The agreement is signed by Economy Minister Artane Rizvanolli, and Kosovo Energy Efficiency Fund Manager Njomza Hoxha.
According to the Ministry of Economy’s announcement, separate means will serve to support the Fund’s activity and advance its goals in the field of energy efficiency.
With this division, government financial support for the Fund, since 2019, totals 10m euros.
Support for the Kosovo Energy Efficiency Fund has been ongoing, where since 2019, the government has allocated tools worth a total of 10m euros, with the aim of supporting the scope and expansion of measures for energy efficiency across the country, said the ministry’s announcement.
Through these investments are aimed at improving living conditions and reducing energy spending through renovation of individual homes, multinational buildings, and facilities of public institutions.
The ministry estimates that such measures have a direct impact on family economies, enabling warmer residences during winter and cooler summers, as well as long-term savings on energy bills.
In addition to the benefits for citizens, according to the institution, investments in the sector also help reduce the burden on the electromagnetic system and strengthen the country’s energy security.
The economy ministry has announced that it will continue supporting programmes aimed at more efficient use of energy.
The Ministry of Economy will continue to support policies and programmes promoting efficient use of energy, establishing citizens’ welfare and sustainable development at the centre of public investments, the report said.
Source Layer: RTKLive