Yerevan energy storage for resilience

Today in kindergarten no. 47, newly renovated to be safer and more energy efficient, children and staff were welcomed by EU Ambassador to Armenia Andrea Wiktorin, Head of Unit at DG NEAR (EU Neighbourhood Policy and Enlargement) David Cullen, Head of Regional Representation for the South Caucasus
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Today in kindergarten no. 47, newly renovated to be safer and more energy efficient, children and staff were welcomed by EU Ambassador to Armenia Andrea Wiktorin, Head of Unit at DG NEAR (EU Neighbourhood Policy and Enlargement) David Cullen, Head of Regional Representation for the South Caucasus at the European Investment Bank (EIB) Maciej Czura, Resident Representative of the United Nations Development Programme (UNDP) in Armenia Natia Natsvlishvili, and First Deputy Mayor of Yerevan Levon Hovhannisyan. 

They were pleased to announce the completion of facility upgrades for earthquake safety and energy efficiency made under the Yerevan energy efficiency project. 15 kindergartens in all will receive comprehensive renovation for energy efficiency, while around 35 will benefit from horizontal energy efficiency and renewable energy measures.

The renovation works included a complete seismic upgrade, structural reinforcement, integration of solar photovoltaic and water heating systems and improvements for energy efficiency. The kindergarten was also adapted for people with limited mobility to make it more accessible to children and staff with disabilities and improve social inclusion.

EU Ambassador to Armenia Andrea Wiktorin added, "We are delighted to welcome these children and their teachers into the newly renovated, energy-efficient kindergarten no. 47 in Yerevan. As the largest contributor to the E5P Fund, the European Union is delighted to help create a safer, more inclusive and healthier environment for children, while helping Armenia use less energy and financial resources. Energy efficiency is an important pillar of the EU-Armenia Comprehensive and Enhanced Partnership Agreement (CEPA) and the European Union''s environmental goals. Together with the EIB and other Team Europe partners, we can achieve the targets set for the benefit of the Armenian population."

Maciej Czura, EIB Head of Regional Representation for the South Caucasus, remarked, "It is particularly rewarding to work for these children, who are receiving a new, warm and comfortable learning space today. I would like to wish the children and staff of kindergarten no. 47 every success in their safer and greener building. Comprehensive energy efficiency, structural and accessibility improvements to Armenian kindergartens and the integration of renewable energy sources will help Yerevan municipality reduce carbon emissions and improve sustainability and resilience this winter and beyond. This is a good example of efficient cooperation between the EIB, the European Union, the Armenian government, Team Europe and other stakeholders."

Resident Representative of UNDP in Armenia Natia Natsvlishvili said, "UNDP acknowledges the importance of retrofitting public buildings for energy efficiency. This ensures around a 50% improvement in their energy performance, helping reduce energy poverty, improve the comfort of beneficiaries and reduce greenhouse gas emissions, in line with Armenia''s commitments under the Paris Agreement and the CEPA. We are ready to continue our support in the second phase of the project."

EIB Global and Team Europe to back the sustainable socioeconomic and institutional development of the Syunik region

EIB Global, the arm of the Bank focused on operations outside the European Union, also joined the Resilient Syunik Team Europe Initiative that was officially launched today. This is a joint undertaking of the European Union, the EIB and the Member States Austria, France, Germany, Poland and Sweden, with Switzerland as an external partner. Its main objective is to foster the sustainable socioeconomic and institutional development of the Syunik region, taking coordinated action in line with the development priorities of regional and local authorities and the EU-Armenia flagship initiative focusing on the area.

Under this initiative, EIB Global and the European Union will provide financing and support to construct two rural educational and training centres in Southern Armenia. This investment in the Syunik province is planned to include free-of-charge after-school educational opportunities and access to missing services for up to 6 000 children and young adults (6 to 18 years of age) from 50 rural communities.

The European Investment Bank (EIB), the bank of the European Union, and the city of Yerevan today announced the completion of earthquake safety and energy efficiency upgrades at kindergarten 49 in the Armenian capital, implemented under the Yerevan energy efficiency project.

Upgrade works on the kindergarten included the insulation of walls, the retrofitting of buildings with new windows and doors, and improvements to heating, cooling and ventilation systems, all to reduce wasted energy and improve the comfort and safety of staff and children. The works also improved the seismic stability of the kindergarten by reinforcing staircases to increase resilience to earthquakes. The kindergarten was also adapted for people with limited mobility, improving the social inclusion of children and staff with disabilities.

The Ambassador of the European Union to Armenia HE Andrea Wiktorin, the Head of the EIB Regional Representation for the South Caucasus Maciej Czura, and the Mayor of Yerevan Hrachya Sargsyan welcomed children and staff to their safer and energy-efficient renovated kindergarten today.

The EU Ambassador to Armenia Andrea Wiktorin said: "The E5P project combines comprehensive energy efficiency, structural and accessibility improvements in kindergartens with the integration of renewable energy sources. The public domain can therefore set an example for wider society in turning to energy-saving measures. At the same time, kindergarten renovations contribute to the enhanced resilience, reduced energy intensity, and inclusivity of the public service sector."

The Mayor of Yerevan Hrachya Sargsyan said: "I am glad to hand over into operation kindergarten 49, for which construction work began in December 2020 and included the seismic strengthening of the building and the renovation and implementation of energy-efficient measures. Together with our partners — the European Union, the European Investment Bank, the Eastern Europe Energy Efficiency and Environment Partnership Fund and the Green Climate Fund — we are improving and modernising urban infrastructure. The Municipality of Yerevan highly appreciates the projects being implemented with the financial support of the European Investment Bank and the European Union. The cooperation in various fields of the urban economy is important for the development of the Yerevan community."

The Yerevan energy efficiency project benefits from a €15 million investment from the EIB and the multi-donor Eastern Europe Energy Efficiency and Environment Partnership (E5P) fund, improving the energy efficiency, seismic stability and sanitary conditions of about 60 kindergartens in Yerevan, the capital city of Armenia. The project will improve the quality of life of over 1 million people living in Yerevan by creating safer and economically sustainable kindergartens and reducing the city''s carbon footprint.

EIB Global is the EIB Group''s specialised arm dedicated to increasing the impact of international partnerships and development finance. EIB Global is designed to foster strong, focused partnership within Team Europe, alongside fellow development finance institutions and civil society. EIB Global brings the Group closer to local people, companies and institutions through our offices across the world.

https://twitter /EIBGlobal

About the EIB in Armenia:

Since the start of the activity in Armenia in 2010, the EIB has provided a total of €414 million to accelerate the country''s economic and social development. This EIB support has gone to local small and medium enterprises, infrastructure development through the rehabilitation of water and sanitation supply services, road improvements, and energy transmission lines.

The Eastern Europe Energy Efficiency and Environment Partnership (E5P) is a multi-donor, multi-agency fund initiated during the Swedish Presidency of the European Union in 2009. It aims to support high-impact energy efficiency and environmental projects in the Eastern Partnership countries. The E5P merges financial contributions of almost €250 million from the European Union and a group of over 24 countries. The European Union is the largest contributor, having pledged €94.4 million, while Sweden is the largest bilateral contributor with €66 million. The E5P fund in Armenia is supporting priority infrastructure projects for public buildings, solid waste management, street lighting and public transport.

The EIB Group – comprising the European Investment Bank (EIB) and the European Investment Fund (EIF) – has signed a synthetic securitisation with Santander to support new investments in energy efficiency in Portugal worth €183million. The operation will focus on the renovation of existing buildings to improve their energy efficiency, as well as the construction of new buildings meeting high energy efficiency standards. This deal builds on the success of a similar transaction signed between the parties in 2023.

The European Investment Bank (EIB) and E-Distribuzione, Enel Group’s company, have signed the first €250million tranche of a €500million sustainability-linked loan. In concrete terms, the financing will help to back innovation and digitalisation of the power grid in Italy, increasing its resilience to avoid and react to future extreme climate events while also improving the quality of electricity distribution services.

A newly modernised paediatric infectious diseases department was opened today at the Zhytomyr Regional Tuberculosis Dispensary in the village of Guiva, Zhytomyr Oblast. Dedicated to providing care for children, the department, which includes a fully equipped intensive care unit, can now accommodate more young patients. The renovation also included extensive energy efficiency upgrades, structural insulation and the complete modernisation of the building''s engineering networks, equipment and plumbing systems. It now offers safer, more accessible and modern conditions for young patients, including internally displaced persons and individuals with disabilities, ensuring quality care for those who need it most.

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About Yerevan energy storage for resilience

About Yerevan energy storage for resilience

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