Energy Sustainability Fund

Last updated: 24 August 2021
Energy Sustainability Fund for research and technology development is funded by a levy on oil sales. Since its creation in 2008, it has dedicated USD 139 million to renewable energy research and technology projects. Contributions to this fund continue with the energy reform. With its recently approved and reformed legal framework, the Fund now has more flexibility and dynamism to invest resources in R & D but also in initiatives like talent development in which the Fund could not invest in the past.

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