The Role of Financial Institutions in Promoting Energy Efficiency Projects
The Role of Financial Institutions in Promoting Energy Efficiency Projects

Author(s): Petre Marius Bogdan, Elena Casandra Ceausescu, Mircea Sorin Zaharcu, Georgeta Bolojan
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Summary/Abstract: This research highlights the way financial institutions, like as banks and investment funds, play a crucial role in promoting and developing energy efficiency projects. By providing capital and expertise, these entities facilitate the implementation of initiatives aimed at reducing energy consumption, using renewable sources, and improving energy efficiency. The funded projects cover a wide range of objectives, from reducing dependence on fossil fuels to improving air quality and increasing industrial competitiveness. By supporting these initiatives, financial institutions aim to create sustainable energy infrastructures, stimulate job creation, and facilitate an efficient transition to clean energy sources. The research results highlight the fact that financial institutions play a crucial role in the development of energy efficiency, and by fulfilling the directives established by the European Union, an upward trend can be created in the following projects.

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