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Detail – Energy Country Profile

EBRD and Erste Bank Serbia partner to co-finance energy-saving homes

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Source: European Bank for Reconstruction and Development Flickr: www.flickr.com/photos/ebrd/albums/72157666155049661 The European

Bank for Reconstruction and Development, as the leading institutional investor in Serbia, partnered with Erste Bank Serbia to supply funding from for home energy efficiency through a 600 million dinars (EUR 5 million) loan for on-lending to residential clients. The loans come through the EBRD loan construction of Green Energy Financing Facility for the Western Balkans, implemented in partnership with the Energy Community Secretariat. The initiative aims to help households, housing associations and service providers in Serbia to invest in energy efficiency measures and renewable energy projects. The beneficiaries will implement energy efficiency measures and invest in solutions such as procuring heating equipment or thermal insulation material, heat pumps, retrofitting, photovoltaic panels, energy-saving lighting and other measures resulting in increased efficiency and savings. To read more about the initiative, please follow this link: seenews.com/news/ebrd-erste-bank-serbia-partner-to-finance-energy-saving-home-improvements-618402