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projectFP025

GCF-EBRD Sustainable Energy Financing Facilities

29085915
TONNES of CO2 Anticipated tonnes of CO2 equivalent avoided

Impact

Mitigation & Adaptation
GCF results areas
  • Energy generation and access
  • Health, food and water security
  • Infrastructure and built environment
Gender benefits This project will benefit at least 33,000 women UN Sustainable Development Goal #7 Affordable and clean energy

Location & People

Regions
  • Africa
  • Asia Pacific
  • Eastern Europe
Countries
  • Armenia AM
  • Egypt EG
  • Georgia GE
  • Jordan JO
  • Moldova MD
  • Mongolia MN
  • Morocco MA
  • Serbia RS
  • Tajikistan TJ
  • Tunisia TN
Beneficiaries (approx.) 90,660

Investment Data

  • Financing:
    • Public
    • Private
  • Project size:
    • Micro
    • Small
    • Medium
    • Large
  • E&S Risk category:
    • Category I1
    • Category I2
    • Category I3
Total project investment
GCF Financing
  • Instrument Loan USD
  • Instrument Grant USD
Co-Financing
  • EBRD Loan USD
  • EBRD and/or other bilateral and multilateral donors Grant USD

Project owners

Accredited Entity Executing Entity
  • EBRD’s SEFF team
  • SEFF implementation teams
  • Participating financial institutions (PFIs)
GCF-EBRD Sustainable Energy Financing Facilities Approved October 2016 Duration 15.0 years
EBRD and GCF co-financed programme to deliver climate finance to the private sector at scale through Partner Financial Institutions across 10 countries.

Scaling up private sector climate finance is an urgent priority to rapidly put the world on a mitigation path leading to a 1.5°C outcome and enable vulnerable countries to move to a climate resilient pathway.

This programme will deliver climate finance at scale via Partner Financial Institutions (PFIs) in developing countries, which will fund over 20,000 scalable and replicable projects across industrial, commercial, residential, transport and agricultural sectors.

Sustainable Energy Financing Facilities is an on-lending programme that will provide credit lines to PFIs with the aim to create self-sustaining markets in the areas of energy efficiency, renewable energy and climate resilience.

The PFIs in the Programme will on-lend the funds to the borrowers such as MSMEs, special purpose companies and households for energy efficiency, renewable energy and climate resilience projects. Financing activities will be complemented by the provision of technical assistance (TA), both to the local PFIs and to the borrowers. This component will include capacity building of local PFIs and micro-, small- and medium-sized enterprises, project assessment and monitoring, and gender mainstreaming activities. 
Document title Published date
Funding proposal 10 Oct 2016
FP025 ESS Report 21 Oct 2016
Accredited Entity
  • European Bank for Reconstruction and Development (EBRD) Ms. Marta Simonetti Tel: +44 20 7338 7259 Mr. Vlad Olievschi Tel: +44 20 7338 6152
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