The project objective is to create a functioning, sustainable and effective ESCO market in Moldova, scaling up mitigation efforts in the municipal building sector of Chisinau and Moldova in line with the Green Urban Development Plan leading to at least 68,000 tonnes of direct CO2 emission reductions from EPC projects supported by the project and 240,000 tonnes of indirect CO2 emission reductions during the period of project influence.
Project Details
GEF Project ID
5157
Country
Moldova
Implementing Agencies
United Nations Development Programme
Approval FY
Status
Completed
Region
Europe and Central Asia
Executing Agencies
Ministry of Environment (MoE)
Ministry of Economy (MoE)
Energy Efficiency Fund (EEF)
City of Chisinau
Ministry of Economy (MoE)
Energy Efficiency Fund (EEF)
City of Chisinau
GEF Period
GEF - 5
Project Type
Medium-size Project
Focal Areas
Funding Source
GEF Trust Fund
Project Documents
Financials
USDCo-financing Total
7,615,000
GEF Project Grant
1,300,000
GEF Agency Fees
123,500
Timeline
Received by GEF
Concept Approved
Project Approved for Implementation
Project Closed