Moldova Invests Over €348 Million in Building Energy Efficiency

Over €348 million invested in the energy efficiency of buildings between 2019 and 2025

Between 2019 and 2025, investment in the energy efficiency of buildings exceeded 348 million euros. The data can be found in the Court of Auditors’ report on the performance audit of energy efficiency in public buildings. The document states that, although the investments have helped to reduce energy consumption, there is no standardised mechanism to show how effective they are and what long-term savings they generate.

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According to the report, presented at the meeting of the Public Finance Control Committee, the investments came from both budgetary sources and external grants and loans. The funds were channelled towards the energy-efficiency refurbishment of schools, nurseries, hospitals and other public buildings. The investments included the thermal refurbishment of buildings, the insulation of walls and roofs, the replacement of windows, the modernisation of heating systems, and the installation of energy-efficient equipment and energy consumption monitoring systems.

The Court of Auditors’ audit examined the impact of the investments on energy consumption, budgetary expenditure, CO₂ emissions and the conditions of use of public buildings. During the audit, several authorities and institutions involved in the implementation of energy efficiency programmes were examined.

Issues regarding the utilisation of funds

At the same time, as Logos Press has previously reported, the Court found that only €1.3 million – representing around 2 per cent of the €72.4 million raised through external loans, including from the EIB, the EBRD and the European Commission’s Neighbourhood Investment Platform, for the energy efficiency of public buildings – had been utilised by 30 June 2026. Meanwhile, the project costs continue to be incurred. Interest charges on the PEEM loans totalled 223.5 thousand euros at the end of 2025.

Following the audit, the Court of Auditors made recommendations on strengthening the strategic framework, establishing measurable indicators for public buildings, developing a database on their energy performance, and setting up a single mechanism for monitoring the results of investments. The recommendations also cover the development of information systems, the monitoring of results after project completion, the management of waste containing asbestos and the monitoring of energy consumption.

The external public audit was carried out in accordance with the Court of Auditors’ audit programmes for 2025 and 2026.

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