The EBRD has approved a loan of up to €30mn to Serbia to finance investments in renewable heat generation, the organisation announced during EBRD President Odile Renaud-Basso’s visit to Belgrade on July 9. Currently, Serbia’s district heating systems are heavily reliant on fossil fuels and are notably energy inefficient. This project, the first of its kind in southeast Europe, aims to provide significant environmental benefits and boost energy security by reducing dependence on imported petrol products and natural gas. ‘This ground-breaking project aims to transform district heating systems in…