MENA SEF II (IFC-600808)

  • Middle East and North Africa
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 29, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 2.63 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jul 26, 2019

Disclosed by Bank Apr 23, 2019

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Project Description

The overall goal of the MENA Sustainable Energy Finance (SEF) II Program is to improve access to finance for sustainable energy investments to increase competitiveness and address climate change issues in MENA region. The Program seeks to establish SEF products in the private sector by working with client banks, investment and advisory services clients across the region, and supporting the development via roll out of financially viable sustainable energy finance lending products through local financial institutions.

In order to achieve this objective, the Program will focus on four main components:

  1. Create a regional platform to support financial institutions in providing climate financing for private sector, with an emphasis on potential and existing IFC investment clients;
  2. Assist client FIs in building the pipeline of eligible projects, improve market conditions and further develop new financial products for energy efficiency, renewable energy, and resource efficiency projects as well as for green buildings, water efficiency projects and other climate change mitigation/adaptation projects
  3. Provide knowledge sharing across the region within financial community
  4. Develop necessary frameworks and guidelines to allow key stakeholders (primarily FIs) to employ innovative financial solutions for financing climate projects, like green bonds etc.
Investment Description
  • International Finance Corporation (IFC)
Contact Information

*Contact informaton not provided at the time of disclosure*


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