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Kosovo Energy Efficiency and Renewable Energy Project

Abstract*

The Energy Efficiency and Renewable Energy Project for Kosovo includes objectives to: (i) reduce energy consumption and fossil fuel use in public buildings through energy efficiency and renewable energy investments; and (ii) enhance the policy and regulatory environment for renewable energy and energy efficiency. This project consists of three components will be implemented. These include: (i) EE and RE Investments in Public Buildings; (ii) Policy...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The project development objectives are to: (i) reduce energy consumption and fossil fuel use in public buildings through energy efficiency and renewable energy investments; and (ii) enhance the policy and regulatory environment for renewable energy and energy efficiency.

Key Details

Project Details

  • P143055

  • Closed

  • Rhedon Begolli , Aditya Lukas

  • Republic of Kosovo

  • Kosovo

  • July 16, 2013

  • (as of board presentation)

    June 18, 2014

  • June 5, 2015

  • US$ 32.50 million

  • Ministry of Economy,Kosovo Energy Efficiency Fund

  • Europe and Central Asia

  • 2014

  • US$ 31.00 million

  • B

  • Not Applicable

  • June 30, 2024

  • Yes

  • BANK APPROVED

  • April 26, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 31.00
Borrower/Recipient 1.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 31.00
IBRD + IDA Commitment 31.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 32.50

