INDEP and KOSID: the Energy Efficiency Fund should be a priority for the Government and Kosovo’s energy sector
Today, the Institute for Development Policy (INDEP) in collaboration with the Kosovo Civil Society Consortium for Sustainable Development (KOSID) organised the roundtable “Funding Energy Efficiency in Kosovo – Benefits and Barriers,” where a policy paper was presented discussing the topic at hand. The policy paper highlights the current state of affairs of the energy sector and positions Energy Efficiency as a top priority for energy policy in Kosovo.
In his opening speech, Blerand Stavileci – the Minister of Economic Development, stressed the importance of the roundtable and its timely discussion, especially as the Ministry has emphasised the implementation and operationalisation of the Energy Efficiency Fund. According to the Minister, the Government has two primary objectives with regard to the energy sector, which are: a sustainable supply of energy and instilling affordable energy prices for all consumers. A core element of the above, Minister Stavelici pointed out, is the implementation of energy efficiency measures. The Minister also mentioned two specific projects – financed by World Bank and KfW – that have sought to improve the energy efficiency of public buildings. Subsequently, he pointed out that the Energy Efficiency Fund would be a more suitable alternative to cover the residential, commercial, and private sector.
Visar Azemi, KOSID’s coordinator, made explicit that the notion of an Energy Efficiency Fund has existed for quite some time but it did not have sufficient institutional backing to become a real prospect. He further expressed that the benefits to be had from investments in energy efficiency measures are manifold, ranging from sustainable economic development and job creation to environmental protection and climate mitigation. It is a must, Mr. Azemi highlighted, that the establishment of an Energy Efficiency Fund be a priority of the Government and the energy sector.
During the presentation ofINDEP’s policy paper “Funding Energy Efficiency in Kosovo – Benefits and Barriers,”the author Gent Ahmetaj, highlights that the study is informative and contains concrete recommendations on how to operationalize an Energy Efficiency Fund in Kosovo’s context.
One of the main recommendations included the presentation of a conceptual model for the functionalization of the Energy Efficiency Fund in Kosovo. Among other things, INDEP recommends that the Energy Efficiency Fund be a revolving fund, which enjoys its own legal and independent status.The creation of an Energy Efficiency Fund would precipitate two immediate measures, a mechanism to deliver energy efficiency services and a mechanism to monitor and evaluate the savings achieved. Considering that Kosovo’s energy demand is on an ever-increasing trajectory, there is an exigency to take concrete steps that would facilitate the implementation of energy efficiency measures, better use of energy by the general population, and a betterment of the current energy situation in Kosovo.
The roundtable included the presence of representatives from several Embassies and other international and local organisations, and a large number of media outlets and interested groups/stakeholders.
The policy paper can be downloaded by clicking HERE.
The Rockefeller Brothers Fund has financed this roundtable event.