Western Balkans

*This designation is without prejudice to positions on status, and is in line with UNSCR 1244 and the ICJ Opinion on the Kosovo declaration of independence.

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News archive - EBRD and Partners Launch Energy Efficiency Programme in Serbia

The EBRD has officially announced the start of a new Green Economy Financing Facility (GEFF) in Serbia that will provide loans to households for energy efficiency improvements. Incentives and technical cooperation in support of green technology investments will be provided by the European Union (EU), the Austrian Federal Ministry of Finance and the European Western Balkans Joint Fund (EWBJF) under the Western Balkans Investment Framework (WBIF).

This financing comes as part of a larger €85 million GEFF programme for the Western Balkans and is implemented under the Regional Energy Efficiency Programme for the Western Balkans (REEP Plus). The programme is a joint initiative of the EU, bilateral donors and beneficiary countries cooperating under the Western Balkans Investment Framework (WBIF). REEP Plus is implemented by the EBRD in close collaboration with the Energy Community Secretariat.

In total, the REEP Plus programme will benefit from €135 million for investments in the residential sector, supported by €30 million in EU funding and €1.8 million from the European Western Balkans Joint Fund, as well as €3.3 million provided by the Austrian Federal Ministry of Finance. The programme also provides policy support for harmonising the countrys regulations on energy efficiency performance in buildings with the relevant European Directives.

More information:

EU Delegation to Serbia (Serbian language)

Green Economy Financing Facility

Energy Community Secretariat

Source

Geographical focus

Serbia
Western Balkans

Scientifc field / Thematic focus

Engineering and Technology
General

Entry created by Admin WBC-RTI.info on October 1, 2018
Modified on October 10, 2018

Western Balkans Info Hub - powered by "Policy Answers" - is funded by the European Commission through the Horizon Europe project "R&I policy making, implementation and support in the Western Balkans", grant agreement: 10105887. The portal builds upon previous initiatives, such as for instance WBC-RTI.INFO and WBC-INCO.NET, which were funded under different Framework Programmes (FP) for Research and Technological Development (RTD) of the European Commission and other contracts.

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