Enhancing the Energy Management System to Scale up Energy Efficiency Investments in Public Buildings in Serbia To reduce greenhouse gas emissions by improving the energy efficiency and promoting the use of renewable energy sources in public buildings with a particular focus on state-owned buildings leading to direct GHG emissions of at least 146,000 tonnes of CO2e from project investments and at least 300,000 tonnes of indirect CO2e emissions. Note: Disbursement data provided is cumulative and covers disbursement made by the project Agency. The socio-economic benefits of the project include increased employment opportunities for a variety of project related professional fields, direct savings in public spendings by reduced energy bills as well as better thermal comfort for the people working or visiting the buildings that have been retrofitted.  In addition, it is estimated that 300,000 tons of indirect CO2 emissions and 146,000 tons of direct CO2 emissions will allow approximately 25 new government jobs to be created as a result of energy savings allowing budget funds being able to be redeployed elsewhere as a result of estimated savings of some $116,800 from the 28 cultural heritage buildings and approx. double this amount from the indirect GHG reductions from the replication buildings which works out to approx. $250,000 in savings. In addition, from the Council of Europe Bank loan it is estimated that some 1,000 new jobs will be created as a result of construction costs of $47.3 million so in total we expect approx. 1025 new green jobs to be created by the project.  The annual costs savings in the energy bills of all 28 buildings to be retrofitted over 25 years is estimated at $ 37 million USD (or approx. $ 1.48 million USD per annum) On the basis of direct lifetime GHG emissions avoided of 146,000 tons CO2, reductions estimated by the project at a conservative number of $20 per ton. The number of people benefitting from new employment opportunities and better thermal comfort of the public buildings they are visiting or working has been estimated to reach at least 10,000 people by the end of the project. If one takes into account the indirect GHG reductions then the savings are even higher.  By project monitoring activities, the achieved socio-economic benefits will be duly recorded and presented as a part of project’s KM activities, by which the awareness of the key decision makers on the win-win nature of the improved energy efficiency of public buildings is sought to be triggered for the national socio-economic benefits if further EE investments and related GEBs. In addition, the KM activities will feed into and support the national communications of the government of Serbia and the nationally determined commitment (NDC) also.  Year 1 and Year 2 of the project will see the KM focus on awareness and training of energy managers, whereas Years 3, 4, and 5 will focus on dissemination of project results and making sure that the national energy consumption database is continually maintained and updated.  Key milestones and outputs from the KM approach will include training of energy managers under component 1 and this will be scheduled to take place mainly in Years 2,3 and 4 of the project. A project inception report and project inception workshop (Year 1) under component 3 as well as a continually updated project website, an international EMIS workshop (Year 4 or 5) and a final project report (Year 5) including a lessons learned study (Year 5) which is widely disseminated.