BDB saves electricity in response to energy crisis
As of September 26, 2022, the Bank is switching off its night lights and appealing to institutions and businesses to follow suit
The Bulgarian Development Bank has introduced "green" measures in response to the European energy market crisis. The Bank is now switching off the night lights of its building in downtown Sofia to do its bit to reduce electricity consumption. It appeals to other institutions and businesses to follow suit ahead of the expected difficult winter.
BDB is following the European cause to reduce carbon emissions and achieve climate neutrality. The Bank has introduced ‘green office’ practices and is actively engaged in the development of the ESG sector, which is becoming increasingly important for businesses and investors. Recently, BDB has also introduced its new energy efficiency loan program for small and medium businesses. The programme is worth BGN 30 million and will be available to companies that have submitted project proposals under the "Recovery of SMEs through energy efficiency improvement" procedure, funded by OP "Innovation and Competitiveness" 2014-2020 (OPIC).