Identification and Promotion of Energy Efficiency (EE) Investments
Project Description
The objective of this project was to provide a financial contribution to the EBRD's grant facility to help support sustainable energy investments in Ukraine and Moldova. The projects funded under this facility aimed at reducing energy dependency and improving security of energy supply in the countries concerned by promoting energy efficiency particularly amongst small and medium-sized enterprises. INOGATE funds were used as grants to support the EBRD's Moldova Energy Efficiency Fund (MoSEFF) in the amount of €6.06 million and the Ukraine Energy Efficiency Programme(UKEEP) in the amount of €3.25 million.
The project opened the way to sound Energy Efficiency investment projects through the establishment of credit lines within appropriate local banks and the provision of technical, financial, legal and environmental expertise to potential beneficiaries (SMEs in Moldova and Ukraine, and industries and agribusiness in Moldova where appropriate). Finally, it encouraged spill over effects in the banking, industry and household sectors.
Key Data
Status
Completed
Implementation period
01/12/2008 - 31/12/2012
Budget
€9,500,000
Thematic Areas
Renewable energy, Energy efficiency, Energy investments
Beneficiary countries
Moldova, Ukraine
Project Activities
| Activity Title ▴▾ | Date ▾ | Status ▴▾ | Location | Type |
|---|---|---|---|---|
| MoSEFF Case studies on Energy Efficiency | 01/04/2011 - 01/04/2011 | Completed | Chisinau (Moldova) | Publications |
| Best Practice Guide for Energy Efficiency and Renewable Energy | 15/02/2011 - 15/02/2011 | Completed | Chisinau (Moldova) | Reports and Studies |
| Launch of MoSEFF (Moldova Sustainable Energy Finance Facilities) | 11/02/2010 - 11/02/2010 | Completed | Chisinau (Moldova) | Event Other Event |