Philippines-World Bank Climate Projects

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Contents

World Bank Active Climate Projects in the Philippines

  1. PH - Chiller Energy Efficiency Project (2.6M) Global Environment Project
  2. Additional Financing for Rural Power (40M) IBRD/IDA
  3. Northern Negros Geothermal Power Project (6.76M) Carbon Offset
  4. 20 MW Palinpinon II Geothermal Optimization Project, Carbon Offset
  5. Laguna de Bay Community Watershed Rehab, Carbon Offset
  6. Philippines: Northwind Bangui Bay Project (1.4M) Carbon Offset
  7. EDSA Bus Reduction Project (6M) Carbon Offset
  8. Laguna de Bay Community Carbon Finance Project, Carbon Offset
  9. Philippines: Methane Recovery from Waste Management Project (10M) Carbon Offset
  10. Philippines Ethanol Plant Wastewater Biogas Project (20M) Carbon Offset
  11. Electric Cooperative System Loss Reduction Project (12M) Global Environment Project
  12. Climate Change Adaptation Program (4.97M) Global Environment Project
  13. Supplemental Project to the Rural Power Project (9M) Global Environment Project
  14. Rural Power Project (10M) IBRD/IDA

PH - Chiller Energy Efficiency Project (2.6M) Global Environment Project

"The objective of the Chiller Energy Efficiency Project in the Philippines is to reduce greenhouse gas (GHG) emissions by replacing inefficient chillers, including both old Chlorofluorocarbon (CFC)-based chillers and non-CFC-based chillers. There are four components to the project. The first component of the project is investment to chiller replacement. This component will provide financial incentives (about 15 percent of the new chiller cost) to accelerate the replacement of inefficient chillers to non-CFC energy efficient ones, in advance of the natural attrition rate of the existing equipment. The second component of the project is measurement, monitoring and verification (MMV). As per the methodology approved by the Executive Board of the Clean Development Mechanism (CDM EB), the program is required to measure and monitor data related to the power-output function of the inefficient chiller to be replaced, electrical consumption of the new chiller, and cooling output. It necessitates a database to be established to keep track of all the data generated from the individual replacement activities and to be used to generate the reports that would support the Certified Emission Reduction (CER) claims. The third component of the project is performance standards and technical assistance. The objectives of this component are to enhance the knowledge and build capacity of project participants (chiller owners, government regulators, chiller manufacturers/ suppliers/contractors), on the following: (a) significant rate-of-return on investment of chiller replacement and other potential low-cost and/or no-cost energy conservation measures in large buildings; (b) the total ban of CFC consumption by January 1, 2010; and (c) replacement and maintenance of new chillers to remove chiller owners' perceived technology risks. The fourth component of the project is project management. The procedures of project implementation, requisite institutional framework for implementation and monitoring of project activities, the formats for monitoring and reporting, and funds management and disbursements are delineated in a Project Implementation Plan (PIP) and an Operating Manual (OM). All financial data and disbursements under the Project will be managed by Department of Environment and Natural Resources (DENR) through a database."

Additional Financing for Rural Power (40M) IBRD/IDA

"The project paper provides an additional financing to the Philippines for the Rural Power Project. (RPP). The additional financing will enable Development Bank of the Philippines (DBP), and the sector, to further expand the public-private partnership in the provision of energy access, particularly in Mindanao where over 50 percent of the scaled-up projects will take place. The additional resources will also strengthen the social economic and poverty alleviation impact by targeting 10,000 new customers in the poor rural areas. Their access to electricity is expected to substantially improve the quality of life of the beneficiaries and promote rural economic development in the project areas. Except for procurement, there will be no changes on the RPP's project management, financial management, environmental, and social arrangements. The closing date for the first adaptable program loan (APL 1) and associated global environment facility (GEF) grant will be extended to December 31, 2012."

