Lithuania commits to further support energy efficiency in its housing sector. In 2013, Lithuania revamped its programme of renovation for multi-apartment buildings. The overall aim of the commitment is to increase the energy efficiency in the housing sector by providing long-term loan financing. Eligible expenditures cover the enhancement of the energy performance of buildings, including replacement or installation of the heating and hot water and ventilation and recuperation systems; thermal insulation of façade walls, glazing of balconies and loggias; replacement of doors and windows in all apartments’ insulation of basements; renovation of lifts and other engineering systems of common use. As a result of renovations, the building must reach at least Energy Efficiency Class “C”. The renovation of multi-apartment buildings stimulates the creation of new jobs, contributes to the reduction of CO2 emissions, improves the living standards of apartment owners and reduces energy bills. The commitment aims to improve living conditions, increase energy efficiency, and reduce fossil fuel and CO2 emissions.
The commitment falls under focus area 2 of the Batumi Initiative to promote the internalisation of negative externalities and the sustainable use of natural capital.
Implementing partners will include Ministry of Finance, EIB and commercial banks.
The commitment is relevant to SDG targets 7.3, 11.1 and 13.2.