Loan of 2.5 Million Euros to Armenian Bank for Projects Aimed at Energy Efficiency and Useful Use of Water Resources

Loan of 2.5 Million Euros to Armenian Bank for Projects Aimed at Energy Efficiency and Useful Use of Water Resources

EcoLur

Armswissbank has received a a EUR 2.5 million loan via Green Economy Financing Facility (GEFF) programme by the European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF). Funding will be available for investments in green technology, especially in climate adaptation and mitigation technologies. SMEs and corporate companies can be the main beneficiaries of the loan provided to   Armswissbank. Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems, as the official website of the EBRD informs.

It should be mentioned that Armswissbank is the second bank to join GEFF after the successful start of credit line with Ameriabank.

19:25 February 27, 2019


EcoAlarm

Hot Spots


Regions


Subscription

Subscribe to receive our latest news