How to reduce energy consumption in Serbia?

By Bojana Vlajcic

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EBRD credit line and EU, Austria and WBIF grants promote energy efficiency

With solar panels financed with EBRD’s GEFF loan and EU grants for energy efficiency, the house of Nikola Rađenović from Belgrade is now completely powered by solar energy.  

Although such home improvements can noticeably reduce energy use and long-term associated costs, the initial financial outlay can be high. To help homeowners invest in green solutions, GEFF provides technical assistance and grants, supported by the European Union (EU), the Austrian Federal Ministry of Finance and the Western Balkans Investment Framework (WBIF).


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