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Hungary Energy Saving Credit Program
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Name |
Hungary Energy Saving Credit Programme |
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Active |
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Funding Mechanism |
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Duration |
1997- |
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Objectives |
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The main objective of ESCP is to support energy efficiency investments aimed at modernization of the energy use in municipal institutions – schools, hospitals, social and health care buildings etc. |
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Sponsors |
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Eligible Sectors |
Municipalities, legal entities with economic activity owned by municipalities, or companies financing energy related modernization of public institutions owned by municipalities. |
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Eligible Projects/Technologies |
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Fund Endowment |
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A credit line in the amount of HUF 780.5 million was provided in 1997. |
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Terms |
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-Funding Instruments |
Loans |
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-Interest Rates |
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-Payback |
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-Size |
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-Collateral |
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-Share of loan in project cost |
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-Loan criteria |
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Comments |
The Energy Saving Credit Programme is now integrated into the Szechenyi Plan, which is the Economic Ministry's development plan. The credit program is one of the tenders of the Szechenyi Plan' Energy Saving Programme with the aim to support municipal investment projects in the form of grant. The Energy Centre also manages the Energy Saving Programme. |
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Sources |
Hungary Energy Centre (renamed as the Energy Efficiency, Environment and Energy Efficiency Agency)
IEA |
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Contact Information |
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