Forty-six schools will undergo energy renovations, potentially reducing energy consumption by up to 65%. Today, Minister Victor Parlicov and Inguna Dobraja, the World Bank’s Country Director for Moldova, signed a loan agreement between Moldova and the International Bank for Reconstruction and Development (IBRD) for the implementation of the “Sustainable Transition to Energy Efficiency in Moldova (STEEM) project.”
“By signing this agreement, we take an important step towards ensuring a sustainable transition to energy efficiency in Moldova. Investments in the energy renovation of schools and public buildings will significantly reduce energy consumption, and will bring direct benefits to thousands of students, teachers, and staff. This project will help modernize our infrastructure and improve the quality of life for our citizens,” said Victor Parlicov during the event.
“This project represents a significant effort by the government to ensure energy efficiency in public buildings and to improve the centralized heating system in Moldova. It is the first in a series of energy efficiency projects supported by the World Bank in Moldova. Also, it is an important part of the national program on energy security and efficiency. Additionally, these investments will help address climate change and energy poverty, a major issue in Moldova,” said Inguna Dobraja, the World Bank’s Country Director for Moldova.
FOR THE MOST IMPORTANT NEWS, FOLLOW US ON TWITTER!
The project’s main activities include the energy renovation of 46 schools in Moldova. These renovations will involve insulating walls and roofs, replacing windows and doors, upgrading the internal heating system, and improving lighting efficiency. Additionally, the project will install heat pumps, solar thermal collectors, and photovoltaic panels on the existing school roofs. These measures will provide direct benefits to over 46,000 students, teachers, and staff, ensuring a higher level of comfort.
The “Sustainable Transition to Energy Efficiency in Moldova” project has a total budget of $54.5 million. The IBRD will provide $50 million loan, while the Multi-Donor Trust Fund “Moldova – Development, Resilience, and Opportunities for Prosperity (M-GROW)” will grant $4.5 million. The project will run from 2024 to 2029 and the Consolidated Unit for Project Implementation and Monitoring in the Energy Sector (CUPIME) will manage it.