reegle

Bulgaria
show location

http://www.bgeef.com

The Bulgarian Energy Efficiency Fund (BgEEF) is a legal entity, established in accord with Chapter 4, Section I of the Energy Efficiency Act (EEA). BgEEF manages the financial resources received by the Republic of Bulgaria from the Global Environment Facility (GEF) through the International Bank for Reconstruction and Development (IBRD) and from other donors. BgEEF is an independent legal entity, separate from any governmental agency or institution, and performs its activity in accordance with the EEA, the current legislation framework and the agreements with the major donors.

BgEEF is structured as a self-sustainable commercial entity that concentrates its efforts on facilitating energy efficiency (EE) investments and on promoting the development of a working EE market in Bulgaria. The Fund's main environmental objective is to support identification, development and financing of viable EE projects, resulting in substantial reduction of greenhouse gases (GHGs).

1. Actor:

   Financing, Other governmental organisations

2. Sector:

   Energy efficiency (general)

3. Activity:

   Bulgaria