Green Economy Transition

The Green Economy Transition’s programmes and themes

We work with a diverse range of clients including private sector firms, industry associations, municipalities and governments. Under the Green Economy Transition (GET) approach, we cover the following areas:

Energy & resource efficiency: opportunities to save energy and resources exist in almost every business and sector. Working closely with the energy, corporate and municipal sectors, the EBRD helps its clients to identify these opportunities, and turn them into economically viable projects. Engaging with the client’s operational staff, EBRD specialists undertake feasibility studies, thereby defining priority energy and resource efficiency investments.

Circular Economy: the EBRD works towards progressive dematerialisation of economic activities, in addition to maximising recycling, reusing, and upcycling of materials across value chains. To do this, we work with other financial institutions, corporate clients, public institutions (including the EU), research and advocacy organisations to promote policies, investments, innovative business models and practices that support this initiative. 

Renewable energy: the EBRD finances wind, hydropower, biomass and solar projects. We also finance network extensions and modernisation projects that facilitate the integration of renewable energy sources into existing systems. Through policy dialogue, the EBRD works with governments and regulators to develop policies and regulatory frameworks required to support renewable energy.

Climate resilience: the EBRD supports its clients in identifying and adapting to climate change impacts that are likely to affect their operations. This is achieved through improved practices and investments in measures and technologies that are suited to a changing and more variable climate. The EBRD’s work on climate resilience reaches many sectors of the economy including energy, transport, water and urban infrastructure, as well as corporates and financial institutions.

Under the GET approach, we have implemented a wide-range of programmes in our regions.

  • EBRD Green Cities strives to build a better and more sustainable future for cities and their residents. The programme achieves this by identifying, prioritising and connecting cities’ environmental challenges with sustainable infrastructure investments and policy measures.

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  • Green Economy Financing Facilities (GEFFs) aim to develop local financing markets for sustainable energy and resource efficiency projects. Through the GEFFs, the EBRD offers credit lines and technical assistance to local partner financial institutions who then support businesses and homeowners wishing to invest in green technologies.

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  • Near Zero Waste promotes waste minimisation and pollution prevention projects in various sectors of the economy in Turkey. The programme combines commercial and concessional financing for waste minimisation and recycling technologies. Additionally, through technical assistance and policy dialogue, the programme aims to mainstream waste minimisation in all economic sectors.

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The EBRD’s FINTECC (Finance and Technology Transfer Centre for Climate Change) programme is part of a global drive towards climate technology transfer for developing countries and countries in transition.

 

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