Energy efficiency investments by MFK launched in Novobërdë
Works have commenced for the implementation of energy efficiency measures in Apartment Buildings in the Municipality of Novobërdë, as part of Apartment Building Efficiency Retrofit (AER) activity.
Upon the signing of the agreement between MFK and the Municipality of Novobërdë earlier this year, the latter commits to work closely with MFK regarding the implementation of measures related to Apartment Building Efficiency Retrofit (AER), by co-financing the project and further developing and improving energy efficiency measures in the municipality.
AER is part of the Reliable Energy Landscape Project supported by Millennium Challenge Corporation, aiming at reducing the energy/electricity demand and related costs in the residential sector.
Millennium Foundation Kosovo (MFK) is an accountable entity responsible for implementation of the $49 million Threshold agreement, signed by the Republic of Kosovo and MCC in 2017. MFK’s mission statement calls for accelerating Kosovo’s transition to energy independence and good governance. The Kosovo Threshold Program addresses two key constraints to Kosovo’s economic growth: an unreliable supply of electricity; and real and perceived weakness in rule of law, government accountability and transparency.