GCF-EBRD Sustainable Energy Financing Facilities (GCF-FP025)

Countries
  • Armenia
  • Egypt
  • Georgia
  • Jordan
  • Moldova
  • Mongolia
  • Morocco
  • Serbia
  • Tajikistan
  • Tunisia
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
  • Green Climate Fund (GCF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
EBRD's SEFF team
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
  • Industry and Trade
  • Technical Cooperation
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 378.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 344.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Grant Amount (USD)
$ 34.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 1,419.00 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ GCF website

Updated in EWS Jul 29, 2020

Disclosed by Bank Apr 25, 2018

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

This project supports financial institutions in participating countries to fund over 20,000 scalable and replicable projects across industrial, commercial, residential, transport and agricultural sectors, with a capacity building component. Borrowers could include micro, small and medium-sized enterprises, special purpose companies, and households. 

The project's stated aim is to create self-sustaining markets in the areas of energy efficiency, renewable energy and climate resilience. 

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

European Bank for Reconstruction and Development (EBRD)
Mr. Ryan Alexander
Tel: +44 20 7338 6056
alexandr@ebrd.com 
Mr. Jan-Willem Van de Ven
Tel: +44 20 7338 7821
vandevej@ebrd.com

Armenia 
Ministry of Nature Protection
His Excellency Mr. Artsvik Minasyan
Work: +37411 818 501
Fax: +37411 818 506

Egypt
Ministry of Environment
Mrs. Yasmine Fouad
Work: +202 2525 6499
Work: +202 2525 6454

CSOs in Egypt: 
International Centre for Development and Environment (ICED)
Manal El-Batran

Georgia
Ministry of Environmental Protection and Agriculture
Ms. Nino Tandilashvili
Work: +995 322 237 80 30
Mr. Grigol Lazrievi

CSOs in Georgia:
Caucasus Envrionmental NGO Network (CENN)
Vakho Kochoradze
Energy Efficency Center Georgia (EEC)
George Abulashuili

Jordan
Ministry of Environment
Eng. Dina Y Kisbi
Work: +962 6 5560 113 ext. 142
Fax: +962 6 5516377
Mobile: +962 77 7499940

Mongolia
Ministry of Environment, Green Development and Tourism
Mr Batjargal Zamba
Work: +976 7000 0743
Ms. Ch. Munkhzul
Work: + 976 11 311278
Mobile: +976 9916 0701
Battsetseg Tseren
Work: +976 7000 0743

Morocco
Ministry of Energy, Mining and Environment
Mr. Mohamed Nbou
Work: +212 661 535975

CSOs in Morocco:
Mohammed VI Foundation for the Research and Safeguarding of the Argan Tree (FMVI-RSA)  Chahboune Abderazak

Moldova
Ministry of Agriculture, Regional Development and Environment
Valentina Tapis
Mobile: (373 22) 204 504

Serbia
Ministry of Agriculture, Forestry and Water Management
Mr. Branislav Nedimovic
Mr. Igor Grabez
Work: +381 11 2607 960
Work: +381 11 2607 961
Ms. Helga Stojanovic

Tajikistan
Committee on Environmental Protection
Mr. Khayrullo Ibodzoda
Work: +992 37 236 4059

Tunisia
Ministry of Environment and Sustainable Development
Mr. Chokri Mezghani
Work: +216 22 74 93 62
Work: +216 70 24 38 00 ext. 2040

 

ACCESS TO INFORMATION

Requests for project information may be submitted using the IDP Request for Information by email to: disclosure@gcfund.org.

You can also submit an information request using this online form: https://www.greenclimate.fund/about/disclosure/form.  Additionally, if information requested is denied, an appeal can be filed to the Information Appeals Panel: iap@gcfund.org.  You can learn more about the Information Appeals Panel at: https://www.greenclimate.fund/about/disclosure/appeals.

 

ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND 

The Independent Redress Mechanism (IRM) addresses complaints by people who believe they are negatively affected or may be affected by projects or programmes funded by the Green Climate Fund (GCF). The complainant can raise issues related to any of GCF’s policies and procedures, including those relating to social and environmental issues, indigenous peoples, gender, and information disclosure, among others. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating problem solving or conducting a compliance process. You can learn more about the Independent Redress Mechanism and how to file a complaint at https://irm.greenclimate.fund/.

You can access a video about the IRM (English) at: https://youtu.be/1LanbriVhfs.

A brochure about the IRM can be accessed in English, French, Spanish, Portuguese, Arabic, Mandarin, Mongolian, Vietnamese, Russian, Ukrainian, Korean, German, and Kiswahili at: https://irm.greenclimate.fund/.

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How it works

How it works