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News
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04.07.2007
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On July 4th in Berlin the General Manager of KredEx Andrus Treier signed a declaration of common interests in a cooperation meeting on energy saving issues with development banks of other countries. According to the declaration its parties shall continue cooperation in development and offering of financial products connected with energy saving of dwelling houses, and increasing of awareness regarding energy saving. Also KfW Banken Gruppe from Germany, Hipoteku Banka from Latvia and Bank Gospadarstwa Krajowego from Poland joined in the declaration.
"I believe that in cooperation with the development banks of other countries we can provide efficient help to increase awareness regarding energy saving in Estonia, and offer specific solutions for financing of reconstruction work of apartment buildings. Exchange of experience makes it possible to learn from one another, including the exchange of information for efficient use of the European structure funds," Andrus Treier said.
Energy saving has become a more and more important topic within the European Union in connection with environmental protection, changes of climate, increasing energy prices and high dependence on energy. Sustainable use of energy yield opportunities is the key phrase of the energy policy of Europe. The housing sector of the Eastern Europe has a high potential of energy saving and that especially in connection with apartment buildings. Pilot projects have proven that by investing into renovation of buildings it is possible to achieve remarkable energy savings, whereas payments connected with loan can be covered from the amounts of saved energy costs. Due to constant increase of energy prices the saving will be even more remarkable in the future.
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