ESMAP Efficient and Sustainable Buildings Program

Transcription

1 ESMAP Efficient and Sustainable Buildings Program Green Buildings Day at the Annual Meetings Washington, DC October 16, 2017 Martina Bosi, Sr. Energy Specialist ESMAP, World Bank

2 There are many reasons for dedicated program targeting building sector High energy demand of world energy and 55% of electricity High impact on disposable income Large impact on growth & employment jobs created per housing unit built Energy & economics Growth of Cities Cities of +0.5m population in 2030, (564 cities in 1990) of disposable income of low income households goes to pay utility bills Growing middle class billion consumers expected to join global middle class by 2030 bringing it to 5 billion Urbanization Rapid urbanization countries will double their urban populations in the next 25 years High GHG impact of world s GHG emissions are from buildings. Wasted potential of economically viable energy savings in buildings is untapped Ample room to improve access to finance with no access to formal housing finance products Rapid increase in floor space in developing countries of growth to 2050 will occur in non-oecd countries Climate Change Sources: IFC, IEA, WB

3 CONTEXT EFFICIENT AND SUSTAINABLE BUILDINGS ARE THE LARGEST INVESTMENT OPPORTUNITY FOR SUSTAINABLE CITIES AND CLIMATE MITIGATION OPPORTUNITY: $16 trillion investment potential Buildings 72% Transpor t 16% Industrial EE 1% Waste 1% Renewab les 8% Transmis sion & Distributi on 2% Analysis of $24 trillion climate investment opportunity in 21 emerging markets Source: IFC Climate Investment Opportunity Report 100% 80% 60% 40% 20% CHALLENGE: Only 20% of economic potential utilized Industry Transport Power generation Buildings Energy efficiency potential left unused in new policies scenario Source: IEA World Energy Outlook 2

4 Avoid lock-in of inefficient, expensive and polluting development Buildings sector can have long-lasting impact on development path Urban planning Urban form impacts energy use: housing location, infrastructure density, interconnectedness of urban city infrastructure Particularly important for cities in developing countries with high projected urbanization growth, e.g., in Sub- Saharan Africa and Asia Construction & renovation Construction of new buildings without adequate energy efficiency or renewable energy considerations will cause high energy consumption and/or expensive retrofits in the future Building renovations and equipment investments also offer critical opportunities for improving energy efficiency. 3

5 Energy efficiency, and energy efficient buildings offer multiple benefits Source: IEA 4

6 ESMAP objective: help countries harness their EE potential to meet energy (security, affordability, reliability), development and climate change goals, as well as capture multiple benefits Buildings-related aspects considered How buildings are constructed How buildings are renovated How buildings use energy Where buildings are located Modality Technical assistance and pipeline development Technical assistance through World Bank teams Piloting of innovative solutions Mobilization of financing for World Bank clients 5 Knowledge development and experience sharing Knowledge products Global knowledge exchange and training

7 ESMAP supports technical assistance over entire project cycle 6 Support activities carried out by WBG teams Examples of activities supported: (i) energy diagnostics and audits; (ii) pre-feasibility studies; (iii) assessments and roadmaps (iv) training and capacity building; (v) design of implementation mechanisms and business models; (vi) input to urban planning (e.g. spatial growth scenarios) (vii) advisory services (e.g. on policy, regulatory and institutional framework).

8 Ongoing activities Activities under consideration for the current FY Our Efficient and Sustainable Buildings program supports activities around the globe ESMAP supported technical assistance activities Montenegro Sustainable EE Financing for Public Buildings Georgia Tbilisi EE Enhancement for Urban Regeneration Kazakhstan EE Transformation in Astana and Almaty Kyrgyzstan Enhancing EE of Education Facilities Kyrgyzstan EE in Public Buildings Western Balkans Financing of Public Buildings Jordan Designing a Program for EE Improvement in Residential Buildings Mongolia Efficient Heating Project Mexico Improving EE in Schools and Hospitals Mongolia v Energy Asset Rating for Mongolian Buildings Panama Towards an Effective Implementation of EE Initiatives Marshall Islands Promotion of EE Program Chile Local Action to Support Chile's NDC Achievement Ivory Coast Urban Density and v Quality Buildings for an Energy Efficient Abidjan Philippines Improving EE in Public Buildings Indonesia Scaling up EE in Indonesia Argentina Efficient and Sustainable Urban Settlements Africa (Ghana, Zambia, Botswana, Gambia) EE Investment Opportunities in Africa India Strategic Options for EE Scale-up and Support to Key Sectors China and Nigeria EDGE Certification for Existing Buildings Vietnam Improving EE in Vietnam

9 Relevant resources and knowledge products 8 Available from ESMAP website ( Tool for Rapid Assessment of City Energy (TRACE) version 2.0 available later in 2017 includes enhanced modules on buildings E-Learning course on Energy Efficiency in Cities Several modules Mayoral Guidance Notes on Energy Efficiency in Cities Includes Improving Energy Efficiency in Buildings Assessing and Measuring the Performance of Energy Efficiency Projects (July 2017) Review of global experience with M&V of EE and emerging field of multiple benefits of EE Synergies between rooftop solar PV and EE investments in built environment (Livewire; fall 2017) Gender Inclusion and Behavior Change in EE Programs (late 2017) Practitioner s Guide Study on Use of Auction Model to Catalyze Energy and Resource Efficient Buildings (soon) A cross GP/WBG effort: Climate Change CCSA, ESMAP/EEX, IFC EDGE, GSURR

10 Study on Use of Climate Auction Model to Catalyze Energy and Resource Efficient Buildings - background A cross WBG effort: Climate Change CCSA (lead), ESMAP/EEX, IFC EDGE, GSURR Origin: Pilot Auction Facility (PAF) focused on Methane and Climate Change Mitigation; Innovative climate finance model Housed in the WB Climate and Carbon Finance Unit, and supported by teams across WBG, incl. IFC Integrity Risk Division and WB Treasury Key elements of PAF s climate auction model: 1) price guarantees for emission reductions PAF only disburses funds once the emission reductions have been third-party verified. 2) an auction platform: transparent means for allocating and determining the value of the price guarantees. 9 Explore opportunity of combining the PAF climate auction model with EDGE voluntary certification Catalyze green building sector in developing countries and help avoid lock-in to energy inefficient, polluting, & expensive assets. EDGE certification (and other deemed equivalent) would provide metric against which to disburse funds

11 climate auction model to catalyze energy and resource efficient buildings: from concept to piloting Step-by-Step Process Pre-Auction Contributors Fund Facility Set Criteria Publicize Auction Example: Bidder Perspective Apply Qualify for Auction Auction Purchase Contracts Source m 2 Certification Audits Deliver proof of m 2 Payouts

12 Thank you. 11