Energy Efficiency

Erste Bank gets EUR 5 million loan from EBRD to on-lend for home energy efficiency

Photo: Pixabay

Published

July 2, 2018

Country

Comments

0

Share

Published:

July 2, 2018

Country:

Comments:

0

Share

Erste Bank has become the first Serbian bank to receive financing from the European Bank for Reconstruction and Development (EBRD) for home energy efficiency through a RSD 600 million (equivalent to EUR 5 million) loan for on-lending to residential clients.

Erste Bank’s home energy efficiency loans are aimed at citizens planning to invest in energy efficient solutions for their homes, such as replacing windows or doors, façade retrofitting, procuring heating equipment or thermal insulation material, photovoltaic panels, heat pumps, energy-saving lighting and other measures resulting in increased efficiency and savings.

The loan comes under the EBRD EUR 85 million Green Economy Financing Facility for the Western Balkans, implemented in partnership with the Energy Community Secretariat. The initiative is designed to help local households, housing associations and service providers invest in energy efficiency measures and renewable energy projects.

Incentives and technical cooperation in support of green technology investments will be provided by the European Union, the Austrian Federal Ministry of Finance and the European Western Balkans Joint Fund under the Western Balkans Investment Framework.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Minister Dubravka Dedovic Djedovic Handanovic Female Leader of Energy Transition award

Minister Dubravka Đedović Handanović receives Female Leader in Sustainable Energy award

29 September 2023 - President of CPOR and Cofounder of WISE Serbia Branislava Jovičić handed the Female Leader in Sustainable Energy award to Minister Dubravka Đedović Handanović

WISE Serbia Women leaders of energy transition myth reality

WISE Serbia: Women leaders of energy transition are no myth but reality

25 September 2023 - The conference Women of Serbia in Sustainable Energy – Leadership for the Energy Transition was organized by the WISE Serbia women's network

eihp nzeb building Vesna Bukarica, Drazen Jaksic Margareta Zidar

Energy Institute Hrvoje Požar to achieve nearly zero energy standard in its building

19 September 2023 - The office building renovation is part of a larger project, Establishment of the National Training Center for Almost Zero Energy Buildings

Heat pumps twice as efficient as fossil fuel heating - study

Heat pumps twice as efficient as fossil fuel heating – study

14 September 2023 - A new study has found that heat pumps are twice as efficient as fossil fuel heating, even at lower temperatures