€50 million loan to BZ WBK Leasing marks the launch of GEFF in Poland

The EBRD is launching its new Polish Green Economy Financing Facility for Leasing with a €50 million loan to BZ WBK Leasing S.A. to finance investments in energy and resource efficiency, renewable energy, water and waste management for local private businesses.

Introducing environmentally-friendly and market-compatible ways of generating power and energy remains a major challenge for Poland. Despite being committed to the 2020 EU climate change targets, which include a 20 per cent reduction in greenhouse gas emissions, Poland remains highly energy and carbon intensive.

By collaborating with BZ WBK Leasing, the GEFF will be extended to private sector customers throughout the country. BZ WBK Leasing, headquartered in the western Polish city of Poznań, is one of the largest leasing company in Poland and growing strongly.

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