The Energy Efficiency Finance Facility for Residential Buildings (EEFFRB) was implemented in 2019 by BNP Paribas Bank Polska SA in cooperation with the European Investment Bank under the ELENA project co-funded from the Horizon 2020 Programme. The initiative is supposed to help housing associations in Poland in the process of improving the energy efficiency of the multifamily buildings. The EEFFRB consist of the package of different services including technical assistance (i.e. energy audits, energy advisory and consultations), financial products and grants. The initiative is designed in such a way to help housing association in all the stages of the investment process especially in the initialization phase.
The EEFFRB supports different types of investments which include, among others, thermal insulation of buildings, replacement of windows and external doors, reconstruction of heating, ventilation and AC systems, installation of RES in the retrofitted buildings. It is assumed that the EEFFRB will help to mobilize investments worth EUR 78 million which would generate the annual total savings in the final energy consumption of 184 GWh and the annual total emission reductions of 47 900 t CO2 eq.