EBRD and multi-donor E5P fund to finance ‘green’ buses for Yerevan
November 24, 2021

EBRD and multi-donor E5P fund to finance ‘green’ buses for Yerevan

The European Bank for Reconstruction and Development (EBRD) has extended a €20 million sovereign loan to Armenia to support the Yerevan Bus Company to acquire new buses working on compressed natural gas.

The vehicles will improve the service for the city’s 1 million inhabitants by increasing the reliability, safety and efficiency of public transport while benefiting the environment by reducing emissions. The Yerevan Bus Company will also benefit from the EBRD’s technical cooperation support for the introduction of a new ticketing system.

The EBRD loan is supported by a capital grant of €5 million provided by the Eastern Europe Energy Efficiency and Environment Partnership (E5P).

Find out more

Press release


Interested in the latest news and opportunities?

This website is managed by the EU-funded Regional Communication Programme for the Eastern Neighbourhood ('EU NEIGHBOURS east’), which complements and supports the communication of the Delegations of the European Union in the Eastern partner countries, and works under the guidance of the European Commission’s Directorate-General for Neighbourhood Policy and Enlargement Negotiations, and the European External Action Service. EU NEIGHBOURS east is implemented by a GOPA PACE-led consortium. It is part of the larger Neighbourhood Communication Programme (2020-2024) for the EU's Eastern and Southern Neighbourhood, which also includes 'EU NEIGHBOURS south’ project that runs the EU Neighbours portal.

The information on this site is subject to a Disclaimer and Protection of personal data. © European Union,