Economy
Posted: 1 month ago

EBRD to Allocate USD 40 Million for the Development of Energy Efficient Buildings in Georgia

The European Bank for Reconstruction and Development (EBRD) will allocate € 40 million to increase energy efficiency in Georgian buildings.

The fund will be allocated under a $ 50 million project that will be used to renovate 250 public buildings and increase energy efficiency.

The Green Building Investment (GRIB) project concept has already been discussed. The approval date is December 9, 2020.