Climate Protection: Eco-Loans in Serbia | Global 3000
- 13 years ago
Serbia's energy sector is in urgent need of modernization. Demand is rising, but there is still far too much waste from ageing power lines. To fix problems like these, the German state-owned development bank has earmarked more than 50 million euros for subsidized-interest loans to Serbian companies.
To qualify for an eco-loan, a company has to cut its energy consumption or its carbon-dioxide emissions by at least 20 percent. Some of the business operators have their eyes on the savings they can make from the modernization. Others are motivated by their own ideals to take steps to protect the climate.Tamara Jelicic took over her parents'restaurant two years ago. Now, a heat pump in the basement keeps the restaurant as warm or cool as needed in an environmentally friendly way. Solar panels on the roof supply electric power.
To qualify for an eco-loan, a company has to cut its energy consumption or its carbon-dioxide emissions by at least 20 percent. Some of the business operators have their eyes on the savings they can make from the modernization. Others are motivated by their own ideals to take steps to protect the climate.Tamara Jelicic took over her parents'restaurant two years ago. Now, a heat pump in the basement keeps the restaurant as warm or cool as needed in an environmentally friendly way. Solar panels on the roof supply electric power.