Moldova will receive a €25 million loan from the French Development Agency (AFD) to support the energy sector and advance reforms tied to the green energy transition, following a government decision to begin negotiations on the agreement.
The loan, provided under the Green Energy Transition Programme, will be disbursed in a single installment. During a cabinet meeting, Finance Minister Victoria Belous explained that the funds will:
- Enhance energy security,
- Promote sustainability, and
- Support climate adaptation efforts in Moldova.
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Key Conditions and Commitments:
To unlock the funding, Moldova must implement 16 specific actions, including:
- Amending the legal framework to better protect vulnerable energy consumers,
- Adopting regulations for guarantees of origin for electricity produced from renewable sources.
National Energy Goals:
- 30% renewable electricity share in overall consumption by 2030,
- 27% renewable share in final energy consumption.
As of 2024, Moldova had reached a 16.7% share of renewable electricity, with estimates suggesting a rise to 27% by the end of 2025.
This agreement reflects Moldova’s broader push toward energy independence, alignment with EU climate standards, and the development of a resilient, low-carbon economy.