Client: European Bank for Reconstruction and Development
Region: Eastern Europe and Central Asia
Solutions: Environment and Energy
Poland is one of the most energy-intensive economies in Europe and the Polish government identified increased energy efficiency as one of its top priorities when developing the country’s long-term energy policy. The European Bank for Reconstruction and Development (ERBD) Polish Residential Energy Efficiency Financing Facility (Poland REFF) will address this goal through a program of targeted loans to incentivize borrowing for household improvements that increase efficiency and reduce energy consumption.
Over the course of the project, the ERBD will disperse €200 million through local banks in Poland to borrowers ranging from single family households to commercial residential developers and property owners. DAI, as a subcontractor to the Polish Foundation for Energy Efficiency (FEWE), will provide technical assistance to support the implementation of the facility.
Poland REFF will build on the success of the DAI-led Polish Sustainable Energy Financing Facility (PolSEFF), which provides similar energy efficiency financing to small and medium enterprises.
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