Exemplary role of public authorities (Energy Efficiency in Public Buildings- Green Public Procurement- Electra Fund)

• Law No. 4342/2015
• Min. Decision 75516/436

With regard to public authorities, 3% of the total surface area of public buildings should be renovated yearly in order to meet the country’s energy efficiency target (art. 7 Law No.4342/2015). Additionally, regional administrative authorities should compose an energy efficiency plan that contains specific objectives and measures concerning energy efficiency. This plan should be updated every two years (art. 7 Law No. 4322/2015). Furthermore, public administration bodies should purchase products, services and buildings with high energy performance that is consistent with the economic efficiency, economic feasibility, sustainability, technical suitability, and sufficient competition (art. 8 Law No. 4322/2015). To this end, a draft “Green Public Procurement Action Plan” has been recently issued. In addition, an energy efficiency fund, the so-called “Electra Fund” has been established in July 2020. “Electra Fund”, administered by GCDLF will provide investment loans to public sector entities for the realisation of energy efficiency measures (Min. Decision 75516/436).

Public sector (local administrative bodies, public enterprises, organisations and legal entities financed from the national budget)

• MEE
• MinDev