Sustainable Energy Finance Facility (RUSEFF), Phase I
PHASE I - The general objective of the assignment was to assist the EBRD with the design, launch and implementation of a successful Sustainable Energy Finance Facility (RuSEFF) in the Russian Federation. The Facility provided credit lines to Participating Financial Institutions for debt financing for energy efficiency projects in industry. In addition, the Facility ensured that local financial institutions involved in the Facility became familiar with appraising and financing energy efficiency investments in industry, and that local engineers involved in the project team had the technical expertise to identify and prepare technically feasible and bankable projects. As a result, the Facility initiated a self-sustaining market for investments in energy efficiency projects in industry in the regions of the Russian Federation where the Facility was successfully implemented.