In Armenia, Green Economy Financing Facility (GEFF) provides finance, advice and incentives to help businesses become more competitive by investing in high-performance technologies and adopting energy efficiency practices. The Facility in Armenia is a product of the European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and the Scaling-up Renewable Energy Program (SREP) of the Climate Investment Funds (CIF). Currently, the Facility supports Armenia’s green economy transition with US$ 41 million through participating local financial institutions. Here is how GEFF works, there are two basic approaches:
To use GEFF, you may either
If you have any questions, please do not hesitate to contact the GEFF Help Desk.