Sweden has provided EUR 26 million ($27.4 million) to Moldova’s energy sector to support vulnerable households during winter and contribute to long-term energy efficiency and infrastructure expansion. The support package, which includes 17.9 million for the European Bank for Reconstruction and Development and 9 million for the energy fund established by Moldova and the United Nations Development Program, aims to help vulnerable households survive the winter. Sweden is one of the largest bilateral development assistance donors for Moldova, having provided nearly 17 million ($17.9 million) in ongoing reform support in 2023.
The International Energy Agency (IEA) reports that Moldova’s covers only about 25% of its energy demand by domestic production, with solid biomass and renewable sources. The country imports 100% of gas, coal, oil, and electricity.
Johan Forssell, the Swedish Minister for International Development Cooperation and Foreign Trade said: “Moldova has been severely affected by Russia’s full-scale invasion of Ukraine. With this support package, we will help Moldova at this critical stage. The support will help vulnerable households survive the winter.”