The environmental qualities of Garlic House made it elligible for the NEEREA loan of which the technical committee is the LCEC.“The Lebanese Center for Energy Conservation (LCEC) is a national organization affiliated to the Lebanese Ministry of Energy and Water. LCEC addresses end-use energy conservation and renewable energy at the national level. It supports the Government of Lebanon to develop and implement national strategies that promote the development of efficient and rational uses of energy and the use of renewable energy at the consumer level.”
tOD team met last week Mr. Pierre El Khoury, director of the LCEC, to discuss NEEREA loan for Garlic House. NEEREA is a national platform built on the Circular 236 of the Central Bank of Lebanon (BDL). It is dedicated to support the financing of environmental projects including energy efficiency (EE) and renewable energy (RE) implementations, through offering soft loans with low interest to eligible and feasible projects.
We would like to thank Mr. Pierre El Khoury for his time in explaining to us the NEEREA loan and introducing us to LCEC frame of work.