Support for the Implementation of Renewable Energy Auctions in Moldova (EBRD-10271)

Countries
  • Moldova
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 22, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.51 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 0.45
Converted using 2019-03-22 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Mar 7, 2020

Disclosed by Bank Mar 22, 2019


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Project Description

According to EBRD website, the project aims to ensure more efficient cross-minister coordination and implementation of the committed transport projects. The outcome of this Assignment is expected to be an acceleration of implementation of the transport projects and a significant decrease of the undisbursed loans’ amount. This Project consists of a comprehensive package of technical assistance to support Moldovan authorities in developing and strengthening the overall regulatory and institutional framework necessary for the successful implementation of the competitive procurement of renewable energy. The project also includes support to the relevant institutions for the implementation of RE auctions. 

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.