Poland—Residential Energy Efficiency Financing Facility (Poland REFF)
Client: European Bank for Reconstruction and Development
Duration: 2016-2018
Region: Eastern Europe and Central Asia
Country: Poland
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 builds on the success of the DAI-led Polish Sustainable Energy Financing Facility (PolSEFF), which provides similar energy efficiency financing to small and medium enterprises.
Sample Activities
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Promote the facility and support participating banks in their marketing efforts.
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Develop tools to help prospective borrowers choose appropriate equipment and materials to purchase, such as a List of Recommended Sustainable Energy Technologies (LEME) and an energy savings calculator.
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Maintain an advisory helpline for borrowers.
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Provide capacity building on energy efficiency financing to participating banks.
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