Development of an energy efficiency lending product within Inecobank enabling households in Armenia to reduce energy costs, consumption and CO2 emissions.

First loan by GGF to an institution in the European Neighborhood region which enables Inecobank to : 1)expand energy efficiency (EE) project financing to retail customers and SMEs, 2) Minimum primary energy savings of 20%: EE subloans to contribute to lower energy consumption by over 36,000 MWh and CO2 emissions by over 8,200 tons per annum