The City of Belgrade will set up an Energy Efficiency Fund by the end of the first quarter of 2017, which will initiate a huge construction project, Mayor of Belgrade Sinisa Mali announced Monday.
Belgrade will be the first Serbian self-government to have such a fund, said Mali in the City Hall, opening the Conference on Energy Efficiency in Buildings and Remote Heating, organized by UN Environment Program and the World Resource Institute.
In August 2016, Belgrade officially joined the Building Efficiency Accelerator and District Energy in Cities initiatives, making it the only city worldwide where both initiatives will be implemented over the next year.
Mali explained that smart buildings will also be constructed, improving the system of energy, heating, water consumption, which will lead to increased energy efficiency.
