Belarus hopes to raise international funds to implement of state energy efficiency program 2021-2025
<p> MINSK, Mar 4 - PrimePress. Belarus hopes to raise funds from international financial institutions to implement the state programme "Energy Saving" for 2021-2025. </p> <p> </p> <p> Alexander Danilenko of the Energy Efficiency Department of the State Committee for Standardization of Belarus, made a statement to this effect at a press conference on 4 March. </p> <p> </p> <p> Danilenko said that the 2021-2025 Energy Saving programme comes with a budget of Br4.213 billion (1.616 billion at the exchange rate of the National Bank of Belarus), including Br808.4 million ($310.1 million, $1/Br2.6073 Belarusian rubles) to be spent in 2021. </p> <p> </p> <p> In his words, the funding sources for the activities of the state program are the funds from the national and local budgets, companies' own funds, as well as loans from banks, including international financial institutions. </p> <p> </p> <p> “We are now working on a new project to expand energy use, the IBRD (International Bank for Reconstruction and Development - ed.) and the EIB (European Investment Bank - ed.) are involved in the project. We have attracted about €112m for the construction of energy sources, including about €56m from the World Bank (WB). The European Investment Bank has slowed down financing a bit, so we are still working with the WB,” Danilenko said. End </p>
2021-03-05
Primepress
Belarus hopes to raise international funds to implement of state energy efficiency program 2021-2025
MINSK, Mar 4 - PrimePress. Belarus hopes to raise funds from international financial institutions to implement the state programme "Energy Saving" for 2021-2025.
Alexander Danilenko of the Energy Efficiency Department of the State Committee for Standardization of Belarus, made a statement to this effect at a press conference on 4 March.
Danilenko said that the 2021-2025 Energy Saving programme comes with a budget of Br4.213 billion (1.616 billion at the exchange rate of the National Bank of Belarus), including Br808.4 million ($310.1 million, $1/Br2.6073 Belarusian rubles) to be spent in 2021.
In his words, the funding sources for the activities of the state program are the funds from the national and local budgets, companies' own funds, as well as loans from banks, including international financial institutions.
“We are now working on a new project to expand energy use, the IBRD (International Bank for Reconstruction and Development - ed.) and the EIB (European Investment Bank - ed.) are involved in the project. We have attracted about €112m for the construction of energy sources, including about €56m from the World Bank (WB). The European Investment Bank has slowed down financing a bit, so we are still working with the WB,” Danilenko said. End