Lithuania to renovate private residential buildings and cut emissions with EU help

In an effort to improve the energy use in Lithuania, the European Bank for Reconstruction and Development (EBRD) said on August 4 the Bank is lending €67.5 million to support an innovative scheme to scale up renovation of residential multi-apartment buildings – its largest direct investment in renovating privately owned buildings in the country.

Renovation of buildings is essential for the decarbonisation of economies, the EBRD said, adding that it was singled out in the European Green Deal a…

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