North Macedonia Public Sector Energy Efficiency ProjectThe Project Development Objectives Are To I Reduce Energy Consumption In The Municipal Sector And Ii Support The Development And Implementation Of A Sustainable Financing Mechanism For The Energy Efficiency In The Public Sector The Project Aims To Achieve These Objectives By Enabling Investments Into Municipal And Central Government Owned Buildings And Use Of Renewable Energy Sources The Project Includes Three Components I Energy Efficiency Investments In The Public Sector Ii Technical Assistance Ta And Project Implementation Support Iii Initial Capital For The Proposed Energy Efficiency Fund Or Ee Fund Component 1 Energy Efficiency Investments In The Public Sector Under This Component Ee And Some Renewable Energy Re Investments Subprojects Would Be Undertaken In Public Facilities Covering Municipal Buildings And Public Lighting Central Government Buildings It Is Expected That These Subprojects Will Generate Demonstrable Energy Cost Savings And Social Co Benefits Which Would Form The Basis For Developing A Sustainable Mechanism Under The Proposed Ee Fund The Focus Will Be On Renovation Of Larger Buildings With High Energy Consumption That Typically Yield More Energy Savings This Component Would Support Preparation Of The Energy Audits And Technical Designs Renovation Works Construction Supervision And Final Energy Performance Certificates Component 2 Technical Assistance And Implementation Support The Draft Energy Efficiency Law Which Includes A Provision For The Establishment Of The Proposed Ee Fund Was Approved By The Government And Submitted To Parliament And Expected To Be Enacted Before The End Of 2020 This Component Will Be Used To Develop The Supporting Bylaws Additional Strategies And Plans And The Law Bylaw Regulation To Establish The Proposed Ee Fund Component 3 Initial Capital For The Proposed Ee Fund In Order To Ensure That The Ee Fund Is Established Within The Lifetime Of The Project And To Ensure That Investment Capital Is Available For The Fund Once It Is Established The Funds Would Be Used To Support Ee Fund Staff Operating Costs Marketing And Initial Audits Designs Investments
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