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Results Briefs September 12, 2008

Improving Energy Efficiency in Montenegro for Health and Education Services: $9 Million in IBRD Financing

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Results from World Bank Treasury

  • Purpose: Improve energy efficiency in buildings used for health and education services.
  • IBRD Financing: US$ 9 million
  • Project Term: 2008 – 2012. Project ID: P107992.

Montenegro imports about one-third of its power to feed its fast growing energy demands and to make-up for diminishing power production due to old structures and limited investments. The government of Montenegro recognizes that additional capacity and greater energy efficiency is badly needed to meet the growing energy demand. Additionally, when national governments make energy efficiency investments in the public sector, local governments become more willing to implement their own energy efficiency programs. 

The Montenegro Energy Efficiency Project is designed to improve energy efficiency performance in public sector buildings, such as schools and clinics. The investments finance energy efficiency measures, such as retrofitting to improve heating systems and insulation as well as related heating substations and transmission networks. The project demonstrates practical solutions for efficiency upgrades within the public sector. The project also complements the activities of other donors, such as the governments of Norway and Italy, KfW, GTZ, European Commission, and UNDP, while providing financing for energy efficiency improvements in a sector that has difficulty securing such financing.