The World Bank                                                                                                                                           Report No: ISR7167


                                                                                                  Implementation Status & Results
                                                                                                        Czech Republic
                                                                                           CZ - GREEN INVESTMENT SCHEME (P114304)
Public Disclosure Copy




                         Operation Name: CZ - GREEN INVESTMENT SCHEME (P114304)                             Project Stage:   Implementation         Seq.No: 4     Status: ARCHIVED   Archive Date:   27-Dec-2011
                                                                              Country: Czech Republic                                Approval FY:          2010
                         Product Line: Carbon Offset                          Region: EUROPE AND CENTRAL ASIA                        Lending Instrument:
                         Implementing Agency(ies): State Environmental Fund
                         Key Dates
                         Board Approval Date    28-May-2010          Original Closing Date 30-Apr-2015             Last Archived ISR Date 27-Dec-2011
                         Effectiveness Date     28-May-2010          Revised Closing Date 30-Apr-2015


                         Overall Ratings
                                                                Previous Rating                         Current Rating
                         Progress towards achievement of PDO    Moderately Satisfactory                 Satisfactory
                         Overall Implementation Progress (IP)   Moderately Satisfactory                 Satisfactory
                         Overall Risk Rating


                         Implementation Status Overview
                         Implementation of the Green Investment Scheme (GIS) Program is progressing well and no major issues were revealed during the on-site supervision conducted by the State
                         Environmental Fund. The total number of applications for the GIS Program has reached 79,442 and no additional applications are being accepted. The disbursement level of the
                         Bank funds (under agreements signed with Spanish Carbon Fund and Carbon Fund for Europe) reached the required 45 percent by the end of 2011. Currently one hundred percent
                         of the World Bank funds have been allocated to accepted applications (but not disbursed). There is a high level of satisfaction expressed by the applicants, as evidenced through site
                         visits, energy consumption has decreased which leads to GHG emission reduction, and the greening ratio agreed in being achieved.


                         Locations
                         No Location data has been entered

                         Key Decisions Regarding Implementation
Public Disclosure Copy




                         None.

                         Related Projects
                         P117334-AF-CZ GIS/AAU TRADE




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