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Energy modernization of multi-apartment buildings in Estonia

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Estonia inherited an energy inefficient building stock from the Soviet era. Kredex runs a very successful financial programme to support the modernisation of apartment buildings.

The purpose of this programme was to attract international climate finance to enhance the efficiency of buildings. The loand provided by Kredex were for investments which reduce energy consumption by at least 20% for apartment buildings with up to 2000m2 closed net area and 30% for larger apartment buildings. Thermal energy leakage was prevented through a range of insulation measures and improvements to the heating and ventilation system. The programme targeted multi-apartment buildings with at least three apartments that were built before 1993 located all over Estonia.

As a result of this project Kredex attracted an investment from the government of Luxembourg.

Thermohouse

Client: KfW, Kredex,

Partners: Climate Focus, Atlas Environmental Law Advisory

2009-2010

 

Project Details

Team

Jelmer Hoogzaad

Topics & Sectors

#energy and resource efficiency, #households and smes

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contact

Jelmer Hoogzaad
jelmer@shiftingparadigms.nl
+31(0)6 41 47 01 91

topics

  • Circular economy
  • Cities and urban mining
  • Climate finance
  • Climate policy
  • Energy and resource efficiency
  • Low carbon development
  • Renewable energy

sectors

  • Agriculture and forestry
  • Construction
  • Energy and power
  • Households and SMEs
  • Industry
  • Transport
  • Waste
  • Water

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