The Environmental Protection and Energy Efficiency Fund

The Environmental Protection and Energy Efficiency Fund of the Republic of Croatia is a structured extra-budgetary fund which finances projects and activities in three basic areas: environmental protection, energy efficiency, and the use of renewable energy sources. It has been established by the Law on the Environmental Protection and Energy Efficiency Fund in 2003. 

The goals of the Fund are to: gather existing information on potential financing areas; prioritise this information so that it conforms with the Energy Sector Development Strategy and the feasibility of projects which have been identified within priority areas; define financial mechanisms at the disposal of the Fund (loans, grants, international funding); associate available financial mechanisms with projects; take into account existing financial support mechanisms for energy efficiency and the use of renewable energy sources so that they can adequately supplement the Fund and avoid collision with its financing programmes.