| Financier | Commitments |
|---|---|
| Green Climate Fund | 11.30 |
Vietnam Scaling Up Energy Efficiency Project
Abstract*
The development objective of Vietnam Scaling Up Energy Efficiency Project is to improve energy efficiency in Vietnam's industrial sector. This project has two components. 1) The first component, Risk Sharing Facility (RSF), supports the establishment of the RSF, which will provide partial credit guarantees (RSF Guarantees) to participating financial institutions (PFIs) to cover potential defaults on loans (PFI Loans) provided by PFIs to industrial... Show More
Development Objective
The Project Development Objective is to improve energy efficiency in Vietnam's industrial sector.
Key Details
Project Details
P164938
Active
Thi Chu , Prajakta Chitre
SOCIALIST REPUBLIC OF VIETNAM
August 31, 2017
(as of board presentation)
June 27, 2019
February 25, 2022
US$ 262.30 million
Department of Energy Efficiency and Sustainable Development , Ministry of Industry and Trade
2019
US$ 11.30 million
F
February 27, 2024
January 31, 2026
No
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 | 11.30 |
| Total Project Cost** | 262.30 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Project Management | Satisfactory | 2024-09-19 |
| Overall Safeguards Rating | Satisfactory | 2024-09-19 |
| Financial Management | Satisfactory | 2024-09-19 |
| Monitoring and Evaluation | Satisfactory | 2024-09-19 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2024-09-19 |
| Procurement | Satisfactory | 2024-09-19 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2024-09-19 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Projected energy or fuel savings Value 0.00 0.00 577000000000.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Projected lifetime fuel savings Value 0.00 0.00 398000000000.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Projected electricity generation savings Value 0.00 0.00 179000000000.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Net greenhouse gas emissions Value 0.00 0.00 6900000.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of PFIs providing RSF guaranteed loan Value 0.00 0.00 5.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Number of PFI loan officers trained Value 0.00 25.00 50.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Commercial financing mobilized Value 0.00 0.00 251000000.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Number of IEs/ESCOs participating in workshops/trainings Value 0.00 150.00 200.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Number of IEs certified for ISO 50001/EMS Value 45.00 45.00 90.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Commercial financing mobilized from PFIs Value 0.00 0.00 201000000.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Number of bankable energy efficiency projects developed Value 0.00 0.00 100.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Number of training courses offered to women-owned/led SMEs to become clean energy entrepreneurs with the capacity to deliver energyefficiency-related goods and services Value 0.00 0.00 5.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment Number of IEs adopting improved energy efficiency technologies Value 0.00 0.00 75.00 Date May 31, 2019 February 27, 2024 January 31, 2026 Comment