Serbia has ambitious goals to raise the share of energy consumption from renewable sources to 27 % by 2020. This includes adding almost 500 MW of wind power capacity as part of a shift away from coal-based generation. The GGF is playing a vital role in this transition through its support of an expected 200 MW of this growth, approximately 40% of the country’s target, by providing financing both through local financial institutions, as well as directly to projects in collaboration with international financial institutions.
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