Share the page
Energy Green Transition Programme
Project
This project is carried out with the support of the European Union
-
Project start date
-
Status
Ongoing
-
Project end date
-
-
Project duration
-
15 years
-
AFD financing amount
-
€ 65 000 000
-
Global financing amount
-
€ 70 000 000
-
Country and region
-
Location
-
Republic of Moldova
-
Type of financing
-
Beneficiaries
-
Republic of Moldova (Ministry of Finance)
-
Type of beneficiary
-
State
This project is carried out with the support of the European Union
The content of this project information sheet falls under the sole responsibility of the AFD and does not necessarily reflect the opinions of the European Union.
The Republic of Moldova is accelerating its transition towards a low-carbon economy while aligning with EU standards. Supported by AFD, this six-year programme (2023-2028) aims to modernize the energy sector, strengthen energy security, and enhance climate resilience through a structured and phased approach.
Context
Since joining the Energy Community in 2010 and signing the EU Association Agreement in 2014, Moldova has committed to extensive energy reforms. However, challenges remain, particularly in fully transposing EU directives. Recent global crises, including the Russian war of aggression in Ukraine, have further highlighted the urgency of enhancing energy security and accelerating the green transition.
Description
This program supports Moldova's reform agenda for EU alignment and sustainable energy development. Key priorities include:
- Efficient energy use: Reducing consumption and improving energy efficiency.
- Renewable energy: Boosting power generation from renewable sources.
- Energy security: Strengthening cross-border electricity interconnections.
- Policy framework: Upgrading regulations to attract private and public investments.
- Capacity building: Empowering institutions and operators for effective energy management.
Structured into six annual phases (2023-2028), the programme’s objectives are reviewed each year in coordination with the Moldovan Ministry of Finance. The first tranche (€40M) was implemented in 2023, paving the way for the second tranche (€25M) in 2024. Future tranche amounts will be defined each year.
Results
The program will align Moldova’s energy sector with EU standards, foster a regulatory framework conducive to climate investments, and enhance renewable energy capacity and energy security. These efforts will contribute to building a resilient, low-carbon economy.
Sustainable Development Goals
Affordable and Clean Energy
Goal 7 lies at the heart of today’s major challenges and tomorrow’s opportunities. Access to sustainable energy is essential not only for fighting climate change, but also for job creation, housing, connectivity, safety, food production, and more. This SDG represents a clear opportunity to transform lives, economies, and the planet.
