The Green Economy Financing Facility, supported by the EBRD and the European Union, has reached 25,000 households across the Western Balkans. Marking the milestone with a family in Vrčin near Belgrade, the initiative provides loans and grants to improve residential energy efficiency, cut electricity costs, and install clean energy technologies such as solar panels and heat pumps across the region.
The European Bank for Reconstruction and Development has approved a €25 million local currency loan for Tavan Bogd Holdings. The capital will fund the first phase of the Gerlug Green Complex in Ulaanbaatar, a mixed-use development creating sustainable housing for 1,000 people and commercial space for 30 businesses while targeting international EDGE green certification.
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