EIB provides a €1.5 million grant for energy efficiency in Pristina News | WeBalkans

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23/06/2022

EIB provides a €1.5 million grant for energy efficiency in Pristina

Kosovo

The European Investment Bank (EIB) – the lending arm of the EU – has provided a €1.5 million technical assistance grant through its new EIB Global branch to finance the project preparation for the expansion of the district heating system in Pristina. The project will lead to a more energy-efficient heating system for the city, helping to reduce air pollution and improve living conditions for some 210,000 people.

 

The EIB technical assistance will support the development of a decarbonisation plan for the heating system in Pristina, the preparation of necessary environmental and social impact assessments, and the project implementation. The funds are being provided as part of the Bank’s and the European Union’s response to strengthen key infrastructure that improves people’s lives. With the aim of supporting resilient and inclusive growth in the Western Balkans, the EU bank provides financial support for infrastructure and private sector development.

 

Since the start of the pandemic, the EIB has provided €70 million for Kosovo to support the faster recovery of small businesses and the construction of wastewater treatment plans in Gjilan and Mitrovica.

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Source: EIB

Photo credits: EIB

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