agency	Moderately Satisfactory

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 06-27-2014	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Significant	N/a
Bank Performance	Moderately Satisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

INTERMEDIATE RESULTS INDICATORS

INDICATOR		BASELINE	CURRENT	TARGET

Reduction of greenhouse gas emissions as a result of energy efficiency investments within the project	Value	Zero (no investment made)	101,475 tons CO2 per year and 710,331 tons CO2 ove	127,284 tons CO2 per year and 636,422 tons CO2 ove
	Date	October 5, 2004	December 8, 2011	September 30, 2011
	Comment

Energy savings Value Zero Quantified energy savings of 31 ktoe/year, expecte Quantified energy savings of at least 10 ktoe/year
Date October 5, 2004 December 8, 2011 September 30, 2011
Comment

Number of demonstration investments generated and/or reaching financial closure	Value	Zero	116 projects have been approved for a subsidy from	At least 125 projects
	Date	October 5, 2004	December 8, 2011	September 30, 2011
	Comment

Number of operational ESCOs Value No operational ESCO in Tunisia Ten ESCOs were created, well above target, of whic Three ESCOs are operational
Date October 5, 2004 December 8, 2011 September 30, 2011
Comment

Number of companies having ESCO-mediated projects	Value	Zero	30 contracts signed with industrial companies	At least 30 companies with ESCO-mediated projects
	Date	October 5, 2004	December 8, 2011	September 30, 2011
	Comment

Percentage of the guarantee fund committed Value 0% 100% At least 90% has been committed
Date October 5, 2004 December 8, 2011 September 30, 2011
Comment

Percentage of energy efficiency in the industrial sector using the Partial Guarantee facility	Value	0%	36% (29 signed ESCOs contracts/81 CP approved with	At least 20% of energy efficiency projects in the
	Date	October 5, 2004	December 8, 2011	September 30, 2011
	Comment

At least two Technical Centers having a monitoring and verification procedure for energy efficiency investments	Value	Zero	The technical center for construction materials, c	At least two technical centers develop a monitorin
	Date	October 5, 2004	December 8, 2011	September 30, 2011
	Comment

Level of lending to ESCOs and industry by commercial banks as compared to all energy efficiency investment under the project exceeds 5%.	Value	Zero (no operational ESCO in Tunisia)	42%	Superior to 5% of all energy efficiency investment
	Date	October 5, 2004	December 8, 2011	September 30, 2011
	Comment

Establishment of a sustainable energy efficiency (EE) market for Tunisian Industry	Value	The market for EE technologies is largely underdev	An average of over 78 projects approved per year.	A sustainable EE market is established
	Date	October 5, 2004	December 8, 2011	September 30, 2011
	Comment

Increased gross investment in energy efficiency in Tunisian industry	Value	No significant investment so far. Market estimated	Investment in energy efficiency reached TND 82.2 m	US$ 25 million (about TND 32.5 mln) equivalent is
	Date	October 5, 2004	December 8, 2011	September 30, 2011
	Comment