Energy Efficiency lending

Energy Efficiency Programme for MSMEs

The German Development Bank (KfW) has recognised the increasing importance of energy efficiency and the key role it will play in the future of Europe. In 2016 a concessional loan under the umbrella of the German-Armenian Financial Cooperation was launched in order to support energy efficiency investments in Armenian enterprises through the "GAF Energy Efficiency Programme for MSMEs". The aim of this programme is not only to help MSMEs reduce their energy consumption and CO2 emissions, but also to support them in increasing their competitiveness.