green energy transition

New €10 million credit line expands Serbia’s residential green-energy transition

Serbia’s green-energy transition gained new momentum after 3 Banka and the European Bank for Reconstruction and Development finalised a €10 million financing agreement aimed at improving energy efficiency across the country’s residential sector. The credit line, structured under the Western Balkans Green Energy Financing Facility, opens the door for households, housing associations and small residential communities to access funding for modernisation projects that reduce energy consumption and lower heating and cooling costs. The initiative arrives at a critical moment for…