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

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Oct 15, 2023 IDA-55080 Loan Repay 11,364.43
Apr 3, 2024 IDA-55080 Loan Disb 477,257.80
Jun 25, 2024 IDA-55080 Loan Disb 844,925.94
Jun 18, 2014 IDA-55080 Loan Commitment 31,000,000.00
Apr 15, 2023 IDA-55080 Int Charges 60,291.26
Apr 15, 2023 IDA-55080 Int Charges 60,291.26
Apr 15, 2023 IDA-55080 Int Charges 100,485.42
Apr 15, 2023 IDA-55080 Int Charges 8,225.68
Apr 15, 2023 IDA-55080 Loan Repay 449,249.78
Dec 29, 2023 IDA-55080 Loan Disb 720,313.30
Oct 15, 2023 IDA-55080 Int Charges 63,183.05
Oct 15, 2023 IDA-55080 Int Charges 63,183.05
Oct 15, 2023 IDA-55080 Int Charges 92,297.16
Oct 15, 2023 IDA-55080 Loan Repay 423,070.53
May 22, 2023 IDA-55080 Loan Disb 1,965,350.90
Nov 20, 2023 IDA-55080 Loan Disb 1,285,418.80
Apr 15, 2024 IDA-55080 Int Charges 13,071.96
Apr 15, 2024 IDA-55080 Loan Repay 436,574.12
Apr 15, 2024 IDA-55080 Int Charges 68,867.17
Apr 15, 2024 IDA-55080 Int Charges 68,867.17
Apr 15, 2024 IDA-55080 Int Charges 112,882.95
Apr 15, 2022 IDA-55080 Int Charges 3,513.36
Apr 15, 2022 IDA-55080 Loan Repay 453,166.56
Apr 15, 2022 IDA-55080 Int Charges 59,576.63
Apr 15, 2022 IDA-55080 Int Charges 59,576.63
Apr 15, 2022 IDA-55080 Int Charges 84,941.29
Dec 28, 2021 IDA-55080 Loan Disb 2,187,290.00
Dec 21, 2022 IDA-55080 Loan Disb 571,104.94
Oct 15, 2022 IDA-55080 Int Charges 13,408.75
Oct 15, 2022 IDA-55080 Loan Repay 423,351.22
Oct 15, 2022 IDA-55080 Int Charges 87,420.63
Oct 15, 2022 IDA-55080 Int Charges 57,103.28
Oct 15, 2022 IDA-55080 Int Charges 57,103.28
Oct 15, 2017 IDA-55080 Int Charges 5,221.51
Nov 10, 2017 IDA-55080 Loan Disb 123,601.85
Oct 11, 2017 IDA-55080 Loan Disb 404,661.20
Aug 16, 2017 IDA-55080 Loan Disb 271,428.38
Apr 5, 2018 IDA-55080 Loan Disb 307,125.16
Apr 15, 2018 IDA-55080 Int Charges 1,477.24
Apr 15, 2018 IDA-55080 Int Charges 14,336.73
Apr 15, 2018 IDA-55080 Int Charges 14,336.73
Nov 10, 2015 IDA-55080 Loan Disb 22,141.56
Feb 12, 2016 IDA-55080 Loan Disb 85,598.26
Apr 15, 2016 IDA-55080 Int Charges 185.19
Apr 15, 2016 IDA-55080 Int Charges 185.19
Apr 15, 2016 IDA-55080 Int Charges 308.61
Oct 15, 2016 IDA-55080 Int Charges 564.82
Oct 15, 2016 IDA-55080 Int Charges 564.82
Oct 15, 2016 IDA-55080 Int Charges 489.82
Oct 15, 2016 IDA-55080 Int Charges 3.81
Oct 15, 2016 IDA-55080 Int Charges 3.81
Dec 21, 2016 IDA-55080 Loan Disb 226,892.97
Dec 28, 2016 IDA-55080 Loan Disb 198,575.98
Dec 3, 2020 IDA-55080 Loan Disb 1,210,251.40
Dec 3, 2020 IDA-55080 Loan Disb 813,089.25
Apr 15, 2021 IDA-55080 Int Charges 5,451.39
Apr 15, 2021 IDA-55080 Loan Repay 473,795.20
Apr 15, 2021 IDA-55080 Int Charges 55,954.65
Apr 15, 2021 IDA-55080 Int Charges 55,954.65
Apr 15, 2021 IDA-55080 Int Charges 88,470.98
Apr 15, 2021 IDA-55080 Int Charges -0.01
Apr 15, 2021 IDA-55080 Loan Repay 0.01
Oct 15, 2021 IDA-55080 Int Charges 58,396.91
Oct 15, 2021 IDA-55080 Int Charges 58,396.91
Oct 15, 2021 IDA-55080 Int Charges 93,697.85
Oct 15, 2021 IDA-55080 Int Charges 4,730.73
Oct 15, 2021 IDA-55080 Loan Repay 468,250.00
Dec 31, 2019 IDA-55080 Loan Disb 373,584.78
Apr 15, 2020 IDA-55080 Int Charges 72,898.78
Apr 15, 2020 IDA-55080 Int Charges 6,744.51
Apr 15, 2020 IDA-55080 Loan Repay 453,236.22
Apr 15, 2020 IDA-55080 Int Charges 43,739.26
Apr 15, 2020 IDA-55080 Int Charges 43,739.26
May 15, 2020 IDA-55080 Loan Disb 899,455.90
Oct 15, 2020 IDA-55080 Loan Repay 463,690.47
Oct 15, 2020 IDA-55080 Int Charges 47,848.21
Oct 15, 2020 IDA-55080 Int Charges 47,848.21
Oct 15, 2020 IDA-55080 Int Charges 74,360.86
Oct 15, 2020 IDA-55080 Loan Repay 4,440.15
Dec 29, 2020 IDA-55080 Loan Disb 1,223,207.10
Feb 16, 2021 IDA-55080 Loan Disb 412,319.06
Dec 28, 2018 IDA-55080 Loan Disb 495,154.10
Dec 28, 2018 IDA-55080 Loan Disb 545,932.80
Nov 14, 2018 IDA-55080 Loan Disb 971,314.30
Oct 15, 2018 IDA-55080 Int Charges 21,731.94
Oct 15, 2018 IDA-55080 Int Charges 21,731.94
Oct 15, 2018 IDA-55080 Int Charges 36,152.73
Dec 28, 2018 IDA-55080 Loan Disb 389,972.03
Oct 15, 2018 IDA-55080 Int Charges 585.34
Oct 24, 2018 IDA-55080 Loan Disb 205,846.47
Dec 5, 2018 IDA-55080 Loan Disb 517,354.56
Apr 29, 2019 IDA-55080 Loan Disb 501,268.16
Apr 15, 2019 IDA-55080 Int Charges 66.81
Apr 15, 2019 IDA-55080 Int Charges 34,937.18
Apr 15, 2019 IDA-55080 Int Charges 34,937.18
Apr 15, 2019 IDA-55080 Int Charges 58,228.65
Oct 15, 2019 IDA-55080 Int Charges 61,109.01
Oct 15, 2019 IDA-55080 Loan Repay 51.95
Oct 15, 2019 IDA-55080 Loan Repay 454,550.66
Oct 15, 2019 IDA-55080 Int Charges 40,724.32
Oct 15, 2019 IDA-55080 Int Charges 40,724.32
Sep 5, 2019 IDA-55080 Loan Disb 169,298.73
Sep 13, 2019 IDA-55080 Loan Disb 517,403.72
Dec 23, 2019 IDA-55080 Loan Disb 516,344.03
Nov 22, 2019 IDA-55080 Loan Disb 205,544.94
Apr 15, 2018 IDA-55080 Int Charges 23,285.47
Apr 5, 2018 IDA-55080 Loan Disb 137,974.58
Dec 8, 2017 IDA-55080 Loan Disb 575,401.60
Dec 22, 2017 IDA-55080 Loan Disb 253,826.52
Dec 22, 2017 IDA-55080 Loan Disb 216,175.16
Dec 22, 2017 IDA-55080 Loan Disb 416,167.97
Dec 28, 2017 IDA-55080 Loan Disb 205,701.31
Jul 6, 2018 IDA-55080 Loan Disb 383,020.94
Jul 6, 2018 IDA-55080 Loan Disb 211,866.70
May 3, 2018 IDA-55080 Loan Disb 126,436.85
May 3, 2018 IDA-55080 Loan Disb 127,769.90
Jul 24, 2018 IDA-55080 Loan Disb 441,833.66
May 30, 2018 IDA-55080 Loan Disb 390,719.72
Sep 7, 2018 IDA-55080 Loan Disb 415,982.50
Dec 18, 2018 IDA-55080 Loan Disb 433,875.00
Jan 4, 2019 IDA-55080 Loan Disb 133,966.62
Sep 22, 2016 IDA-55080 Loan Disb 244,956.77
Oct 4, 2016 IDA-55080 Loan Disb 243,626.77
Apr 15, 2017 IDA-55080 Int Charges 451.15
Apr 15, 2017 IDA-55080 Int Charges 3,170.57
Apr 15, 2017 IDA-55080 Int Charges 3,170.57
Apr 15, 2017 IDA-55080 Int Charges 5,282.71
May 31, 2017 IDA-55080 Loan Disb 101,273.57
Oct 15, 2017 IDA-55080 Int Charges 7,265.52
May 19, 2017 IDA-55080 Loan Disb 139,666.47
Sep 29, 2017 IDA-55080 Loan Disb 523,532.75
Oct 15, 2017 IDA-55080 Int Charges 1.64
Oct 15, 2017 IDA-55080 Int Charges 5,221.51

