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ACTIONS DES VILLES

Riga, Lettonie
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2017 | Etude de cas
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Financing the energy renovation of residential buildings through soft loans and thirs-party investment schemes
Riga, Lettonie
727 800 habitants
Agence de l'énergie et du climat - Aides aux citoyens et acteurs locaux - Financements innovants et initiatives citoyennes - Information, éducation - Rénovation énergétique performante

At the local level, the city of Riga approved the Riga Development Plan 2030 which includes energy and climate related measures in the housing sector. It selected the most relevant tool and proposed setting up a revolving fund and offering low interest and long-term loans to homeowners and non-profit organisations via ESCOs and tenant cooperatives. The loans are gradually repaid and flow back to the fund.

The Infinite Solutions project is co-financed by the European Commission under the IEE Programme.

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