North Macedonia: Accelerating Coal Transition (ACT) Investment Plan

North Macedonia's investment plan under the Climate Investment Funds' Accelerating Coal Transition programme, developed by the government together with the European Bank for Reconstruction and Development and the World Bank Group. CIF is committing USD 85 million in concessional loans and grants, expected to mobilise over USD 591 million in co-financing by 2030. The plan has three components: retiring coal assets and repowering with renewable energy, socio-economic regeneration of the Pelagonia and Southwest regions, and energy efficiency, clean heating and distributed generation. It targets the retirement of 824 MW of coal capacity, 400 MW of new renewable capacity and 100 MW of storage.

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