USD 100 million Green Economy Financing Facility (GEFF) established by the EBRD to support investments in climate mitigation, climate adaptation and other green economy technologies and services in Azerbaijan.
The Facility aims to accelerate Azerbaijan’s green economy transition by improving access to finance for eligible green investments across the residential, commercial and industrial sectors.
Financing will be provided through partner financial institutions. The list of partner institutions will be published following the completion of partnership agreements.
Eligible investments will be assessed in accordance with the EBRD’s GEFF eligibility criteria and supported by the Green Technology Selector and dedicated technical expertise.
The Facility is supported by a comprehensive Technical Assistance package, including technical assessments, project implementation support, capacity building for partner financial institutions, market awareness activities and advisory services for eligible investments.
The Facility promotes gender-responsive green finance, supporting inclusive access to green financing while strengthening the capacity of financial institutions to develop sustainable finance products.
The Technical Assistance package is financed by the European Union through the Economic and Investment Plan Facility, the EBRD Shareholders Special Fund, and the Azerbaijan–EBRD Cooperation Fund Account.
Energy Savings
Energy savings will be reported as eligible projects are implemented.
CO2 Savings
CO₂ emissions reductions will be reported as eligible projects are implemented
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