(2) This action includes the EU contribution to the Regional Energy Efficiency Programme (REEP) for the Western Balkans Six, designed to assist the WB6 in decarbonising their economies by promoting investments in renewable energy and energy efficiency measures across residential, public and private sectors.
This action specifically supports the implementation of the Economic and Investment Plan for the Western Balkans and the accompanying Green Agenda for the Western Balkans. The EIP communication identifies 10 flagships with the expectation that these would unlock significant investments, in particular in the field of digital, sustainable transport, clean energy transition and environment.
To support the implementation of EIP flagship investments, this action foresees the provision of technical assistance and investment grants through the Western Balkans Investment Framework (WBIF) during the period 2021-2023. The action also provides for the provisioning of the Western Balkans Guarantee Facility.