U.s. Department of State

U.s. Climate Finance: Serbia (Climate Change) U.s. Department of State

The U. S. Agency for International Development (USAID) is investing $1 million in the Europe & Eurasia Low Emission Strategies and Clean Energy Development Program to encourage clean energy investment, improve energy security, and promote regional energy market development, focusing on Albania, Macedonia, Moldova and Serbia. In these countries, this work will support the implementation of the Enhancing Capacity for Low Emission Development Strategies (EC-LEDS) program, a whole-of-government program that supports partner countries? efforts to pursue low-emission, climate-resilient economic development. USAID will provide technical assistance to relevant ministries, utilities, regulators, and transmission system operators to build capacity for developing Low Emission Development Strategies (LEDS) and to harmonize policy, legal, and regulatory frameworks in the region, supporting an integrated and transparent regional energy market that will encourage clean energy investment and lower greenhouse gas emissions. The program will strengthen partner country capacity to evaluate low emission policy options, improve national greenhouse gas inventories, and adopt greenhouse gas monitoring, reporting, and verification procedures consistent with international standards.