UNDP GEF Energy Efficiency Project Romania

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UNDP - GEF Energy Efficiency Project - Romania

• "Capacity Building for GHG Emission Reduction
  through Energy Efficiency Improvement in Romania"
• Introductory event for Steering Committee members
• Mark Velody
• Wednesday 28th May
• energie_at_undp.ro

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UNDP - GEF Energy Efficiency Project - Romania

• "Capacity Building for GHG Emission Reduction
  through Energy Efficiency Improvement in Romania"
• Introductory event for Steering Committee members
• Mark Velody
• Wednesday 28th May
• energie_at_undp.ro

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UNDP - GEF Energy Efficiency Project - Romania

• 1. Why... this project in Romania?
• 2. What are the concrete goals?
• 3. How will capacity building occur?
• 4. Who are the stakeholders?
• 5. What is the project's history
• 6. What happened since March 17?
• 7. Why a strong focus on banking?

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UNDP - GEF Energy Efficiency Project - Romania

• 8. What... Is planned for June?
• 9. What is the EE 'Targ' concept?
• 10. Does... the project have an 'identity'?
• 11. What will day-to-day activities be?
• 12. Who will do the work?
• 13. How will consultants be chosen?
• 14. How will projects be identified
• 15. What are the next steps.

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UNDP - GEF Energy Efficiency Project - Romania

• 1. Why a UNDP/GEF project in Romania?
• Objectives are mainly environmental...
• - GHG reduction
• but activities will be mainly commercial
• - identify EE projects for banks/funds
• - identify banks/funds for EE projects
• - make the deals happen!

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UNDP - GEF Energy Efficiency Project - Romania

• 2. What are the concrete goals?
• A 'pipeline' of 80 bankable energy efficiency
  projects
• 30 preliminary investment decisions to a value
  of 15 million
• 20 full sets of feasibility studies and business
  plans, value 10 million

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UNDP - GEF Energy Efficiency Project - Romania

• 3. How will capacity building occur?
• Training- workshops, on-the-job, etc
• Sensitise banks to loan opportunities
• Sensitise energy consumers to opportunities to
  borrow for EE
• Help existing networks (ARCE, NGOs) - who
  already recognise potentially bankable projects -
  to push them towards the bank.

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UNDP/GEF Energy Efficiency Project - Romania

• 4. Who are the stakeholders?
• GoR - MIR, other ministries, ARCE
• GEF - UNOPS - UNDP
• Banks - investment funds - FREE
• Industries, suppliers, municipalities
• Consultants and trainers
• (individuals, companies, NGOs)

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UNDP/GEF Energy Efficiency Project - Romania

• The project is financed by GEF...

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UNDP/GEF Energy Efficiency Project - Romania

• through U.N.D.P.

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UNDP/GEF Energy Efficiency Project - Romania

• by U.N.O.P.S.

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UNDP - GEF Energy Efficiency Project - Romania

• So what is U.N.O.P.S. exactly?
• UN - Peace
• UNDP - Development
• GEF - Environment
• U.N.O.P.S. (UN Office for Project Services)
• - the business of making it all happen!

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UNDP/GEF Energy Efficiency Project - Romania

• FREE is a 'sister' GEF project

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UNDP/GEF Energy Efficiency Project - Romania

• FREE is a 'sister GEF project'

10 million
2 million
(82)
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UNDP - GEF Energy Efficiency Project - Romania

• 5. What is the project's history?
• A troubled one - for the last 3 years!
• - Delay in start-up
• - Original focus on demonstration zones
• - Former CTA left after a short period
• - Re-focus on fully commercial loans
• - Search for a new CTA
• - Appointment of new CTA, March 17th

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UNDP - GEF Energy Efficiency Project - Romania

• 6. What happened since March 17?
• Project office (Str. Washington 45)
• Staff - around 130 CVs received
• Database of 80 consultants developed
• Meeting banks, consumers, mayors
• 4 or 5 embryonic 'deals'
• ESCOs event for ARCE (Milan)
• Training for CTA (UNOPS, USA)

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UNDP - GEF Energy Efficiency Project - Romania

• 7. Why a strong focus on banking?
• CTA reviewed international experiences
• - Visited IFC, WB, ASE, IIEC etc
• Many projects like this have failed!
• - develop technically sound proposals...
• - but the banks are not interested.
• Key message Involve Banks from Day 1

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UNDP - GEF Energy Efficiency Project - Romania

