The present study is devoted to identifying possibilities of abating GHG emissions, through the intermediary of the energy sector rehabilitation and implementing renewable energy sources. We hope that the present work will be useful for the policy makers in taking their decisions concerning socio-economic development strategies of the country and energy sector, for the specialists from the energy sector and environment protection, for businessmen, investors, and for the non-governmental sector, simultaneously contributing to consolidating the institutional and social framework which would favor the participation of the Republic of Moldova, together with other countries, in resolving this global problem – climate change.