Green Economy Financing Facility (GEFF)
Through Green Economy Financing Facility (GEFF) the EBRD provides credit lines to local financial institutions so that they can finance the green investments of a large number of eligible beneficiaries. GEFF Uzbekistan is a framework operation of up to USD 60 million for financing GET investments in in line with the EBRD methodology and approach to intermediated financing of sustainable energy and resource technologies. GEFF Uzbekistan provides financing in the form of senior unsecured loans to Participating Financial Institutions (PFIs), including banks, microfinance and leasing companies. These loans are dedicated to finance private sector sub-borrowers in Uzbekistan for investment in green technologies and services supporting Green Economy Transition (GET technologies and services). The objective of this assignment is to transfer strategic know-how and raise awareness about modern energy performance standards to contribute to the creation of a demand-driven, self-sustaining market for investments in high performance technologies and services supporting a green economy. The specific objective is to support all aspects of the implementation of the Facility, from preparation to successful implementation and sub-project verification.