GEFF – Green Economy Financing Facility – provides financing through participating banks and free consultancy through Tractebel Engineering, the facility consultant for the residential sector to purchase, rehabilitate a cost-effective home, or reduce energy costs by installing energy efficient equipment and technologies in the residential sector.

The facility supports the transition to the green economy in Romania with a € 100 million funding for energy efficiency and renewable investments in small capacities. GEFF is a product of the European Bank for Reconstruction and Development (EBRD), with the support of the Global Environment Facility (GEF) and the Taiwan International Cooperation and Development Fund (TaiwanICDF).

The first Financial Participating Institution (IFP) in Romania was Banca Transilvania, which has 40 million euros for GEFF mortgages for the purchase of new energy-efficient housing and for GEFF consumer loans for the acquisition of energy-efficient eligible technologies.

In December 2017, two other Romanian financial institutions joined the program, UniCredit Bank and UniCredit Consumer Financing, thus expanding with another 45 million euros the range of financing offered to customers who want to invest in green real estate solutions.

For more information, visit the facility’s website or contact the facility consultant Tractebel Engineering by sending an email or using the help line 031 22 48 104.

Tractebel Engineering representatives invite you at energynomics.ro “Smart Buildings – What We Need for Having More” (Energy Breakfast Club, on February 28), where you can discuss the solutions that best suit you.