Poland granted €75m for home energy efficiency

Funding worth €75 million (£58.6m) has been granted to improve the energy and resource efficiency of residential buildings in Poland. Bank Zachodni WBK will sub-loan the funds to homeowners, housing […]

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By Priyanka Shrestha

Funding worth €75 million (£58.6m) has been granted to improve the energy and resource efficiency of residential buildings in Poland.

Bank Zachodni WBK will sub-loan the funds to homeowners, housing associations and private sector organisations for projects that will tackle high energy and water consumption.

Households in Poland uses around 40% of the country’s primary energy, according to the European Bank for Reconstruction and Development (EBRD), which is providing the money.

It adds the heating of the residential building stock in Poland depends on coal and uses the largest share in the EU.

Phil Bennett, EBRD First Vice President, said: “We are pleased to sign this loan today because it will allow us to make a meaningful contribution to energy and resource efficiency improvements both from an economic and an environmental viewpoint this is very important for Poland.”