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Czech Republic: Czech Green Investment Scheme (GIS) (co-purchase) (SCF T2)
(Spanish Carbon Fund T2)

This “Program of Savings of Energy and Renewable Energy Sources on the Revenues from Sale of Emission Credits – Green Investment Scheme” has been set up by the Czech Republic on 1 April 2009. The overall objective of the GIS program is to support selected measures implemented in residential buildings by resident persons and entities owning residential buildings that will lead both to immediate reductions in carbon dioxide emissions and to the initiation of a long-term trend of sustainable housing.

The program will be regularly monitored and minor changes in conditions may occur based on the program evaluation. The condition is important to create confidence in the program among the potential applicants. At the same time, it will allow for its effective promotion. A level of financial support is specified so that the program can target as many projects as possible and, at the same time provide a sufficient incentive for building owners to act. Eligible applicants include the owners of family houses and apartment buildings, i.e. natural persons, associations of owners, housing cooperatives, municipalities and business entities.

The main areas of support are: a) savings of energy for space heating of residential buildings; b) reconstruction of residential buildings to reach passive energy standards; and c) heat production from renewable energy sources in residential buildings.

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