• 8. What is planned for for June?
• Continue to meet banks
• Staff interviews/recruitment
• Framework agreement for consultants
• Awareness for equipment suppliers
• Joint Launch Event with FREE - 25th
• Further development of 'deals'

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UNDP - GEF Energy Efficiency Project - Romania

• What is planned for June? (continued)
• Finalise an Annual Work plan
• A Project Implementation Review
• An intranet for ARCE
• A web-site for ARCE
• A web-site for the Project
• Steering Committee meeting - June 26
• - (the day after the launch event)

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UNDP - GEF Energy Efficiency Project - Romania

• Steering Committee members and observers will be
  invited to the Joint Launch event (with FREE) on
  June 25th
• Morning session
• - political - policies, strategies, concepts
• Afternoon session
• - practical - including a 'practice' EE 'Targ'

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UNDP - GEF Energy Efficiency Project - Romania

• 9. What is the EE 'Targ' concept?
• 30 x 3-minute presentations (yes - 3!)
• 10 consumers (private, municipal etc) present
  their needs 10 equipment suppliers and10 banks
  present their products.
• Open 'Targ' - to meet and discuss.
• Facilitators ID embryonic deals...
• and schedule follow-up meetings

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UNDP - GEF Energy Efficiency Project - Romania

• 10. Does the project have 'identity' yet?
• No!
• 'World Bank/GEF' is the 'FREE"
• but
• 'UNDP/GEF' is the _at_?
• (i.e. we don't have a name yet)

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UNDP - GEF Energy Efficiency Project - Romania

• I think the project needs an 'identity'
• "The GEF Project" is not descriptive
• "Energy Efficiency Financing Project"
• - confused with other projects
• So how about...
• "Targul Roman Eficienta Energiei"?

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UNDP - GEF Energy Efficiency Project - Romania

• "Targul Roman Eficienta Energiei"
• (TREE)
• (The Romanian Energy Efficiency Marketplace)

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UNDP - GEF Energy Efficiency Project - Romania

• TREE.ORG.RO
• appears to be the best (available) domain

• TARGEE.ro (.net) (.org)
• EETARG.com (.net) (.org)
• ETARG.org (.ro)
• TARGEE.ro (.net) (.org)
• TEEB.ro (TEE Bankabil)

• TEEE.ro (Targ Electronic EE)
• TEERO.com (.net) (.org)
• TEER.NET (299)
• TEE.ORG.RO
• TEROM.net (.org)

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UNDP/GEF Energy Efficiency Project - Romania

• 11. What... will day-to-day activities be?
• Energy audits, financial consulting
• Training, workshops, capacity building
• Enhance capacity of stakeholders to prepare
  'bankable' EE proposals
• Structuring financing for EE projects

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UNDP/GEF Energy Efficiency Project - Romania

• 12. Who... will do the work?
• CTA and a small in-house staff.
• - part 'deal-makers'
• - part program managers
• Consultants - lots of them!
• - individuals, companies, NGOs
• - a large number of small contracts

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UNDP/GEF Energy Efficiency Project - Romania

• Bank-focus has changed staffing needs
• Originally advertised for 4 staff
• 1 finance 1 engineer, 1 info., 1 admin.
• Now plan to recruit only 2 or 3 staff
• - 1 banking 1 finance/engineer 1 admin.
• - More consultants - particularly local
  networks for information/communications
  activities and engineers for energy audits.

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UNDP/GEF Energy Efficiency Project - Romania

• 13. How... will consultants be chosen?
• A competitive, fair, open, transparent,
  independent and FAST procedure.
• Consultants who expressed interest get outline
  deals - so contracting can be fast.
• ToRs will call for 1 - 3 pages and a CV
• I will always oversee the procedure - but
  independent evaluators will select winners.

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UNDP/GEF Energy Efficiency Project - Romania

• 14. How will projects be identified?
• From anywhere and everywhere
• Existing energy efficiency networks
• Energy efficiency 'Targ' events
• Only realistic/potentially bankable energy
  efficiency projects are eligible for support.

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UNDP/GEF Energy Efficiency Project - Romania

• 15. Next Steps for Steering Committee?
• Discuss plans presented today
• - I will draft a memorandum
• Formal Steering Committee June 26th
• - (also with MiR, UNDP/GEF, UNOPS)
• - short, decisional meeting.

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UNDP - GEF Energy Efficiency Project - Romania

• "Capacity Building for GHG Emission Reduction
  through Energy Efficiency Improvement in Romania"
• Introductory event for Steering Committee members
• Mark Velody
• Wednesday 28th May
• energie_at_undp.ro