Search

Search

Other ways to explore content

EBRD projects News stories Contacts

Supporting a Serbian housing association through the GEFF programme

Author: Bojana Vlajcic

In the face of soaring energy prices, many households across the Western Balkans are searching for ways to lower their heating and electricity bills.

The EBRD is working with local partner banks and donors to provide financing to households and housing associations, supporting investment in energy-saving measures through its Green Economy Financing Facility (GEFF) programme – part of the Regional Energy Efficiency Programme.

In a pioneering move, Erste Bank, one of the EBRD’s local partners for the GEFF programme, has become the first bank to issue a green loan to a housing association in Serbia, representing a significant milestone in energy efficiency investments for apartment buildings.

The EBRD’s GEFF programme for the Western Balkans is co-funded by the European Union through the Western Balkans Investment Framework, Austria, Denmark, Japan, and Austria and Switzerland through the High-Impact Partnership on Climate Action (HIPCA).

*The HIPCA as a whole is supported by Austria, Canada, Finland, the Netherlands, South Korea, Spain, Switzerland, TaiwanICDF and the United Kingdom”.

GEFF is part of the Regional Energy Efficiency Programme.

 

Video for media use

If you would like a broadcast-quality version of this or any other EBRD video, including B-roll, please contact our Communications Department.