$31m boost for energy efficiency in Kosovo

The World Bank is providing a $31 million (£20.5m) loan to support energy efficiency and renewable energy projects in Kosovo. They are expected to help cut energy and fossil fuel […]

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By ELN reporter

The World Bank is providing a $31 million (£20.5m) loan to support energy efficiency and renewable energy projects in Kosovo.

They are expected to help cut energy and fossil fuel use in the nation’s building stock. The projects will have a particular focus on universities and hospitals.

The Bank will also help Kosovo improve and implement its energy strategy as well as the regulatory environment for renewable energy and energy efficiency.

Ellen Goldstein, World Bank Country Director said: “A modern energy sector generating reliable, affordable and cleanest possible electricity is indeed Kosovo’s most urgent priority.

“Using available energy more efficiently and encouraging the development of renewable sources represent two central pillars of Kosovo’s comprehensive energy strategy.”