The government encourages projects that have a positive impact on the environment by making the financing of 'green projects' attractive. Through a tax benefit for green savers and investors, a green bank can provide a loan to an investor at a lower interest rate. The amount of the interest and the discount depends on the specific green bank.
Green financing can be applied for almost any construction project.
This theme comprises three categories: renovation of commercial buildings, construction of new commercial buildings, and industrial projects. Within these categories, you must meet at least one of the specified conditions to be eligible for green financing.
For residential buildings, there are two categories: new construction and renovation. In both categories, you must meet at least one of the specified conditions to be eligible for green financing.
The amount of green financing that can be provided depends on the sustainability level of the building and its square meter size. Applications can be submitted throughout the year. An application must be reported within 6 months after the project’s commencement. A specialist from Van Draeckeburgh can work with you to determine if your project qualifies for financing and whether your application can still be submitted on time.
Feel free to contact us for a comprehensive overview of the conditions for each category and a plan of action for your project’s application.