| Financier | Commitments |
|---|---|
| Trust Funds | 2.32 |
North Macedonia Public Sector Energy Efficiency Project - Additional Financing
Abstract*
The project will support the renovation of public buildings (central and municipal) through the provision of an IBRD loan through a project implementation unit under the Ministry of Finance. In parallel, TA will be provided to help design and operationalize an Energy Efficiency Fund (EE Fund) to provide financing on a more sustainable basis. The project will also provide the initial capital of €5 million for the proposed EE Fund. The funds would be... Show More
Development Objective
The Project Development Objectives are to: (i) reduce energy consumption in the public sector; and (ii) support the development and implementation of a sustainable financing mechanism for energy efficiency in the public sector.
Key Details
Project Details
P181605
Pipeline
Manuel Millan Sanchez , Rhedon Begolli
North Macedonia
February 21, 2025
(as of board presentation)
March 12, 2025
N/A
US$ 2.38 million
Ministry of Finance,Development Bank of North Macedonia
2025
US$ 2.32 million
N/A
N/A
September 30, 2025
Yes
BEGIN NEGOTIATION
June 10, 2024
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 | 2.32 |
| Total Project Cost** | 2.38 |
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.
Results Framework
No data available.