S3 ebrd green cities

1. June 2017
EBRD
Green Cities
Framework

2. Environmental Challenges
@EBRD #EBRDgreen #GreenCities 230 August, 2017

3. Environmental Challenges
@EBRD #EBRDgreen #GreenCities 330 August, 2017

4. 360
Projects since 1994
€ 6.4 billion
Invested in municipal &
environmental infrastructure
€ 7 billion
Of co-financing and
grants mobilised
EBRD Municipal Experience
23.4
84
98
225
185
168.4
228 229
500
217
154
298 307
318
279
480 486
596
554 556
726
713
664
0.0
1000.0
2000.0
3000.0
4000.0
5000.0
6000.0
7000.0
0
100
200
300
400
500
600
700
800
NetCumulativeBusinessInvestment,€million
AnnualBusinessInvestment,€million
Annual Business Investment
Net Cumulative Business Investment
@EBRD #EBRDgreen #GreenCities 430 August, 2017

5. Green Economy Transition (GET)
40%
Green finance in EBRD
annual business by 2020,
from a 2015 level of 30%
€ 4 billion
Target annual EBRD
green business by 2020
€ 22 billion
Target cumulative EBRD
green business 2006-
2016
@EBRD #EBRDgreen #GreenCities 530 August, 2017

6. EBRD Green Cities Framework
Delivery of strategy and policy
support (GCAP)
Facilitating and stimulating
green City infrastructure
investments
Building capacity of city
administrations and key
stakeholders
A systematic approach to address urban
environmental performance and barriers
through:
@EBRD #EBRDgreen #GreenCities 630 August, 2017

7. Green Cities Framework– key definitions
A Green City is a city which shows high environmental performance relative to
established benchmarks in terms of:
• quality of environmental assets (air, water, land/soil and biodiversity),
• efficient use of resources (water, energy, land and materials) and
• mitigating and adapting to risks deriving from climate change,
while maximising the economic and social co-benefits .
@EBRD #EBRDgreen #GreenCities 730 August, 2017

8. Eligibility Criteria
INFRASTRUCTURE INVESTMENTS
Framework focus on sectors:
• Solid Waste
• Water & Wastewater
• Urban Transport
• District Heating
• Public Building Energy Efficiency
CITIES OF ≥ 100,000
Across EBRD’s COOs Cities with
smaller population sizes can be
considered on a case-by-case basis
considering the needs of the cities
MUST CONDUCT GCAP
To initiate the Framework, in
conjunction with a ‘trigger’ project
in one of the Framework’s
sectors
@EBRD #EBRDgreen #GreenCities 830 August, 2017

9. Innovative Approach
Linking strategic planning to investment
• Institutional expertise in
municipal investment
• Targeted investment
planning unique
amongst MDBs
• Systematic approach to
investment planning
• Comprehensive
municipal environmental
planning is regionally
novel
@EBRD #EBRDgreen #GreenCities 930 August, 2017

10. Framework Components
Green City Infrastructure
Investments
Green City Action Plans &
Policy Dialogue
Technical Assistance &
Capacity Building
@EBRD #EBRDgreen #GreenCities 1030 August, 2017

11. Green Cities Process
TRIGGER
INVESTMENT
GCAP
PRIORITY
INVESTMENT
Example
PRIORITY
INVESTMENT
PRIORITY
INVESTMENT
Tbilisi Buses Tbilisi GCAP Tbilisi Follow Up
@EBRD #EBRDgreen #GreenCities 1130 August, 2017

12. GCAPs & Policy Dialogue
14
I.
Green City
Baseline
II.
Green City
Action Plan
IV.
Green City
Reporting
III.
Green City
Implementatio
n
priority environmental
challenges identified
GCAP complete
indicative investments
identified
All cities draft a
Green City Action Plan
(GCAP)
accompanied by
Policy Dialogue
Examples:
o improved tariff structure
o environmental
considerations in public
procurement
o energy efficiency
regulations in public
buildings
@EBRD #EBRDgreen #GreenCities 1230 August, 2017

13. Tirana GCAP Kick Off (Albania)
@EBRD #EBRDgreen #GreenCities 1330 August, 2017

14. Green City Infrastructure Investments
Central
Government
Municipality
Private
Company
Utility Company
Quasi corporate
utility loans
Loans to PPP/
private
companies
Sovereign-
backed loans
Municipal loans or utility
loans guaranteed by
municipality
Investment Size
€ 2 million to € 150 million
Financing Options
@EBRD #EBRDgreen #GreenCities 1430 August, 2017

