Renewable Energy Resources Project

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The Renewable Energy Resources Project for Croatia aims at reducing greenhouse gas emissions on a continuous basis by overcoming barriers to implementation of renewable energy. Performance indicators for the global objective include: Reductions in carbon dioxide emissions at the national and project levels; and Increased share of new Renewable Energy Resources (RER) in national energy supply. The project will achieve the objectives by: (i) Overcoming the barriers to market development, including: (a) legal (e.g., lack of enabling policy and legal framework, inadequate planning capacity, unclear permitting and licensing procedures, unclear land ownership); (b) financial (e.g., lack of understanding of renewable energy in banking and business community, lack of risk capital); and (c) technical (e.g., potential strain on transmission system). (ii) Providing assistance to confirm market potential, build knowledge and implementation capacity, streamline procedures, monitor compliance with minimum share targets, and inform the public.