EBRD approves 1.5 mln euro loan to back green transition in N. Macedonia

The loan is intended to back investments in high-performance green technologies, materials and solutions undertaken in privately owned residential dwellings or buildings, the EBRD said in a project summary document.

The loan will be provided in one tranche under the Western Balkans Green Economy Financing Facility (GEFF) III.

GEFF is a 135 million euro programme co-financed by the EU, the Austrian Federal Ministry of Finance, and bilateral donors to the Western Balkans Investment Framework (WBIF). It is implemented in partnership with the Energy Community Secretariat under the umbrella of the Regional Energy Efficiency Programme for the Western Balkans (REEP Plus).

($ = 0.962 euro)