Minister Rizvanolli authorizes the transfer of one million euros to support the Kosovo Energy Efficiency Fund
Prishtina, November 26, 2021 – After the meeting held between the Minister of Economy, Artane Rizvanolli and the Chairman of the Board of the Kosovo Energy Efficiency Fund (KFEE), Lum Mita, the transfer of funds in the amount of 1 million Euros was authorized for the improvement of efficiency measures in primary and secondary schools, family medicine buildings and other municipal facilities.
The project has a total investment of 18 million euros and is co-financed by the European Union and the World Bank. The Government of Kosovo has allocated and contributed 3 million euros for this project.
The Fund is a public institution accountable to the Government of Kosovo and its mission is to improve energy efficiency measures, improving the lives of the citizens of Kosovo. Minister Rizvanolli re-emphasized the support for achieving the objectives, and asked the Fund to accelerate investments in Municipalities, ensuring increased comfort in schools and health homes throughout Kosovo.
At the meeting they discussed further development on financing modalities in the energy efficiency sector, covering the residential and private sectors. The parties agreed that energy efficiency should play an important role in Kosovo’s energy transformation to be envisaged in the Energy Strategy.