Revolving fund

Location: Rivne, Slavuta, Ukraine

Dates: 1.07.15 – 1.12.15

Donors to the action: HEINRICH BÖLL FOUNDATION

Excessive consumption of coal, oil and gas has led to rapid climate change. Already, there are technical and economic opportunities abandon harmful traditional energy resources exported. We can both reduce greenhouse gas emissions, take care of the government and improve our own welfare. First thing to do this – house insulation as for its heating consumes about a third of total energy consumption. Now city officials together with the NGO “Ecoclub” provides more opportunities for this. You can get a loan on favorable terms.

The measures are intended to funding:

Modernization and wall insulation facade.
Modernization, reconstruction, repair and insulation of roofs, roof coverings, basements.
Reconstruction, repair and modernization of equipment and utilities heating in the building.
Install weather instruments regulating heat supply.
Modernization of ventilation.
Installation of equipment for using alternative sources of gas to the energy needs of the building.
Other energy efficiency measures in the building.

Terms of financing.
Financial assistance is provided to city residents who live in homes farmsteads, on a rotating basis. A decision on the funds accepted commission set up by the executive committee of the City Council Slavutskoy.
Funds are available for up to 12 months. Borrowers who have received money from the Fund paid administration fee – 3% of the amount repayable aid before obtaining the loan.
The borrower returns the money to the Fund in equal monthly installments according to the established schedule (no later than the 15th of each month).
Requirement for receiving funds has a fee of at least 30% of the total cost of materials. The maximum loan amount is 10,000 USD.

To evaluate the energy and financial results of various measures to improve energy efficiency of housing we recommend using a specially designed calculator online calculator (available in Russian).

Objectives and results of the action:

The project aim: create and promote a Revolving Fund in co-financing with local authorities to support energy efficiency measures among the local people.
As a result of the project a revolving fund was created in conjunction with the Slavuta City Council. Training of townsman, which concerned both energy aspects (insulation, replacement of equipment) and economic (how to obtain a loan from the fund). The information campaign was conducted through the distribution of city-lights in the city’s budget and municipal institutions. The city authorities are willing to work on the project expansion next years.

 

Contacts

Address:
33014, Rivne, Stepana Bandery str. 41, office 95