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Environmental Development Fund of the Republic of Slovenia. The vision of the world is peace, opportunities of development in all areas, and a balanced cohabitation with nature to ensure the existence of humankind. Eco Fund’s role in promoting environmental projects in energy sector
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Environmental Development Fundof the Republic of Slovenia The vision of the world is peace, opportunities of development in all areas, and a balanced cohabitation with nature to ensure the existence of humankind. Eco Fund’s role in promoting environmental projects in energy sector Mr. Ljubo ŽUŽEK, Director Ljubljana, Slovenia February 2000
Eco Fund’s Mission By joining forces, we can help Slovenia to be a country on the sunny side of the Alps, which is attractive to businessmen, investors, tourists, and casual visitors. • Our Mission is to support the continuous development of the Slovenian economy with emphasis on environmental protection and to stimulate and promoteenvironmental awareness in our partners, such as enterprises, local communities, and individuals. Slovenia
Eco Fund’s Objectives To live in a healthy environment is one of the fundamental human rights, which also applies to other forms of life. • reduction of water, ground and air pollution, and emission of noise and radiation; • proper waste management; • decrease of risks; • conservation and protection of biotic diversity and genetic sources. Environment
Sources of Funds Visitors will continue to return to this charming natural environment, to the people for whom environmental protection is a way of life and thinking. • capital • WB loan • PHARE grant • Total above 17 billion SIT
Eco Fund’s Projects Enterprises which combine economic development with environmental awareness will, in the long run, be much more successful then those who neglect it. • Loan Financing of Local Infrastructure • Loan Financing of Environmental Investments in Corporate sector • Air Pollution Abatement Program • Ozone Depleting Substances Phaseout Project Development
Air Pollution Abatement Program • Loans are granted for: • conversion from dirty solid fuels and heavy oils to more environmentally friendly sources of energy, such as natural gas, • erection of heating facilities using renewable sources of energy and • erection of more environmentally friendly heating systems in new buildings. • Until now Eco Fund approved: • 4,857 loans to households and • 67 loans to boiler houses • Disbursed total about 4 billion SIT APAP
Financing in Corporate Sector Corporate Sector
Financing in Municipal Infrastructure Municipal Infrastructure
Removing Barriers to the Increased Use of Biomass as an Energy Source Nowadays it’s not only return on investment that is important, but above all, the impact of the investment on the environment of which it will become a part, its sociological effect and the way it will influence our lives. • Eco Fund as an Implementing Agent forGEF grant USD 4.3 million New Project
Energy Projects Financed by Eco Fund Energy Projects