MFK and South Mitrovica sign an MoU on Apartment Building Retrofitting in the Municipality
The Millennium Foundation Kosovo (MFK) and the Municipality of South Mitrovica, signed a Memorandum of Understanding (MoU) to foster cooperation on the implementation of Subsidies Energy Efficiency Retrofits (SEEK) in multi-family apartment buildings (AER) in South Mitrovica.
Through AER Intervention, MFK will invest over 20 million euros in retrofitting circa 700 apartment units in 7 different municipalities as well as around 2800 households in all of Kosovo, while investing in energy efficiency measures, reducing the consumption of electricity for heating as well as increasing consumer awareness of energy-saving measures and their long-lasting benefits. Municipalities participating in this program were chosen by the World Bank.
The MoU aims to reinforce collaboration that ensures successful implementation of the AER project activities and support MFK’s continuous efforts to improve electricity supply through promoting energy saving measures. In addition, the MOU reconfirmes commitment to strengthening organizational structures, focusing efforts on providing incentives for improving energy efficiency measures and reducing the electricity demand and related costs in the residential sector.
Petrit Selimi, MFK’s CEO has thanked Mayor Bahtiri on his close cooperation and has stated that MFK with the support of MCC is looking forward to test best solutions to help manage the energy demand of Kosovar households and municipalities, as other institutions are working in parallel to manage the supply through new sources of energy generation.
Sarah Olmstead, MCC Country Director, pointed out “MCC is so excited to reaffirm the partnership between MFK and the Municipality of South Mitrovica. As the snow falls outside, this is a particularly appropriate time to be witnessing this agreement. I expect this program to provide a lot of learning about the scale of investments that can provide good returns on investment in apartment buildings and help residents feel more comfortable in their own homes.”
The Mayor, Agim Bahtiri, expressed his gratitude over MCC’s investment which according to him will significantly improve the life of the citizens in the municipality. ‘This MoU is of great importance as it directly contributes to the quality of life of our citizens, and the Municipality of South Mitrovica is committed to support any project with such a cause’ – the Mayor added.
In late 2020, MFK signed an agreement with the Municipality of Lipjan, and under the Subsidies for Energy Efficiency Kosovo (SEEK) project, MFK will sign Memorandums of Understanding with 5 other municipalities in Kosovo, including Prishtina, Gjakova, Vitia, Gracanica and Novo Berde, aiming to contribute towards reducing energy consumption through energy efficiency subsidies and other incentives.
SEEK is an activity valued at over 20 million euro, and is part of “Reliable Energy Landscape Project” (RELP), supported by Millennium Challenge Corporation (MCC), implemented by the MFK with its overarching objective to reduce the gap between energy demand and supply, through three main intervention packages: Household Efficiency Retrofits (HER); Apartment Building Efficiency Retrofits (AER), and Women Energy Entrepreneur (WEE).