Moldova
 District Heating Efficiency Improvement
   Green Bond Criteria: Mitigation
                                                                         Country Challenge
                                                                         Inefficient energy use in Moldova is leading to higher energy
   Purpose: To improve quality and reliability of heating
   services by improving the operational efficiency and
                                                                         costs for both industries and residents, posing a serious
   viability of a new district heating company.                          bottleneck to growth and competitiveness. Moreover, the
   Expected Results (include):                                           electricity and heat generation infrastructure are obsolete and
   • 96,700 MWh saved annually over 30 year project                      deteriorating. The inefficient and worn-out district heating
     lifetime.                                                           system, as well as disconnections by wealthier consumers,
   • 22,843 tons of CO2 reduced annually over 30 year
     project lifetime.                                                   have led to high heat tariffs for the less well-off in the city of
   • 34% reduction in heating system breakdowns by                       Chisinau. Tariff levels have reached the limit of affordability
     year 5.                                                             for almost all residents and are having a disproportionately
   • 109,000 people with access to more energy
     efficient cooking and heating.                                      high impact on the vulnerable population.
   IBRD Financing: $40.5 Million
                                                                         Project Goals
                                                                         The project supports the restructuring of heating services into
                                                                         a new financially sound company, financing improvements in
                                                                         the heat distribution network to reduce losses and improve
                                                                         service quality. The improvements include replacement of
                                                                         pipes, new pumping stations, and improvements in heat
                                                                         stations.




   ©World Bank



For more information:
http://www.worldbank.org/projects/P132443/district-heating-efficiency-improvement-
project?lang=en&tab=overview                                                                                                                  1