Social and environmental benefits

Georgian authorities are implementing an ambitious project to renovate public schools in the capital, Tbilisi. The renovation will have a major social and environmental impact. Prior to this project, only one school had been built in the previous ten years and many had been damaged during an earthquake in 2002. The renovation will improve the safety and comfort of pupils while also increasing the energy efficiency of school buildings by 40%. 

The support from the international community has been key for the project. The project benefits from a €6 million grant from a multi-donor facility, the Eastern Europe Energy Efficiency and Environment Partnership (E5P), as well as €210 000 in technical assistance grants from Spain through the Spanish Social Cohesion Account and the Slovak Republic through the Slovak Inclusive Growth Account. The grants complement a €14 million loan from the CEB and also help Georgian authorities implement the project in line with best practice. 

Eastern Europe Energy Efficiency and Environment Partnership (E5P)

The Eastern Europe Energy Efficiency and Environment Partnership (E5P) is a €242 million multi-donor fund designed to encourage municipal investments in energy efficiency and environmental projects in the Eastern Partnership region. The E5P blends financial contributions from the European Union and a group of 24 nations, including countries which are benefiting from the fund. The contributions are used as grants to support municipal sector projects in Armenia, Azerbaijan, Belarus, Georgia, Republic of Moldova and Ukraine.

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