The National Green Investment Scheme (NGIS) in Bulgaria financed 77 public building energy efficiency projects across 29 municipalities, reducing greenhouse gas emissions by 443,844 tons of CO2 equivalents over the projects' lifetimes. The projects generated economic benefits through $4 million in lifetime energy savings. Socially, project savings were reinvested in communities and created around 845 local jobs. By promoting environmental protection, economic impacts, and social benefits, NGIS achieved positive change beyond its core goals of emissions reductions and energy efficiency.

1. ENERGY EFFICIENCY FOR
SUSTAINABLE DEVELOPMENT–
BEYONDTANGIBLE EFFECTS
The Bulgarian National Green Investment Scheme
Implemented through the NationalTrust EcoFund
Workshop of MOEW Bulgaria & BMUB Germany
11.02.2015

2. CONTENT
•National Green Investment Scheme (NGIS)
•NTEF – managing authority
•Implemented public projects
•Evaluation of greening effects
•NGIS Results – environmental, economic, social

3. NATIONAL GREEN INVESTMENT SCHEME
• NGIS – the result of twoTrade Agreements of Assigned
Amount Units (AAU) between the Republic of Bulgaria and the
Republic of Austria - October 2011 and April 2012
• Conditions to the deal – reduction of greenhouse gas
emissions and improving the quality of environment
• International Partner - KPC – representing the Austrian
Government
• Projects promote European and national objectives on climate
change

4. NATIONAL GREEN INVESTMENT SCHEME
• NGIS aims at reducing the GHG emissions and improve the quality if the
environment, including the quality if air, waters and soil;
• The projects are prioritized and financed by a “Greening” criteria –
investment value to amount of emissions
• The investment payback period is 5 years

5. NATIONALTRUST ECOFUND
NTEF – the implementing operator of NGIS
Institution with heritage :
• The “Debt-for-Environment“ Swap Agreement between the
Governments of Switzerland and Bulgaria funded 100 projects at the
amount of 24 Mill BGN
• Environmental Remediation Pilot Project – Pirdop – specific role of NTEF
– financial management and coordination of the stakeholders interest
• Protected Areas Fund – established as a revolving fund for the purposes
of nature conservation

6. PUBLIC PROJECTS FOR ENERGY EFFICIENCY
• 77 buildings in 29
municipalities in Bulgaria.
• Total value of the projects
- 27 Mill BGN;
• Subsidy of NGIS – 23 Mill
BGN

7. PUBLIC PROJECTS FOR ENERGY EFFICIENCY
• Kindergarten – 28;
• Schools – 30;
• Community cultural centers – 6;
• Universities – 2;
• Administrative buildings– 3;
• Sports halls -2;
• Theater – 1
• Medical Centers - 5

8. PUBLIC PROJECTS FOR ENERGY EFFICIENCY
Types of measures:
• Windows replacement;
• Walls insulations;
• Floor insulations;
• Ceiling insulations;
• Heating systems and gasification;
• Effective lightening;
• Energy consumption management and control
tools;
• Renewable energy sources – solar panels.

9. ANALYTICAL FRAMEWORK
• Research framework – adapted an International Energy Agency* approach
towards understanding the benefits of energy efficiency on individual,
sectorial, national and international level;
• Energy efficiency – environmental, economic, social and individual effects;
• Information sources –
project documentation (energy audits and investment projects,
contractors’ offers and NTEf reports);
survey among the beneficiaries
* Ryan, Lisa and Nina Campbell. 2012. Spreading the net: The multiple benefits of energy efficiency improvements. OECD/ IEA. International Energy Agency

10. REDUCED GREENHOUSE GAS EMISSIONS
• Reduction of total 443 844 t/CO2 eq. for the projects lifetime
due to decrease of energy consumption
• This amount equals:
The amount of emitted gases from an average car for the distance of
1 542 856 964 km;
The emissions from the annual electricity consumption of 55 385
households;
10 324 320 tree seedlings grown for 10 years.

11. ECONOMIC EFFECTS
• Reduced energy consumption leads to financial savings in public
buildings
• According to energy audits – total of around BGN 4 mill for projects
lifetime
• Some reported savings for just 1 heating season:
The dormitories ofTodor Kableshkov University ofTransport – BGN
29 458;
TsankoTserkovski High School, PolskiTrambesh – BGN 28 401
Edelvays and Zvanche Kindergartens, Etropole – BGN 17 997 and
BGN 17 474 respectively.

12. REBOUND EFFECT
• Rebound effect – increase of energy consumption due to decreased cost
• Based on the data collected, NO rebound effect observed
Average monthly electricity consumption for the period September 2012 - November 2014
Municipality Etropole Veliko Tarnovo Burgas
Building
Todor Peev Cultural
Community Center
Slanchitse Kindergarten Slantse Kindergarten Iglika Kindergarten № 5
Ran Bosilek
Kindergarten № 6
kWh cost in BGN kWh cost in BGN kWh cost in BGN kWh cost in BGN kWh cost in BGN
Before 4,800 1,068 2,297 545 2,399 625 6,558 1,607 5,372 1,397
After 2,836 677 2,079 468 1,634 398 6,246 1,434 4,573 1,165
Difference 1,964 391 217 77 765 227 312 173 800 232

13. SOCIAL RESULTS – BEYONDTABGIBLE EFFECTS
(1)
• Investment of savings:
Thracian University, Stara Zagora – renovating and equipping auditoriums, improving
the accessibility for disabled people, developing new investment projects;
Detelina Kindergarten, Orizovo village – organized new class and are preparing the
opening of a dance class;
Vasil Levski Primary School, Petko Karavelovo village – installation of security system;
Hospitals in Momchilgrad and Belene – increasing the number of hospital beds or
opening a hospice, purchase of new equipment;
Zvezditsa-Zornitsa Kindergarten, Burgas – purchase of energy efficient kitchen
equipment;

14. SOCIAL EFFECTS – BEYONDTANGIBLE RESULTS
(2)
• Created employment:
In execution of construction work only – around 845 workers.
They brought back to Bulgarian families – BGN 5 300 000.
• Attitude towards environmental protection
Ecological education – presentations and classes on preserving the
environment;
Public outreach – local media coverage and public awareness;

15. NGIS - BEYONDTANGIBLE RESULTS
• Environmental protection
• Economic implications
• Social benefits
- Socially responsible investment
- Employment
- Public awareness
• NGIS promotes positive change beyond its clearly defined goals

16. WHAT FOLLOWS NEXT?
1. Collecting of statistical data from projects on energy efficiency
2. Cooperation with international partners in developing models for
evaluation and analysis
3. Providing adequate and objective information to the broader public

17. Thank you!
NationalTrust EcoFund
www.ecofund-bg.org
ecofund@ecofund-bg.org
+359 2 973 36 37