The Croatian government said it gave the
go-ahead on Thursday to the city of Zagreb to borrow 18 million kuna ($2.8
million/2.3 million euro) from state-run development bank HBOR for energy
efficiency projects.
The funds will be used for the implementation of the
Zagreb Energy Efficient City,ZagEE, project, the government said in a statement
after a weekly sitting.
ZagEE supports adopting energy efficiency-focused
measures and technologies at municipal buildings, companies and
installations.
The project is expected to result in 33,526 megawatt-hours
(MWh) in annual energy savings, enabling the use of 490 MWh per year of energy
from renewable sources at municipal buildings and a reduction in greenhouse gas
emissions by 8,390 tonnes of CO2 per year, among other goals.