| Project Detail |
Project Description Provision of a loan of up to EUR 21 million to the city of Iasi to finance energy-efficiency enhancement investments in public buildings that include: i) rehabilitation of 15 public buildings owned by the city, and ii) reconstruction of a new bus and tram depot, designed and equipped for 32 trams and 44 electric buses. The project is proposed under Green City Framework 2 (GrCF2) which will be complemented by technical cooperation (TC) facilitated by the Bank for the development of a Green City Action Plan (GCAP) to identify, prioritise, and address environmental challenges through a multi-sector approach Project Objectives The proposed investments aim to improve energy efficiency, reduce pollution and save resources in excess of 20 per cent by implementing key investments in a pool of 15 public buildings and by modernising a bus and tram depot, preparing it for the new electric bus fleet, ultimately improving the environment and life standards in Iasi region. At the same time, the Project will play an instrumental role in the development and implementation of the Green Cities Framework which will support a strategic and multi-project approach in order to identify, prioritise and address environmental challenges at the city level. |
