{"id":443081,"date":"2016-12-06T20:12:16","date_gmt":"2016-12-06T20:12:16","guid":{"rendered":"http:\/\/www.moldova.org\/en\/?p=443081"},"modified":"2016-12-06T20:14:56","modified_gmt":"2016-12-06T20:14:56","slug":"chisinau-receives-e10-million-loan-ebrd-improving-energy-efficiency-public-buildings","status":"publish","type":"post","link":"https:\/\/www.moldova.org\/en\/chisinau-receives-e10-million-loan-ebrd-improving-energy-efficiency-public-buildings\/","title":{"rendered":"Chi\u0219in\u0103u receives \u20ac10 million loan from the EBRD for improving energy efficiency of public buildings"},"content":{"rendered":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>On December 6th, the European Bank for Reconstruction and Development (EBRD) <a href=\"http:\/\/www.ebrd.com\/news\/2016\/making-chisinau-greener-.html\" target=\"_blank\">signed<\/a> a loan agreement with the City Council of Chi\u0219in\u0103u to provide \u20ac10 million to Moldova\u2019s capital to improve the energy efficiency of its public buildings, under new Green Cities framework.<br \/>\n<div style=\"width: 706px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" src=\"http:\/\/www.moldova.org\/wp-content\/uploads\/2016\/12\/m-41-696x476.jpg\" width=\"696\" height=\"476\" alt=\"EBRD Deputy Director for Municipal and Environmental Infrastructure and Chi\u0219in\u0103u mayor Dorin Chirtoac\u0103 signing the loan agreement\" class=\"size-full\" \/><p class=\"wp-caption-text\">EBRD Deputy Director for Municipal and Environmental Infrastructure Lin O&#8217;Grady and Chi\u0219in\u0103u mayor Dorin Chirtoac\u0103 signing the loan agreement<\/p><\/div>\n<p>The EBRD funds will finance the renovation of over 100 buildings such as kindergartens, schools and hospitals.<br \/>\n<em>\u201cChisinau is often called a green city due to its many beautiful parks. Our goal is to make Chisinau greener \u2013 more environmentally-friendly. This project represents an important milestone for the EBRD\u2019s municipal business, given that it is the first project signed under our Green Cities Framework. We expect that many more such projects will follow&#8221;<\/em>, declared Lin O&#8217;Grady, EBRD Deputy Director for Municipal and Environmental Infrastructure in Chi\u0219in\u0103u.<\/p>\n<p>The EBRD contribution in the project will be supported by a \u20ac10 million loan from the European Investment Bank and a \u20ac5 million investment grant from the E5P Fund.<\/p>\n<p>The EBRD is the largest institutional investor in Moldova with over \u20ac1.1 billion of cumulative investment in over 110 projects in agribusiness, energy, the financial sector, infrastructure and manufacturing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span>On December 6th, the European Bank for Reconstruction and Development (EBRD) signed a loan agreement with the City Council of Chi\u0219in\u0103u to provide \u20ac10 million to Moldova\u2019s capital to improve the energy efficiency of its public buildings, under new Green Cities framework. The EBRD funds will finance the renovation of over 100 buildings such as [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":443082,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-443081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"content_social_share":"<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">minute<\/span><\/span><p>On December 6th, the European Bank for Reconstruction and Development (EBRD) <a href=\"http:\/\/www.ebrd.com\/news\/2016\/making-chisinau-greener-.html\" target=\"_blank\">signed<\/a> a loan agreement with the City Council of Chi\u0219in\u0103u to provide \u20ac10 million to Moldova\u2019s capital to improve the energy efficiency of its public buildings, under new Green Cities framework.<br \/>\n<div style=\"width: 706px\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" decoding=\"async\" src=\"http:\/\/www.moldova.org\/wp-content\/uploads\/2016\/12\/m-41-696x476.jpg\" width=\"696\" height=\"476\" alt=\"EBRD Deputy Director for Municipal and Environmental Infrastructure and Chi\u0219in\u0103u mayor Dorin Chirtoac\u0103 signing the loan agreement\" class=\"size-full\" \/><p class=\"wp-caption-text\">EBRD Deputy Director for Municipal and Environmental Infrastructure Lin O&#8217;Grady and Chi\u0219in\u0103u mayor Dorin Chirtoac\u0103 signing the loan agreement<\/p><\/div>\n<p>The EBRD funds will finance the renovation of over 100 buildings such as kindergartens, schools and hospitals.<br \/>\n<em>\u201cChisinau is often called a green city due to its many beautiful parks. Our goal is to make Chisinau greener \u2013 more environmentally-friendly. This project represents an important milestone for the EBRD\u2019s municipal business, given that it is the first project signed under our Green Cities Framework. We expect that many more such projects will follow&#8221;<\/em>, declared Lin O&#8217;Grady, EBRD Deputy Director for Municipal and Environmental Infrastructure in Chi\u0219in\u0103u.<\/p>\n<p>The EBRD contribution in the project will be supported by a \u20ac10 million loan from the European Investment Bank and a \u20ac5 million investment grant from the E5P Fund.<\/p>\n<p>The EBRD is the largest institutional investor in Moldova with over \u20ac1.1 billion of cumulative investment in over 110 projects in agribusiness, energy, the financial sector, infrastructure and manufacturing.<\/p>\n<div class='heateorSssClear'><\/div><div  class='heateor_sss_sharing_container heateor_sss_horizontal_sharing' data-heateor-sss-href='https:\/\/www.moldova.org\/en\/chisinau-receives-e10-million-loan-ebrd-improving-energy-efficiency-public-buildings\/' data-heateor-sss-no-counts=\"1\"><div class='heateor_sss_sharing_title' style=\"font-weight:bold\" ><\/div><div class=\"heateor_sss_sharing_ul\"><a 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\/>\n\t<meta name=\"twitter:data1\" content=\"Cristi Vlas\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/chisinau-receives-e10-million-loan-ebrd-improving-energy-efficiency-public-buildings\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/chisinau-receives-e10-million-loan-ebrd-improving-energy-efficiency-public-buildings\\\/\"},\"author\":{\"name\":\"Cristi Vlas\",\"@id\":\"https:\\\/\\\/www.moldova.org\\\/en\\\/#\\\/schema\\\/person\\\/dcbd06b375a29cab9233deffe7826a9f\"},\"headline\":\"Chi\u0219in\u0103u receives \u20ac10 million loan from the EBRD for improving energy efficiency of public 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