The European Commission has launched the Secretariat of a new initiative to help coal regions in the Western Balkans and Ukraine transition away from coal towards a carbon-neutral economy.
According to the Commission, mirroring the successful EU Initiative for coal regions in transition, the newly established secretariat will deliver support to coal regions in Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, Serbia, and Ukraine.
The Commission said 17 regions with significant coal mining activities and coal-based energy production will be the key beneficiaries. The initiative’s secretariat will provide direct support for its implementation and ensure collaboration across the diversity of institutions and actors that the initiative will engage, the Commission said in a press release on February 15.
Return to state regulation in gas market means rollback in implementation of reform – Kopač 4 min read
The return to state regulation of the price on the gas market is a huge step back in the process of reforming this market, Head of the European Energy Community Secretariat Janez Kopač has said.
The gas market has become a success story in 2018, as well as in 2020 with the abolition of public special obligations (PSO) for households. Now, this has changed and means a huge step back, Kopač said at the Energy Club discussion on the topic Will Ukraine continue the reform of the gas market? held on Thursday.
EBRD lending 1 mln euro to N. Macedonia s Komercijalna Banka to back green investment Photo: EBRD
SKOPJE (North Macedonia), December 31 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said it is extending a 1 million euro ($1.2 million) loan to Komercijalna Banka Skopje [MSE:KMB], to support green investments in North Macedonia s residential sector.
The loan, provided to the largest bank in North Macedonia under the EBRD’s Green Economy Financing Facility (GEFF), will be used to finance investments in high-performance green technologies, materials and solutions in privately-owned houses or residential buildings, the EBRD said in a statement on Wednesday.
GEFF is implemented under the umbrella of the Regional Energy Efficiency Programme for the Western Balkans (REEP Plus), funded by the EU and implemented in partnership with the Energy Community Secretariat. Komercijalna Banka Skopje is the fifth bank in the country to join GEFF.
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EBRD and Komercijalna Banka Skopje promote green investments in North Macedonia
Loan under Green Economy Financing Facilities (GEFF)
Financing energy-efficient investments in the residential sector The European Bank for Reconstruction and Development (EBRD) is supporting green investments in North Macedonia with a €1 million loan to Komercijalna Banka Skopje under the EBRD’s Green Economy Financing Facility (GEFF). The funds will be available for green investments in the country’s residential sector. This will include investments in high-performance green technologies, materials and solutions undertaken in privately-owned residential dwellings or buildings. Andi Aranitasi, EBRD Head of North Macedonia, said: “We are pleased to expand our green activities in North Macedonia and to welcome Komercijalna Banka Skopje on board. Supporting green investments is one of our key priorities and we are glad that the largest Macedonian bank is joining us in this endeavour. Connect