In Egypt, the EBRD Green Economy Financing Facility (GEFF Egypt II) provides finance and advice for private sector SMEs to improve competitiveness, through high performance technologies and sustainable practices. GEFF Egypt II is also available for households looking to invest in energy efficiency or renewable energy.
The facility supports Egypt’s green economy transition with €150 million of financing for energy efficiency, small-scale renewable energy investments, resource efficiency, circular economy, water efficiency and re-use, desalination, and sustainable land management.
SMEs and individuals can request from banks participating in the facility:
SMEs
Households
The technical support is provided by a local GEFF Egypt II team for various stages of project origination, investment appraisal and project implementation. This helps identify the best solutions and ensure quality green economy projects are successfully financed.
The Facility in Egypt is a product of the European Bank for Reconstruction and Development (EBRD), and supported by the European Union and the Green Climate Fund (GCF).