The German Federal Ministry for Economic Cooperation and Development (BMZ), through the German Development Bank (KfW), is providing a 38.7-million-euro grant to improve the energy-efficient renovation of public buildings in the healthcare and higher education sectors, such as district hospitals and student dormitories.
Up to 30 buildings will benefit from energy efficiency upgrades, renewable energy solutions and both structural and interior modernisation. These improvements will significantly reduce energy consumption and costs while enhancing comfort and conditions for staff, patients and students.
A total value of 73 million euros
The project is jointly funded by Germany and France, with a total value of 73 million euros. An agreement for a 30-million-euro loan from the French Development Agency (AFD) was signed earlier this month in Paris.
“Energy efficiency in buildings is one of the key priorities of the Government of the Republic of Moldova,” emphasised Minister of Energy Dorin Junghietu. “To achieve this objective, we have committed to annually improve the energy efficiency of 0.8% of the country’s building stock, thus reducing financial tensions and challenges in ensuring energy security while increasing the comfort of citizens.”
“The INSPIREE Project (Initiative for Sustainable Public Infrastructure Development through Energy Efficiency Renovations) represents a collective effort of European partners towards a common goal: Supporting Moldova in strengthening energy security and ensuring the sustainable well-being of Moldovans,” said the Director for Eastern Europe, the Caucasus, and Central Asia at KfW, Veronica Garcia Del Arco.
The project is carried out under the Joint European Financiers for International Cooperation (JEFIC) Initiative, which promotes European cooperation and co-financing to achieve sustainable development.