Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) Energy Efficiency (P107992) EUROPE AND CENTRAL ASIA | Montenegro | Energy & Extractives Global Practice | IBRD/IDA | Specific Investment Loan | FY 2009 | Seq No: 16 | ARCHIVED on 03-Oct-2016 | ISR25266 | Implementing Agencies: Ministry of Education and Science, Ministry of Economic Development Key Dates Key Project Dates Bank Approval Date:09-Dec-2008 Effectiveness Date:24-Feb-2009 Planned Mid Term Review Date:19-Mar-2012 Actual Mid-Term Review Date:23-Mar-2012 Original Closing Date:31-Dec-2012 Revised Closing Date:30-Mar-2017 Project Development Objectives Project Development Objective (from Project Appraisal Document) The development objective of the project is to improve energy efficiency performance in targeted public sector buildings (schools and hopsitals) in order to provide demonstrated basis for development of a sustainable energy efficiency improvement program in the public sector in Montenegro. Has the Project Development Objective been changed since Board Approval of the Project Objective? Yes Board Approved Revised Project Development Objective (If project is formally restructured)PHRPDODEL The project development objective is to improve energy efficiency performance in public sector buildings to provide a demonstrated basis to improve energy efficiency implementation practices and capacity in public institutions and energy efficiency service providers in Montenegro. Components Name Component 1- Energy Efficiency Improvement in Public Sector Buildings across Montenegro:(Cost $15.16 M) Component 2-Technical Assistance for Project Implementation:(Cost $1.04 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO  Moderately Satisfactory  Moderately Satisfactory Overall Implementation Progress (IP)  Moderately Satisfactory  Moderately Satisfactory Overall Risk Rating  Low  Low 10/3/2016 Page 1 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) Implementation Status and Key Decisions To date, 20 subprojects have been retrofitted with energy efficiency measures in the education and health sectors. The works on another 5 buildings have started. 10/3/2016 Page 2 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) 10/3/2016 Page 3 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) 10/3/2016 Page 4 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) 10/3/2016 Page 5 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) 10/3/2016 Page 6 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) 10/3/2016 Page 7 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) Risks Systematic Operations Risk-rating Tool 10/3/2016 Page 8 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) Risk Category Rating at Approval Previous Rating Current Rating Political and Governance  --  Moderate  Moderate Macroeconomic  --  Moderate  Moderate Sector Strategies and Policies  --  Low  Low Technical Design of Project or Program  --  Low  Low Institutional Capacity for Implementation and Sustainability  --  Moderate  Moderate Fiduciary  --  Low  Low Environment and Social  --  Low  Low Stakeholders  --  Low  Low Other  --  --  -- Overall  --  Low  Low Results Project Development Objective Indicators PHINDPDOTBL  Quantified Energy Savings in Targeted Buildings (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 46.70 46.70 25.00 Date 24-Feb-2009 21-Mar-2016 23-Sep-2016 30-Mar-2017 PHINDPDOTBL  Increased end user satisfaction in Targeted Buildings (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 42.00 42.00 25.00 Date 24-Feb-2009 21-Mar-2016 23-Sep-2016 30-Mar-2017 PHINDPDOTBL  Energy Efficiency Implementation Practices and Capacity in Public Institutions (Yes/No, Custom) Baseline Actual (Previous) Actual (Current) End Target Value N Y Y Y 10/3/2016 Page 9 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) Date 24-Feb-2009 21-Mar-2016 23-Sep-2016 30-Mar-2017 PHINDPDOTBL  Implementation Practices and Capacity in Energy Efficiency Service Providers (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 10.00 41.00 41.00 50.00 Date 24-Feb-2009 21-Mar-2016 23-Sep-2016 30-Mar-2017 Overall Comments Intermediate Results Indicators PHINDIRITBL  Number of public sector buildings for which project audits have been performed and project documents have been prepared (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 23.00 23.00 27.00 Date 24-Feb-2009 21-Mar-2016 23-Sep-2016 30-Mar-2017 PHINDIRITBL  Number of buildings retrofitted with energy efficiency improvement schemes (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 18.00 20.00 27.00 Date 24-Feb-2009 21-Mar-2016 23-Sep-2016 30-Mar-2017 10/3/2016 Page 10 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) PHINDIRITBL  Lifetime energy savings (Megawatt hour(MWh), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 90000.00 90000.00 150000.00 Date 24-Feb-2009 21-Mar-2016 23-Sep-2016 30-Mar-2017 PHINDIRITBL  Lifetime fuel savings (Mega Joules (MJ), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 370000000.00 370000000.00 590000000.00 Date 24-Feb-2009 21-Mar-2016 23-Sep-2016 30-Mar-2017 PHINDIRITBL  Lifetime Greenhouse Gas Savings (Metric ton, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 36450.00 36450.00 60750.00 Date 24-Feb-2009 21-Mar-2016 23-Sep-2016 30-Mar-2017 Overall Comments Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed Disbursed P107992 IBRD-76370 Closed USD 9.40 8.87 0.53 8.17 0.00 92% P107992 IBRD-83240 Effective USD 6.80 6.80 0.00 3.76 2.37 55% Key Dates (by loan) 10/3/2016 Page 11 of 12 Public Disclosure Copy Public Disclosure Copy The World Bank Implementation Status & Results Report Energy Efficiency (P107992) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P107992 IBRD-76370 Closed 09-Dec-2008 30-Dec-2008 24-Feb-2009 31-Dec-2012 20-Dec-2014 P107992 IBRD-83240 Effective 23-Dec-2013 27-Dec-2013 05-Mar-2014 30-Mar-2017 30-Mar-2017 Cumulative Disbursements Restructuring History Level 2 Approved on ,Level Approved on 13-Jun-2012 ,Level 2 Approved on 28-Feb-2014 Related Project(s) P145399-Montenegro Energy Efficiency Additional Financing 10/3/2016 Page 12 of 12 Public Disclosure Copy