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Clean energy for EU islands

Soft loans and guarantees

Finance Objective(s)

Project implementation


A soft loan is a loan with no interest or a below-market rate of interest . Soft loans are often made by multinational development banks, affiliates of the World Bank , or federal governments (or government agencies) to developing countries that would be unable to borrow at the market rate.

Who can apply

Local and regional authorities in cooperation with financing institutions can offer to homeowners of private residential buildings loans and guarantees.