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projectFP025

GCF-EBRD Sustainable Energy Financing Facilities

27456416
TONNES of CO2 Anticipated tonnes of CO2 equivalent avoided

Impact

Mitigation & Adaptation
GCF results areas
  • Energy generation and access
  • Buildings, cities, industries and appliances
  • 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
  • Eastern Europe
  • Africa
  • Asia-Pacific
Countries
  • Armenia ARM
  • Egypt EGY
  • Georgia GEO
  • Jordan JOR
  • Mongolia MNG
  • Morocco MAR
  • Republic of Moldova MDA
  • Serbia SRB
  • Tajikistan TJK
  • Tunisia TUN
Beneficiaries (approx.) 72,840

Investment Data

  • Financing:
    • Public
    • Public / Private
    • 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 Est. implementation period 15.0 years Est. completion date 02 February 2033
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.

The project has an estimated lifespan of 15 years.
Type
Document title
Published date
ESS report FP025 - EBRD - Armenia, Egypt, Georgia, Jordan, Mongolia, Morocco, Republic of Moldova, Serbia, Tajikistan, Tunisia 21 Oct 2016
Approved funding proposal FP025 - EBRD - Armenia, Egypt, Georgia, Jordan, Republic of Moldova, Mongolia, Morocco, Serbia, Tajikistan and Tunisia 22 Mar 2017
Accredited Entity
  • European Bank for Reconstruction and Development (EBRD) Mr. Alexis Franke Tel: +44 20 7338 6004 Mr. Jan-Willem Van de Ven Tel: +44 20 7338 7821
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