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Counterpart Funding Satisfactory 2024-02-01
Monitoring and Evaluation Satisfactory 2024-02-01
Progress towards achievement of PDO Satisfactory 2024-02-01
Procurement Satisfactory 2024-02-01
Project Management Satisfactory 2024-02-01
Financial Management Satisfactory 2024-02-01
Overall Implementation Progress (IP) Moderately Satisfactory 2024-02-01

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 03-25-2025
Outcomes
Risk to Development Outcome
Bank Performance
Borrower Performance
Government Performance
Implementing Agency

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Projected lifetime energy savingsValue0.001140504.07900.00
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • Capacity of approved RE regulatory licensesValue35.80259.00250.00
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • Reduced fossil fuel use for heating in public buildings (toe)Value0.002881.262500.00
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • CO2 emission reductions in retrofitted public facilitiesValue0.0042566.0030000.00
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • Enhanced policy/ regulatory mechanisms developed/adopted to scale-up REValueNoThe project has completed: (i) a barrier analysis
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • Percentage of operating costs covered by KEEF revenuesValue0.000.0050.00
    DateOctober 1, 2019January 23, 2024December 31, 2022
    Comment
  • Amount of installed energy capacity for RE systems for heating under projectValue0.0019.057.50
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • Development of suitable EE financing mechanism for the municipal sectorValueNoNew financing mechanism operationalized
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • KEEF defaultsValue0.001.243.00
    DateOctober 1, 2019January 29, 2024December 31, 2021
    Comment
  • Annual energy costs savings (million)Value0.004.704.50
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • Number of people trainedValue0.00306.00300.00
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • Direct project beneficiariesValue0.0076301.0030000.00
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • Female beneficiariesValue0.0045.0033.00
    DateJuly 1, 2014April 20, 2018
    Comment
  • Number of subprojects commissioned in public facilitiesValue0.00169.000.00
    DateJuly 1, 2014January 19, 2024December 31, 2022
    Comment
  • Percentage of beneficiaries satisfied with the Project’s responsiveness to their needs (Percentage)Value0.0095.0080.00
    DateOctober 1, 2019January 19, 2024December 31, 2022
    Comment
  • Number of women that participate in technical trainings organized by the Project on energy audits, technical designs, and construction supervisionValue0.0020.0020.00
    DateOctober 1, 2019January 19, 2024December 31, 2022
    Comment
  • Percentage of female staff hired under service contracts the Project who are key staffValue0.0013.0010.00
    DateOctober 1, 2019January 19, 2024December 31, 2022
    Comment