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According to EIB website, the operation is a framework loan (FL) in support of sustainable energy efficiency improvements targeting public and residential buildings in various cities in the Republic of Moldova. Part of the allocations under the FL has already been identified ex ante and consists of the refurbishment of 139 public buildings. The remainder of the pipeline of allocations will be further developed by the Energy Efficiency Agency and the promoter, with advisory support. The project intends to increase the energy efficiency of public and residential buildings, which has a significant impact on CO2 emission reduction and thus contributes to climate change mitigation. Moreover, energy efficiency investments will boostlocal and regional economic activity, particularly in the construction industry, and therefore support the development of the private sector in general and SMEs in particular.
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