Project features

The project aimed to assess the feasibility of a EUR 30 million credit line from AFD to UzMRC for the energy-efficient renovation of residential buildings in Uzbekistan. The assignment supported structuring financial products and analyzing the energy renovation market to enable refinancing via commercial banks. It also included climate impact analysis, regulatory assessment, and identification of market barriers, contributing to Uzbekistan’s national energy efficiency objectives. The study laid the groundwork for an operational financing mechanism aligned with international green standards.

Services provided

The following describe Juru’s scope within the project tasks:

Task 1: Market study – demand and supply analysis

• Lead the analysis of housing stock, energy context, and construction trends;
• Lead assessment of energy renovation market and household appetite;
• Support in survey on awareness and access to finance for energy renovation;
• Support review of banking sector products and market potential;
• Support in study of local supply chain and institutional context;
• Support in benchmarking of other donors’ activities in housing energy efficiency.

Task 2: Analysis of UzMRC activities and dedicated products for energy efficiency

• Support evaluation of UzMRC’s Green Renovation Platform and methodology
• Support review of refinancing conditions and UzMRC partner bank practices
• Support mapping of green sub-projects and technologies financed
• Lead estimation of energy and climate impacts of UzMRC activities

Task 3: Elaboration of financial products to be developed by UzMRC under the credit line

• Support structuring of refinancing product and lending conditions;
• Support identification of target households and product features;
• Lead calculation of expected impacts (CO₂, MWh, EUR savings, etc.);
• Support scenario analysis of pipeline based on current market data.

Task 4: Proposal of a structural approach for maximising the benefits of energy renovation

• Lead in definition of 4 standard renovation packages based on building typologies;
• Support in thermal dynamic simulations and cost-benefit ranking of measures;
• Lead in extrapolation of climate and economic benefits at pipeline level;
• Support in drafting of practical guidelines and communication strategy.

Task 5 (optional): Assessment of the technical assistance needs of UzMRC

• Support in identification of institutional and technical capacity gaps;
• Support in proposal of TA programme and development of consultant ToRs.

Task 6 (optional): Elaboration of eligibility criteria for new construction loans

• Support in review of green building labels and comparison with standards;
• Support in analysis of incremental costs and resilience factors;
• Support in formulation of eligibility framework for green mortgage loans.