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

Countries
  • Armenia
  • Egypt
  • Georgia
  • Jordan
  • Moldova
  • Mongolia
  • Morocco
  • Serbia
  • Tajikistan
  • Tunisia
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
Bank Risk Rating
B
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.
Borrower
EBRD's SEFF team
The holder of the loan, grant, or other investment.
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, etc.
Investment Amount (USD)
$ 378.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. 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, converted to USD$. 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, converted to USD$. 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, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ GCF website

Updated in EWS Jul 12, 2018

Disclosed by Bank Apr 25, 2018


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Project 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
  • European Bank for Reconstruction and Development (EBRD)
  • Green Climate Fund (GCF)
Contact Information

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

ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND
The Independent Redress Mechanism (IRM) is the independent complaint mechanism for a person or people who have been or believe they are likely to be adversely affected by a project or programme funded by the Green Climate Fund. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating a problem-solving dialogue or, if that is not possible, conducting an independent investigation into whether the GCF has complied with its environmental and social policies. The IRM is newly created and is still in the process of developing its procedures and website. More information about the IRM and how you can file a complaint is forthcoming. You can contact the IRM at irm@gcfund.org.