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Factsheet for measure SI-1994-34/3511 – measures in Slovenia

Eco Fund

Eko sklad

Country Slovenia , applies nationwide
Time period Open ended, started on 18 August 1994
Context Green Transition
Type Other initiatives or policies
Category Promoting the economic, labour market and social recovery into a green future
– Financing the green transition
Author Maja Breznik (University of Ljubljana) and Eurofound
Measure added 29 February 2024 (updated 28 March 2024)

Background information

Slovenian Environmental Public Fund (Eco Fund in short) is the public entity subsidising energy-efficient and environmental projects of households, and public and private entities. Its main purpose is to promote development in the field of environmental protection by offering soft loans and grants for various green investments. Established in 1993, it began with soft loans for investments in environmental protection as a revolving fund. In 2008, the Eco Fund received additional finance for grants, financed by fees paid by end users of energy, funds from the Climate Change Fund (revenues from CO2 allowances) and the European Cohesion Fund.

Content of measure

Eco Fund supports investments in residential buildings, construction of nearly zero-energy buildings, purchase of electric vehicles, energy audits and energy efficiency investments, environmentally friendly public passenger buses in degraded areas, charging stations for electric cars in protected areas, etc. Beneficiaries are natural persons, municipalities, and private entities. Soft loans and grants are available in the following schemes:

  • Energy efficiency and renewable energy measures in residential buildings, including self-sufficiency in electricity;
  • Performance of energy audits in companies;
  • Energy efficiency investments by companies;
  • Investments by municipalities in the construction of nearly zero-energy buildings;
  • Environmentally friendly electric vehicles and buses;
  • Charging stations for electric cars in the Natura 2000 area and protected areas;
  • Reducing energy poverty of households by covering the entire cost of investments.

Eco Fund has a network of energy counselling offices offering free advice on energy efficiency improvement. The network has 59 offices across the country. Eco Fund’s subsidies generate about 6,300 direct and 10,000 indirect green jobs, 387 GWh of energy savings and €10 million lower energy costs each year.

Use of measure

Among Eco Fund support programmes, the most popular are energy efficiency and renewable energy measures in residential buildings, including self-sufficiency in electricity. According to the latest available Annual Report for 2022, more than 80% of soft loans (€35 million in total) went to households for thermal insulation of facades, roofs and floors, energy-efficient exterior joinery, installation of heat pumps, biomass boilers, and solar power plants. The largest share of the €73 million in grants - €18 million - was spent on heat pumps.

Target groups

Workers Businesses Citizens
Does not apply to workers Applies to all businesses Applies to all citizens

Actors and funding

Actors Funding
National government
European Funds
National funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role No involvement No involvement
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • No involvement
  • Main level of involvement: N/A

Involvement

There is no information on the involvement of social partners in negotiations about supporting schemes

Views and reactions

No information available.

Sources

Citation

Eurofound (2024), Eco Fund, measure SI-1994-34/3511 (measures in Slovenia), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/SI-1994-34_3511.html

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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.