This report, developed by the International Renewable Energy Agency (IRENA) and the United Nations Development Programme (UNDP) under the Climate Promise cooperation framework sets out to identify barriers and provide recommendations for de-risking of renewable energy investments, to support North Macedonia accelerate the implementation of its enhanced NDC.
The report presents an overview of the renewable energy finance and policy landscape in North Macedonia; identifies barriers and associated risks which can hold back private-sector investment in renewable energy, focusing on power and heating and cooling; and presents recommendations on policy frameworks and financial de-risking instruments to scale up renewable energy investments, taking into account the need for a post-Covid recovery agenda that aims to achieve resilience, development, and equality.
The report can be downloaded here