15. GrCF – Tbilisi Bus
EBRD Finance
The loan and grant financed 143 modern low
floor CNG buses - now up and running on the
streets of Tbilisi. The project included:
• GCAP preparation
• bus route restructuring study
• preparation of technical specifications
• gender advisory services
• corporate development governance
Supported by an E5P grant of € 7 million
GHG Reduced
€ 27 million
2,000
ton CO2 eq / yr
@EBRD #EBRDgreen #GreenCities 1530 August, 2017

16. GrCF – Chisinau Public Buildings
EBRD Finance
Supporting the City of Chisinau in the
renovation of up to 120 buildings, covering
kindergartens, schools and hospitals.
• GCAP covenanted
• Utilising Energy Performance Contracts
where savings will offset costs
• 2nd public buildings investment for EBRD
Supported by an E5P grant of € 5 million &
EIB co-financing of € 10 million
GHG Reduced
€ 10 million
4,000
ton CO2 eq / yr
@EBRD #EBRDgreen #GreenCities 1630 August, 2017

17. Adana Hospital PPP
EBRD Finance
Supporting the design, construction, equipping,
financing, and maintenance of an integrated
health campus in Adana.
• Energy and water efficiency opportunities
assessment and cost-benefit analysis
• Advanced technologies adopted to improve
energy and water efficiency
• Part of the € 12 billion Turkey Hospital PPP
programme to build and expand 60 hospitals
under PPP arrangements
Supported by syndicated finance of € 125 million,
and kfW, IFC and other co-financing of € 218
million
GHG Reduced
€ 95.6million
60,000
ton CO2 eq / yr
@EBRD #EBRDgreen #GreenCities 1730 August, 2017

18. Latvian Baltic Energy Efficiency Facility
(LABEEF)
EBRD Finance
Supporting an innovative solution to help
Latvian energy service companies (ESCOs)
obtain long-term financing for energy
efficiency upgrades
• LABEEF works with ESCOs and provides
them with long-term financing for energy
efficiency improvement
• Energy efficiency improvements combined
with structural repairs and modern features
additions
Supported by Funding For Future (F3) co-
financing of € 1 million
GHG Reduced
€ 4 million
1,300
ton CO2 eq / yr
@EBRD #EBRDgreen #GreenCities 1830 August, 2017

19. Technical Assistance & Capacity Building
• GCAP
• Technical and financial feasibility
• EBRD Environmental & Social
Policy assessment
• Project Implementation Support
• Gender advisory services
• Improve financial and operational
performance / corporate
governance
Technical Assistance Activities
@EBRD #EBRDgreen #GreenCities 1930 August, 2017

20. Green Cities Projects
GrC FRAMEWORK
BOARD APPROVAL
EUR 250m over a
5-year time horizon
The framework was Board
approved in November
2016 and covers all COOs,
but will focus initially on the
Caucasus, Moldova and
the Western Balkans.
Three projects signed to
date – Tbilisi bus, Chisinau
buildings and Sarajevo
water.
Rolling out to SEMED and
Mongolia anticipated in the
next phase.
3 GCAPs Underway
YEREVAN
TBILISI
TIRANA
GCAP Pipeline
BELGRADE
CHISINAU
ULAANBAATAR
SARAJEVO
GYUMRI
BRCKO
@EBRD #EBRDgreen #GreenCities 2030 August, 2017

21. Green Cities outreach
@EBRD #EBRDgreen #GreenCities 2130 August, 2017
International Collaboration

22. Green Cities online
@EBRD #EBRDgreen #GreenCities 2230 August, 2017
Our Green Cities video provides an overview
of the Framework (top left)
Green cities social media campaign
#EBRDcities #EBRDgreen
• aims to raise awareness of the
Framework across #EBRDregions
• We encourage the social media users to
share their photos of how to make their
cities green
• Tirana, Sarajevo, Belgrade,
Ulaanbaatar and Slavutych, Ukraine
(bottom left) most engaged
Endorsed by the municipalities of Belgrade,
Tirana Mayor Erion Veliaj and Ulaanbaatar
Mayor Su Batbold & others

23. Awards
30 August, 2017 23
Green Cities has won two prizes this year:
• Movers and Shakers Policy Award.
• Sustainability Award - first prize in the innovation category