Meet the need for long-term funding for municipal infrastructure and energy efficiency investments;
Use local intermediaries to reach smaller municipal borrowers than EBRD can directly;
Share risk with the banks to encourage them to extend the maturities of municipal loans;
Build the institutional capacity of banks in municipal finance, in particular with respect to energy efficiency;
Improve the creditworthiness of small municipal borrowers through programmes to enhance creditworthiness;
- Enhance the capacity of municipalities to structure and apply for financing for energy efficiency investments.
Facilitate access to medium and long-term credit for municipalities which have limited access to such funding;
Strengthen capacity of local banks in municipal and energy efficiency finance;
Demonstrate to the banking sector the viability of long-term lending to municipalities, including small municipalities to encourage them to expand financing of these infrastructure and energy efficiency projects;
Demonstration of the benefits of rational energy usage;
Building expertise (among banks and municipalities, including ESCOs);
- Raised energy efficiency awareness both in the public and private sector.
Municipalities, municipally owned companies and private companies providing municipal services will be the beneficiaries of financing for energy efficiency investments.
For general municipal infrastructure investments, excluding energy efficiency, small municipalities with fewer than 100,000 inhabitants will be the beneficiaries of the sub-loans.
Risk-sharing by EBRD with the banks in an amount equivalent to 35% of principal of sub-loans.
Provide creditworthiness enhancement programmes for small municipalities;
Improve local banks’ lending capacity in municipal finance, in particular for energy efficiency investments;
Assist municipalities to identify potential for improvements of energy usage and to prepare energy efficiency projects for financing.
Tendering under the Facility will follow EBRD’s Procurement Policies and Rules for public or private sector operations as appropriate. It is anticipated that the majority of contracts will be small civil works contracts below EUR 5 million, which would follow local tendering procedures in accordance with the Bank’s Rules.
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Public Information Policy (PIP)
The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP