Under a Green Investment Scheme the proceeds will be invested into energy efficiency improvement of public buildings which will lead to reduced energy consumption and consequent CO2 emission reductions. In addition, the investments will improve the buildings’ internal climate and have a positive impact on the working environments and job creation in the construction sector. The planned investments altogether involve 73 real estate objects, of which 19 are in educational, 10 in cultural, 32 in internal security and 9 in social services sectors. In addition, 3 office buildings will be renovated. The Ministry of Finance together with the State Real Estate Company will be responsible for the implementation of the Green Investment Scheme. Estonia’s previous AAU purchase agreements have been concluded with Austria, Spain, Luxembourg and the Japanese bank SMBC. (September 23, 2010) |
