Moldovan Sustainable Energy Financing Facility - MoSEFF, Moldova
Energy efficiency
Climate
Environment
National
Beneficiary Country:
-
Moldova
Type and/or measure of energy efficiency in buildings:
Lead Donor Contact
European Bank for Reconstruction and Development
Short description of the overall project
The Moldova Sustainable Energy Efficiency Finance Facility (MoSEFF), co-funded by the EU, has supported energy efficiency and renewable energy investments of private companies. This was made possible thanks to support in preparing technically feasible and bankable projects, support to lenders in the appraisal of projects, and providing competitive credit lines by the EBRD.
Energy savings achieved / expected |
|
|---|---|
| Final energy savings (kWh) | 323,000,000 / year |
| CO2 emission reduction achieved /expected in kt Co2eq | 60,700 / year |
| Financial instruments used / use of current financial mechanisms | Combines a credit line from EUR 10 000 up to EUR 2 000 000 to local financial institutions such as Moldindconbank, Mobiasbanca, Procreditbank and others with a technical assistance and incentive programme that addresses barriers to investment. |