SOCIAL INCLUSION - GREEN AWARD

THIRD ANNUAL INN-OBA-TIONS AWARD RECIPIENT - JANUARY 2016

Team led by Sandra Broka and in collaboration with Sandrine Boukerche and Nick Bowden, the Moldova Biomass Heating and Energy Conservation Project is one of the first energy efficiency projects developed by the World Bank Group utilizing the innovative RBF mechanism linked to Green House Gas mitigation. It improves heating services and efficiency of public buildings in poor rural communities, including autonomous minority regions, in Moldova. The project is the first to issue Certified Emission Reductions (CERs) in Moldova, with revenues derived from sales of CERs reinvested in additional energy efficiency improvements. Overcoming technical and regulatory challenges, the project achieved a milestone in 2015: the issuance of 89,500 CERs corresponding to mitigation activities and increasing the flow of revenues to the client.