From 28-30 October, the Energy for Sustainable Development Forum in Skopje brought together global and regional leaders to explore sustainable solutions for financing energy efficiency (EE) and renewable energy (RE) in North Macedonia and beyond.
On secound day of the forum, a highlight of the event was the panel session titled “Unlocking the Green Potential: Green Finance Facility (GFF) UN Joint Programme”, which showcased the transformative power of blended finance and strategic partnerships in accelerating the green transition.
Mr. Naum Ribaroski, Senior Banker at the EBRD Office in Macedonia, represented the European Bank for Reconstruction and Development (EBRD) and presented the impact and future potential of the GFF project.
This session focused on the GFF UN Joint Programme—a pioneering initiative providing affordable green financing for SMEs and underserved households in Macedonia. Through a unique collaboration between the Government, EBRD, UN agencies, and local financial institutions, GFF is driving measurable progress in climate change mitigation, air quality improvement, and social inclusion.
The panel examined how international financial institutions as EBRD, UN bodies, public sector funds, and private capital can work together to scale investments in sustainable energy. Real-world case studies demonstrated how combining concessional support with private financing can reduce risks and unlock new markets.
This panel showcase successful investment cases in EE and RE across sectors and share insights from countries, private sector players, financial institutions, and international organizations on tackling financing challenges. Also, it demonstrates the vital role of bilateral/multilateral donors and IFIs in enabling private capital flows.
This project promotes innovative blended financing models that combine public and private resources for higher impact fostering cross-sector collaboration to scale up green investments and advance the global climate agenda.
This event was designed for a wide array of stakeholders, including government agencies, financial institutions, businesses, SMEs, international organizations, civil society, academia, and households interested in the future of green financing and sustainable development.
Supported by
