A high degree of inefficiency and pollution are major challenges facing the Montenegrin energy sector, besides the necessity of general rehabilitation measures. The economic potential for investments in renewable energies and energy efficiency measures in Montenegro is high and - due to a lack of information, awareness and financial means - far from being used to full capacity. Accordingly, a facility will be established to promote renewable energies and energy efficiency related investments (the so-called RE-EE Facility Montenegro). DAI Europe, in partnership with Encon Services, has been contracted by KFW to assist in the implementation of the RE-EE Facility in Montenegro, and facilitate and promote the development of a market for renewable energies and energy efficiency investments. Furthermore, DAI consultants will provide training measures for the personnel of the partner bank(s) regarding the extension of loans for renewable energies and energy efficiency investments. Overall, the programme objective is to assure in a sustainable manner that an efficient and ecological energy supply in Montenegro is provided. This shall contribute to economic and social development as well as to environment protection and sound use of resources in Montenegro.