Montenegro—Renewable Energies and Energy Efficiency Facility (RE-EE)

Client: Kreditanstalt for Wiederaufbau

Duration: 2005-2009

Region: Eastern Europe and Central Asia

Country: Montenegro

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. DAI established a facility to promote renewable energies and energy-efficiency related investments. DAI, in partnership with Encon Services, was contracted by Kreditanstalt for Wiederaufbau (KFW) to assist in the implementation of the Renewable Energies and Energy Efficiency Facility (RE-EE) Facility in Montenegro.

Select Results

Facilitated and promoted the development of a market for renewable energies and energy efficiency investments in Montenegro.
Provided training measures for the personnel of the partner banks regarding the extension of loans for renewable energies and energy efficiency investments.
Assured, in a sustainable manner, an efficient and ecological energy supply in Montenegro was provided.

Worldwide—Support the Secretariat of the Global Covenant of Mayors for Climate and Energy

The Support the Secretariat of the GCoM for Climate and Energy project develops, monitors, and leads climate and sustainable energy action and diplomacy globally through the local level, supporting the implementation of the Paris Agreement, the 2030 Agenda and the Sustainable Development Goals, and other United Nations’ initiatives on climate change and cities.