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NDEP successful cooperation for better environment in the ND Area

NDEP successful cooperation for better environment in the ND Area ND Day, Brussels, 9 December 2015. T. Jaakko Henttonen NDEP European Bank for Reconstruction and Development. What is NDEP?. Multi-donor Fund set up in 2001. Mandate recently extended until 2022.

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NDEP successful cooperation for better environment in the ND Area

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  1. NDEP successful cooperation for better environment in the ND Area ND Day, Brussels, 9 December 2015 T Jaakko Henttonen NDEP European Bank for Reconstruction and Development

  2. What is NDEP? • Multi-donor Fund set up in 2001. Mandate recently extended until 2022. • EBRD acts as Fund Manager. Other IFIs include NIB, NEFCO, EIB and KfW • Contributions are used as grants to finance loan-based concrete investment projects • Two windows of activities: - nuclear and environmental

  3. Barents Sea NDEP projects in the Baltic & Barents Sea region • Baltic Sea ● Vitebsk ● Grodno ● Brest

  4. NDEP (1) Nuclear window • Andreeva Bay • Decommissioning of buildings and transportation of SNF from 22,000 spent fuel assemblies • Lepse • Dismantling of the Lepse ship and removal of SNF • Papa class nuclear powered submarine reactors defueling

  5. NDEP (2) Environmental window • Water and Wastewater treatment • Energy Efficiency and District Heating • Municipal Solild Waste Management

  6. Investment leverage of NDEP grants • NDEP grants of EUR 130m leverage:  425 MEUR of IFI loans 648 MEUR of national Russian & Belarusian budget funds 1.3 billion of EURO overall investment costs • NDEP grant of 1 EURO leverages:  3.3 EUR of IFI loan funds  5 Euro of national funds  100 Euro of overall investment

  7. Environmental leverage of NDEP grants • The NDEP projects in Russia can deliver phosphorous reductions of 1,859 tonnes per year (30% of total P discharges by Russia). • For Belarus, NDEP projects can deliver phosporous reductions are 1,660 tonnes per year (21% of total P discharges by Belarus) • The costs of reducing one tonne of phosphorus load through NDEP in Russia and Belarus is around 20% of the cost incurred in Finland, Sweden or Germany.

  8. Why is NDEP successful? • LIGHT AND TRANSPARENT GOVERNANCE STRUCTURE Rules of the Fund + Assembly + Steering Group • COOPERATION OF EQUAL PARTNERS Donors (including Russia/Belarus) + IFIs + Clients • FOCUS ON PROJECTS AND HIGH STANDARDS Project driven partnership with projects implemented to the highest international standards of the Implementing Agencies (EBRD, EIB, NIB, NEFCO, KfW)

  9. Why is NDEP needed? • Energy Efficiency investments in the Russian Euro-Arcticwill produce environmental benefits when outdated heating facilities are modernized. • Black carbon is 2,000 times more dangerous to the Arctic ice than CO2. In Barents Euro-Arctic region 75% of black carbon emissions come from coal/mazut fired boilers. • There is still vast potential to improve water and wastewater treatment and solid waste management in north-west Russia (small municipalities) and in Belarus.

  10. For more on NDEP… Please contact: Jaakko Henttonen NDEP Adviser Contact via NDEP Secretariat Ewa Manik Associate Manager EBRD, One Exchange Square, London EC2A 2JN Tel. +44 207 338 7196, fax +44 207 338 7486 Email: manike@ebrd.com Or visit: www.ndep.org www.ebrd.com www.nib.int www.nefco.org

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