Energy Efficiency Fund

Chiinu, Moldova

The Energy Efficiency Fund was designed to identify, evaluate and finance energy efficiency and renewable energy resources projects that contribute to improving energy consumption and reducing greenhouse gas emissions. The main objective of the Fund is to attract and manage financial resources to finance and implement energy efficiency and renewable energy projects, in accordance with strategies and programs developed by the Government through: 

• promotion of investment projects in energy efficiency and renewable energy sources;

• providing technical assistance for energy efficiency and renewable energy projects development;

• providing financial assistance  to the projects;

• direct financial contributions;

• acting as the agent or mediator for other sources of financing;

• providing full or partial guarantees in case of financing by banks;

• providing assistance in identifying optimal combinations for projects funding

The Fund shall meet its objectives by promoting and financing economically, technically and environmentally feasible energy projects which will ensure sustainable energy consumption and will lead towards low energy intensity and polluting or greenhouse gas emissions economy.