GFF in North Macedonia

helps SMEs invest in renewable energy & energy efficiency technologies by providing financing through local Partner Financial Institutions


The EBRD’s Green Financing Facility in North Macedonia (GFF Macedonia) is a credit line of up to € 30 million for financing SME investments in energy efficiency and renewable energy through partner Banks and Leasing Companies.


The Facility combines project investment finance though loans and leases with technical advice and services developed for SME business to understand, implement and benefit from high-performance, green energy technologies.


Upon successful verification of GFF investment projects, SMEs are eligible for a cash-back incentive of up to 5% for energy efficiency investments; and up to 10% for renewable energy investments or for combined renewable energy and energy efficiency investments. The cash-back incentive is financed by the Government of the Republic of North Macedonia and the Joint SDG Fund, via the United Nations Development Programme.


For more information on how to apply, go to How to apply.


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Latest news and success stories

Green Finance Facility presented at the Air Pollution Project in Kumanovo
Green Finance Facility team together with UNDP took active part on the Energy Efficiency Fair in Kavadarci
Presentation of the Green Finance Facility at Economic Chamber of North Macedonia, Association of Construction, Building Materials Industry and Non-Metals