Northern Negros Geothermal Power Project (6.76M) Carbon Offset

20 MW Palinpinon II Geothermal Optimization Project, Carbon Offset

Laguna de Bay Community Watershed Rehab, Carbon Offset

Philippines: Northwind Bangui Bay Project (1.4M) Carbon Offset

EDSA Bus Reduction Project (6M) Carbon Offset

Laguna de Bay Community Carbon Finance Project, Carbon Offset

Philippines: Methane Recovery from Waste Management Project (10M) Carbon Offset

Philippines Ethanol Plant Wastewater Biogas Project (20M) Carbon Offset

Electric Cooperative System Loss Reduction Project (12M) Global Environment Project

"The Electric Cooperative Systems Loss Reduction Project will achieve significant, and sustained energy efficiency improvements in electric cooperatives (ECs), in order to provide customers with reliable, and least-cost power supply over the long term. The project will consist of two components - Partial Credit Guarantee Program, which includes eligible EC subproject investments, and the establishment of a Global Environment Facility (GEF)-funded partial credit guarantee facility to support such investments, and, - capacity building and implementation support for key stakeholders. The Partial Credit Guarantee Program will include a) provision of risk mitigation to lenders, thus to investor borrowers, to support energy efficiency investments; b) guarantees would leverage existing banking credit assessments expertise, share borrower credit risk with commercial lenders, and improve terms and access to loan financing, including the extension of maturities for borrowers; c) the guarantee coverage required would be determined by the nature of each investor EC, and status of the EC, as well as specific debt financing structure; and, d) the guarantee liabilities for a given transaction would be decreased over the life of the loan, in line with principal amortization schedule. Activities under the Capacity Building and Implementation Support component will include two Subcomponents: 1) the LGU Guarantee Corporation (LGUGC) subcomponent will provide technical assistance, training, study tours and workshops to LGUGC, financial intermediaries, selected ECs, and ECs investors, in power distribution systems, to strengthen LGUGC capacity; and, 2) provision of technical assistance to the Department of Energy (DOE) for implementation of periodic reporting, monitoring and evaluation of the credit guarantee program, as well as the assessment of energy efficiency gains of ECs from improved access to commercial lending. Capacity building within DOE would include technical assistance, training, study tours in procurement, and in energy regulation, operations and management practices"

Climate Change Adaptation Program (4.97M) Global Environment Project

"The objective of the Climate Change Adaption (CCA) Project for Philippines is to develop and demonstrate approaches that would enable targeted communities to adapt to the potential impacts of climate variability and change. There are four components to the project, the first component being strengthening the enabling environment for climate change adaptation. This component supports the integration of climate change adaptation into the agriculture and natural resources sectors, and strengthens the capabilities of relevant government agencies. The second component is the demonstration of climate change adaptation strategies in the agriculture and natural resources sectors. This component helps poor rural communities, which are most at risk of climate change impacts, to adapt to the effects of climate change. It will demonstrate both tangible reductions in climate-related risks, and increased resilience to longer-term climate changes and climate-related disasters. The third component is the enhanced provision of scientific Information for climate risk management. This component improves the access of end users, especially in the agriculture and natural resources sectors, to more reliable scientific information that would enable more rapid and accurate decision making for climate risk management. Finally, the fourth component is the project coordination."

Supplemental Project to the Rural Power Project (9M) Global Environment Project

Rural Power Project (10M) IBRD/IDA

"The objective of the Project is to assist in the implementation of the first phase of the Rural Power Development Program, aimed at supporting reforms and priority investments, to achieve the aforementioned objectives of the sector. The rural electrification subprojects component would have two subcomponents: (1) grid-connected electric cooperative (EC) subprojects; and, (2) decentralized electrification. The first subcomponent will improve power supply systems' safety, reliability, efficiency and power service quality for existing customers, through rehabilitation and capacity upgrades of the existing supply system; remove supply system constraints, encourage institutional development of ECs, and, improve employee productivity, safety, and, efficiency of customer service provision. The second subcomponent will support investments in small power generation, decentralized grids, and stand-alone renewable energy technologies (RET) systems, most notably photovoltaic (PV) systems. The Partial Credit Guarantee Fund component will help establish, and provide grant funds to partially cover loan losses incurred in the provision of loans to RET purchasers, and suppliers. This component would be funded by a United Nations Development Program (UNDP)-Global Environment Facility (GEF) grant. Finally, the third component will support the Department of Energy, the Development Bank of the Philippines, participating financial intermediaries, and participating enterprises in reducing market barriers for the commercialization of RETs, by building capacity of concerned public, and private sector entities. Investment risks would be reduced through strong project development, appraisal, procurement, and supervision of RET subprojects, and, by supporting implementation policies on energy tariffs and subsidies, and on regulation, and planning. This component will be funded by the Bank-GEF grant."

References

  1.  "World Bank project database"