Delegation of the European Union to Armenia

EU Sustainable Energy Week in Armenia – EIB and multi-donor fund E5P spearhead the rehabilitation of kindergartens in Yerevan

Yerevan, 08/06/2018 - 00:00, UNIQUE ID: 180612_4
Press releases

A pioneer project in Armenia will make buildings more energy efficient and resilient to earthquakes. Almost 150 kindergartens will benefit from the EUR 5m grant from the Eastern Europe Energy Efficiency and Environment Partnership (E5P) to which the European Union is the largest contributor. The project is jointly implemented by the EIB, the Municipality of Yerevan, the Green Climate Fund and UNDP. The grant completes the EIB loan of EUR 7m signed in 2017

The European Investment Bank (EIB) signed on June 08 with the multi-donor fund E5P and the Municipality of Yerevan a pioneering grant agreement of EUR 5m to support an unprecedented upgrading of public buildings in the Armenian capital, Yerevan. The Eastern Europe Energy Efficiency and Environment Partnership, or E5P, is a EUR 200m fund supporting municipal investments in energy efficiency and environmental projects in the Eastern Partnership countries.

For more visit: http://www.eib.org/infocentre/press/releases/all/2018/2018-145-eu-sustainable-energy-week-in-armenia-eib-and-multi-donor-fund-e5p-spearhead-the-rehabilitation-of-kindergartens-in-yerevan.htm

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