Serbia Energy Efficiency Framework in buildings (SEEF)

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Overview

The proposed Serbia Energy Efficiency Framework in buildings (the "SEEF" or "Framework") consists of a facility of up to EUR 40 million to support investments in energy efficiency ("EE") improvements in: 1) public buildings and 2) residential buildings connected to district heating ("DH") systems in Serbia. The eligible borrowers include Serbian municipalities, DH companies and the Autonomous Province of Vojvodina. Targeted sub-projects will have energy savings potential of at least 30 per cent.

Project ID 52606

Status Cancelled

Location

Serbia

Business Sector

Municipal Infrastructure

Notice Type

State

Sub-projects

Project ID 52606

Status Cancelled

Location

Serbia

Business Sector

Municipal Infrastructure

Notice Type

State

Environmental Category

Approval Date

08 Sep 2021

Disclosure date

04 Mar 2021

Serbia Energy Efficiency Framework in buildings (SEEF) (Serbian) (PDF, 0.62MB)

Project description

Project objectives

The SEEF aims at accelerating the pace of EE renovations in public and residential buildings in Serbia by providing technical assistance, investment incentives and financing through public sector intermediaries. The SEEF will help identifying and prioritising EE investments leading to significant energy savings and contributing to several additional benefits: air pollution and GHG emission reduction, enhanced health-related living conditions, productivity and comfort levels of inhabitants, increased employment and capacity in the construction industry.

Another key element of the Framework is support for the introduction of best practices in the country in terms of energy management such as transition to consumption based billing ("CBB") systems and behavioural change. In addition, the Framework will also aim at ensuring increased standards of inclusive access in renovated public and residential buildings.

Transition impact

ETI Score:60

TBC

Primary Quality: Green. The SEEF supports the development of sub-projects that will contribute to the Green TI quality through environmental benefits arising from the reduction of energy consumption in residential and public buildings (expected to be at least 30 per cent).

Secondary Quality: TBC

Client information

Details specific to each client within the SEEF will be presented at the sub-project level. The eligible clients include Serbian municipalities, DH companies, and the Autonomous Province of Vojvodina.

EBRD Finance Summary

EUR 40,000,000.00

Total project cost

EUR 40,000,000.00

Additionality

Financing Structure: EBRD offers financing that is not available in the market from commercial sources on reasonable terms and conditions.

Standard-setting: helping projects and clients achieve higher standards. Clients seek and make use of EBRD expertise on best international environmental, social and procurement standards.

Knowledge, innovation, and capacity building: EBRD provides expertise, innovation, knowledge and/or capabilities that are material to the timely realisation of the project's objectives, including support to strengthen the capacity of the clients.

Higher inclusion and gender standards: The clients will also make use of EBRD expertise on higher inclusion and gender standards through focused efforts to increase inclusive standards of access to public and residential buildings.

Environmental & Social Summary

The Framework itself will not be categorised under the Bank's 2019 Environmental and Social Policy; however each sub-project will be categorised on a case by case basis and will be subject to individual environmental and social due diligence ("ESDD") with the support of an independent consultant. A Non-Technical Summary ("NTS"), Environmental and Social Action Plan ("ESAP") and Stakeholder Engagement Plan ("SEP") will be developed for each sub-project to ensure compliance with the EBRD PRs. It is anticipated that the sub-projects will be categorised B. Any Project that is categorised as A will be subject to the Bank's full ESIA requirements and will require Board approval.

Technical Cooperation and Grant Financing

TCs 1-3 will be carried out at sub-project level, while TC4 will be implemented at the Framework level.

Pre-Signing:

m TC1: Detailed Energy Audit of the pre-selected buildings

m TC2: Environmental and social due diligence including preparation of documentation regarding all relevant environmental and social aspects.

Post-Signing:

m TC3: (Advance) procurement support and supervision, to assist the client with the preparation of tender documents and handling procurement process, and works supervision

m TC4: Support for implementation of CBB, including capacity building and awareness raising, as well as review of existing regulation, identification of barriers for CBB implementation, and provision of recommendations for regulatory improvements

Implementation summary

PSD last updated

04 Mar 2021

Understanding transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with the EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”. The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank's activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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