KAEE and KEEF Agreement Opens Way for EE Investment in Municipalities
Prishtina, 03 July 2020 – The Kosovo Agency for Energy Efficiency (KAEE) and the Kosovo Energy Efficiency Fund (KEEF) signed an agreement today at the Ministry of Economy and Environment (MEE) premises. The agreement signing event was also attended by the Minister of Economy and Environment, Blerim Kuçi.
17 MILLION EURO FOR ENERGY SAVINGS
Kosovo is the first country in the region to establish a Kosovo Energy Efficiency Fund with a budget of 17m euros. This fund aims to assist municipalities in renovating public buildings.
Kosovo Launches Energy Efficiency Fund
Kosovo becomes the first country in the Western Balkans to launch an Energy Efficiency Fund. The Energy Efficiency Fund was launched by the Ministry of Economic Development with the support of the World Bank and the European Union. This fund was created as a result of the adoption of the Law on Energy Efficiency in November 2018. For this fund the Kosovo Government has allocated € 1 million while World Bank and EU pledged € 10 million.