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Sustainable Transition through Energy Efficiency in Moldova Project (STEEM)

Abstract*

The Project will support interventions under the following components: Component 1 – EE investments in public buildings: (a) Sub-component 1.1. EE renovation in education buildings. This sub-component will finance the retrofit of public buildings focusing on educational facilities, which will include: (i) standard energy efficient retrofit measures, such as thermal insulating of wall and roof, replacing windows and doors, renovation of internal...

* 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

To enhance energy efficiency in existing public buildings and the district heating sector in Moldova and provide immediate and effective response to an eligible crisis or emergency.

Key Details

Project Details

  • P500560

  • Active

  • Steven Clarke , Roger Coma Cunill, Silvia Martinez Romero

  • Republic of Moldova

  • Moldova

  • August 24, 2023

  • (as of board presentation)

    June 25, 2024

  • March 5, 2025

  • US$ 0.00 million

  • Moldova Project Implementation Unit (MPIU),Ministry of Energy

  • Europe and Central Asia

  • 2024

  • US$ 54.50 million

  • N/A

  • N/A

  • June 30, 2029

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 50.00
Moldova Growth, Resilience and Opportunities for Well-Being 4.50

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 50.00
IDA Commitment N/A
IBRD + IDA Commitment 50.00
Lending Instrument
Grant Amount 4.50
Total Project Cost** N/A

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

Download:
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$)
Jun 25, 2024 IBRD-96960 Loan Commitment 50,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Satisfactory 2025-03-25
Progress towards achievement of PDO Satisfactory 2025-03-25
Monitoring and Evaluation Satisfactory 2025-03-25
Procurement Moderately Satisfactory 2025-03-25
Project Management Moderately Satisfactory 2025-03-25
Financial Management Moderately Satisfactory 2025-03-25

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.