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Montenegro Energy Efficiency Additional Financing

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

  • P145399

  • Closed

  • Jari Vayrynen

  • N/A

  • Montenegro

  • October 16, 2013

  • (as of board presentation)

    December 23, 2013

  • N/A

  • US$ 6.80 million

  • B

  • Not Applicable

  • March 30, 2018

  • Yes

  • BANK APPROVED

  • P107992

  • October 2, 2023

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 6.80

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 6.80
IDA Commitment N/A
IBRD + IDA Commitment 6.80
Lending Instrument
Grant Amount N/A
Total Project Cost** 6.80

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

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

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

PROJECT DEVELOPMENT OBJECTIVE INDICATORS

INDICATORBASELINECURRENTTARGET
  • Quantified Energy Savings in targeted buildingsValueBaseline for period 2007-2010 for 2 schools and 1 General Hospital Bijelo Polje -Thermal Energy consEnergy savings identified by energy auditors.
    DateMay 20, 2013March 31, 2014
    CommentTME after with detailed measurements will be carried out for the majority of completed objects during the 2012-2013 heating seasonand for the remaining objects during the 2013-2014 heating season.
  • Increased end user satisfaction in targeted buildings as a result of energy efficiency improvements in the targeted buildings.ValueSocial surveys for schools and hospitals will be cSocial surveys were finalized in May 2013; they weSurveys completed and findings provided.
    DateFebruary 24, 2009May 20, 2013March 31, 2014
    CommentKey findings of the completed social monitoring and evaluation study include the following: (i) increase in number of end usersthat feel more comfortable in terms of temperature, light and quality of air in public buildings under the project; (ii) increasein number of users that are aware of the works done in the public buildings; (iii) increase in number of students who apply energysavingmeasures at home; (iv) increase in number of staff in the public buildings who use energy saving tips in the work place; (v)increase in number of staff in the public buildings who use energy saving at their homes.

INTERMEDIATE RESULTS INDICATORS

INDICATORBASELINECURRENTTARGET
  • Number of buildings retrofitted with energy efficiency improvement schemes.Value013Estimated at 15.
    DateMay 20, 2013March 31, 2014
    CommentWorks under way in remaining two objects.