European Foundation
for the Improvement of
Living and Working Conditions

The tripartite EU agency providing knowledge to assist
in the development of better social, employment and
work-related policies

EU PolicyWatch

Database of national-level policy measures

Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.

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

Share

Eurofound publications based on EU PolicyWatch

30 January 2023

 

Measures to lessen the impact of the inflation and energy crisis on citizens

Governments across the EU continue to implement policies to support citizens and businesses in the face of rising food and energy prices caused by the COVID-19 crisis and intensified by the war in Ukraine. This article summarises the policy responses as reported in Eurofound's EU PolicyWatch database from January to September 2022.

Article

12 September 2022

 

First responses to cushion the impact of inflation on citizens

Although the worldwide pandemic situation had already disrupted supply chains and triggered increases in energy and food prices in 2021, the situation deteriorated in 2022 with the Russian invasion of Ukraine.

Article

12 September 2022

 

Policies to support EU companies affected by the war in Ukraine

This article summarises the first policy responses that governments across the EU have started to implement to support companies affected by the rising prices, and those with commercial ties to Ukraine, Russia or Belarus.

Article

5 July 2022

 

Policies to support refugees from Ukraine

This article summarises the first policy responses of EU Member States, including those of the social partners and other civil society actors, enabling refugees to exercise their rights under the Temporary Protection Directive.

Article

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