Projects Database Map: FELICITY II - Eastern Partnership and Central Asia Program
Remarks
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Beneficiary
KAZ, UZB
Start / End year
2022 - 2026
Sector
Climate
Sub-sector
Climate finance
Project description
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.
Expected Results
State of implementation/results • In Kazakhstan, jointly with the dena-led Kazakh German Energy dialogue and the EU Enable project, implemented by IWO e.V., FELICITY II is providing a comprehensive multi-level support for piloting and scaling of refurbishment of multi-family houses. • In the city of Kokshetau the piloting of an energy efficient refurbishment of a typical 80-appartment-house has been started in January 2025. The learnings feed in efforts by the Energy dialogue to support the creation and work of a National Project Office for fostering investments in the large-scale refurbishment. • FELICITY II facilitates a loan agreement between Kazakh Housing Company (KHC) and EIB and ensures high energy efficiency standards for new building construction projects. • In Uzbekistan, the city of Nukus, a pilot project for the renovation of a multi-apartment building in Nukus has been started. Already during the design phase valuable learnings in the field of capacity development could be gained for further incorporation in a respective handbook. • FELICITY II concluded 2 studies aiming at improving investment opportunities in the residential sector, which have been presented to EIB and partner ministries. This will inform recommendations to the upcoming new renovation program 2026-2030 under development by the Ministry of Construction for the refurbishment of 14 000 multi-apartment buildings. Recommendations for the update of building standards to the EU level have been provided and additional ones are under development. • A project concept for energy-efficient refurbishment of public buildings in Uzbekistan, supported by FELICITY II has been approved by the Ministry of Energy. After public consultations, the Ministry of Investment and International Trade (MIIT) will need to approve the project and submit an official funding request to EIB. A national feasibility study is also in progress for the loan project preparation. • In February 2025, Tashkent hosted the 1st CCFLA Central Asia Hub Forum, which brought 100 participants including 25 cities representatives from 3 Central Asian countries. The focus was on bridging national policies with local initiatives and developing concrete project concepts to access climate finance.
Project Phases
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Implementing agency
BMWK (IKI) - EIB / GIZ, BMWK (IKI)
Main partner
Germany
Total budget by main partner
€ 16,700,000
Co-financing
- - -
Budget of co-financing
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Total budget (original)
€ 16,700,000 (Exchange rate: 1.00000)
Loan budget
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