Moldova could receive a grant of €20 million from the Eastern European Energy Efficiency and Environment Partnership (E5P) for increasing energy efficiency, especially at municipal enterprises. The Government of Moldova has initiated negotiations in this respect, IPN reports.

Deputy Prime Minister and Minister of Economy Andrian Candu said that Moldova can benefit from the €20 million by contributing only 1 million lei to supplementing the E5P Fund.

The Eastern European Energy Efficiency and Environment Partnership Fund was created by the Government of Sweden in cooperation with international financial institutions in 2009, with a capital of about €93 million.