KOS/ NEW FINANCING FACILITY UNDER THE REGIONAL ENERGY EFFICIENCY PROGRAMME FOR THE WESTERN BALKANS (REEP)
Published on: 16-03-2018
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The GEFF in Kosovo is implemented under the Regional Energy Efficiency Programme for the Western Balkans (REEP), funded by the EU and implemented in partnership with the Energy Community Secretariat. In total, the REEP programme will benefit from €135 million for investments in the residential sector, supported by €30 million in EU funding, €1.8 million from the European Western Balkans Joint Fund, as well as €3.3 million provided by the Austrian Federal Ministry of Finance.
Credit lines of €8.5 million have already been signed by three local partner financial institutions, TEB Banka në Kosovë and microfinancial institutions including Kreditimi Rural i Kosoves (KrK) and Agjencioni për Financim në Kosovë (AFK), as part of a larger €85 million GEFF programme operating in the Western Balkans.
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