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                        FRIDAY, DECEMBER 15, 2017
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EBRD increases compensation to 35% for energy efficiency loans
Journal Staff Report

KIEV, July 11 - The European Bank for Reconstruction and Development (EBRD) increased the amount of compensation for loans received for implementation of energy efficient activities within the IQ Energy program to 35% of the loan amount from 15% and 20% earlier, according to a press release from the bank.

"By decision to increase the size of grants up to 35% of the total loan amount we aspire not only to help the citizens of Ukraine to insulate and rehabilitate their houses, but also, which is much more important in the long run, to consciously shift to sustainable consumption of energy resources through the use of modern energy-efficient technologies," EBRD Director for Ukraine Sevki Acuner said.




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