KAEE and KEEF Agreement Opens Way for EE Investment in Municipalities

KAEE and KEEF Agreement Opens Way for EE Investment in Municipalities

7/2/20
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. The Government of Kosovo considers energy efficiency an essential component of strategic and economic planning and of the country’s development. Therefore, it is committed to contribute to achieving EU targets and to this end provides energy-saving incentives for citizens, open markets and new businesses applying for EE technologies. 
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EU supports energy efficiency in Kosovo with 9.4 million euro: creating jobs to reduce the negative impact of Covd-19 on the economy

EU supports energy efficiency in Kosovo with 9.4 million euro: creating jobs to reduce the negative impact of Covd-19 on the economy

4/17/20
The agreement for 9.4 mil euro grant from IPA 2017 was signed yesterday by the EU and the government of Kosovo with the World Bank as trustee. The implementation of the project will start as soon as the situation with the spread of virus COVID 19 is overcome, and will contribute to reduce its negative impact on the economy.   The grant will be used by the Kosovo energy efficiency fund as capital to finance implementation of energy efficiency measures in the municipal public infrastructure, such as schools, health care centres, hospitals etc, and will contribute to create jobs in the construction sector.
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"Friends of Energy" campaign launched

"Friends of Energy" campaign launched

3/7/20
Institute for Development Policy (INDEP) in partnership with GiZ have launched the "Friends of Energy" campaign in honor of the International Day for Energy Efficiency. This campaign is organized as part of the project "Promoting Energy Efficiency and Renewable Energy Sources in Kosovo" aimed at supporting Kosovo towards faster implementation of energy efficiency measures and achieving the goals under the Efficiency Action Plan. of energy. INDEP Executive Director Burim Ejupi said the campaign to promote efficiency and energy impacts returns on investment. Emergency and Energy Fund director Admir Shala said the campaign aims to help municipalities and businesses that want to invest. "For the first time in our region this fund aims to help municipalities and we hope that this investment will return multiple," Shala said.
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17 MILLION EURO FOR ENERGY SAVINGS

17 MILLION EURO FOR ENERGY SAVINGS

2/29/20
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.
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Kosovo Launches Energy Efficiency Fund

Kosovo Launches Energy Efficiency Fund

3/8/20
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. Nataliya Apostolova, head of the EU Office in Kosovo at a conference today said that Kosovo still faces challenges such as sustainable energy supply, and that energy efficiency is the only viable alternative, which increases security and sustainability of energy supply, creates jobs and improves the environment. "It is critical that reforms in the energy sector in Kosovo are in line with the Energy Community Treaty and with the SAA, with a view to gradual integration with Europe's energy markets. Energy Efficiency has always been and will remain on the focus of EU funding in Kosovo. Over € 19 million on the implementation of energy efficiency measures in the public buildings by the EU in the past. We expect the Fund will be fully staffed with a professional team in the next 2 months so it can start implementing energy efficiency projects in public buildings. It is very important that schools, kindergartens, health centers benefit from the Fund across Kosovo, "said Apostolova. Marco Mantovanelli, World Bank Manager for Kosovo among other, said that Kosovo is leading in terms of energy efficiency in the Balkans. He also added that current EU and World Bank investment related to energy efficiency focused of public buildings and in the future it is foreseen to be raised even at the private sector level. Photo: European Union Office in Kosovo  
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