Armenia, Georgia and Moldova join Eastern Europe Energy Efficiency and Environment Partnership

(LEXEGESE) - Armenia, Georgia and Moldova have joined the Eastern Europe Energy Efficiency and Environment Partnership (E5P) in a move to significantly boost their support for energy efficiency and the reduction of harmful emissions. During a pledging conference held on Monday 21 October at the European Investment Bank (EIB) in Luxembourg, the international donor community raised an additional € 60 million to enable expansion of the activities of the E5P Fund. According to EIB, Eastern Partnership countries face a challenging energy environment. Most are highly dependent on expensive imported gas, which places a heavy burden on their economies. On average, they are also three times more energy-intensive than the average EU country. Therefore it is particularly important to develop their potential for energy efficiency, which will contribute to energy security and economic competitiveness. In turn, this will have a positive impact on the environment ...Zum vollständigen Artikel

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