FELICITY II - Eastern Partnership and Central Asia Program

Technical and financial aspects hinder low carbon infrastructure finance. To reduce these barriers the project focuses on two sectors in its partner countries: residential energy efficiency and water and wastewater. On the national level, countries will be supported to create favourable framework conditions for infrastructure investments. Financial intermediaries will be strengthened to on-lend and structure climate finance. On the subnational level, experts and decision makers are supported to prepare bankable low carbon investment projects. This technical assistance will be coupled with a financial contribution by an international finance institution to ensure low-carbon infrastructure projects are implemented and scaled up. Through participating in infrastructure alliances, countries will benefit from learning from regional and international best practices. The project will directly contribute to strengthening the role of sustainable infrastructure in NDC implementation.

Project data

Countries
Georgia, Kazakhstan, Ukraine, Uzbekistan, Armenia, Moldova
IKI funding
20,000,000.00 €
Included preparation phase
262,000.00 €
Duration
01/2022 till 12/2026
Status
open
Implementing organisation
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
Political Partner
  • Ministry of Economy and Finance of the Republic of Uzbekistan
  • Ministry of Energy - Kazakhstan
  • Ministry of Industry and Infrastructural Development of the Republic of Kazakhstan
  • Ministry of Regional Development, Construction and Communal Living - Ukraine*
Implementing Partner
  • European Investment Bank

State of implementation/results

  • In the context of a high level workshop on 31st March 2022 between EIB and GIZ, the Programme Implementation Agreement was signed as a binding cooperation agreement between EIB and GIZ. In the course of this, continued support, including possible mobilization of further funds for the water sector in Ukraine, was also pledged by the EIB President.

Latest Update:
07/2024

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