Energy Efficiency

closed

Closed

The objective of the Energy Efficiency Project for Tunisia is to scale up industrial energy efficiency and cogeneration investments, and thereby contribute to the government's new four-year energy conservation program. The components of the project include: the project concept was designed to provide an integrated technical and financial analysis of end-use projects to be financed by Participating Financial Intermediaries (PFIs). To avoid lengthy and cumbersome application processes for projects that commercial banks will not be interested in financing, the National Agency for Energy Control (ANME) will work closely with PFIs to prescreen projects for financing. This set-up will also allow the integration of Energy Efficiency and Renewable Energy Fund (FNME) subsidies and other grants and loans from different sources in the financing plan of each project, therefore avoiding that projects do not reach financial close because of lack of one of the components of the financing plan. Technical assistance might be useful to complement lines of credit to provide support to Financial Intermediaries (FIs), Project Implementation Unit (PIU), and developers of sub-projects. However, ANME already has very strong capabilities and resources allowing it to provide the support required to PFIs in the area of business planning and sub-project evaluation. It also already benefits from technical assistance from various sources that aim at supporting skill enhancement or capacity building in matters related to financing of Energy Efficiency (EE) activities. Finally, a strong pipeline of identified sub-projects already exists. Should other sources of financing eventually arise for complementary technical assistance, the latter will mainly focus on: (a) training and capacity building of the commercial banks in the area of energy efficiency and cogeneration; (b) providing support to project developers to assist in the preparatory studies and business development assistance including technical and financial feasibility studies; and (c) support for targeted awareness and training efforts to support pipeline development efforts.

FY17 - Energy and Extractives

World Bank

Project

Solar, Manufacturing (Industrial), Biomass, Wind, Geothermal, Commercial, Government