The general objective of the Financing Application is to increase energy efficiency for 8 residential buildings (nine blocks of dwellings) in Sector 4 of Bucharest and to improve the living conditions of their tenants, to promote a more resource efficient, greener, more competitive economy through intelligent energy management, in the conditions of sustainable development. The importance of the investment objective derives from the need to reduce heating costs for the population, especially low-income families/households, which will lead to improved purchasing power of disadvantaged social groups. The general objective is relevant to the objective of Priority Axis 3-Supporting the transition towards a low carbon economy, Investment Priority 3.1 – Supporting energy efficiency, intelligent energy management and the use of renewable energy in public infrastructure, including public buildings and housing sector, through which specific objectives must be achieved, aimed at their effects on citizens’ lives, the economy and the environment.Implementing energy efficiency measures for residential buildings/housing blocks will lead to improving the living conditions of the population, by: — Improving the conditions of interior comfort; — Reducing energy consumption; — Reduction of maintenance costs for heating and consumption of domestic hot water; — Reducing pollutant emissions from energy production, transport and consumption.