Super ESCO aims to facilitate investments in improving the energy performance of public buildings and to accelerate the reduction of greenhouse gas emissions. It will establish a sustainable financing mechanism for energy efficiency measures by promoting energy performance contracting and strengthening the capacities of Energy Service Companies (ESCOs).
MEERM – Moldova Energy Efficiency Revolving Mechanism
The World Bank will support the Republic of Moldova in implementing the Moldova Energy Efficiency Revolving Mechanism (MEERM) project. This project represents a continuation of the efforts and commitment of the World Bank and the Government of Moldova to address energy security in a cost-effective manner, while also contributing to climate change mitigation and tackling the issue of energy deficits.
The project builds on the results of the “Sustainable Transition through Energy Efficiency in Moldova (STEEM)” Project, supported by donor partners under the Energy Efficiency Program for Public Buildings in Moldova. It responds to the call of the Country Partnership Framework (CPF) for an urgent nationwide focus on efficient energy use.The Project Development Objective (PDO) is to improve energy efficiency in public buildings and to introduce a sustainable financing mechanism for energy efficiency.