Translated version of this PSD: Arabic
The Green Economy Financing Facility (GEFF) Lebanon will provide EBRD financing of up to USD 190 million for on-lending to local commercial banks. The framework will finance energy efficiency, renewable energy, and resource efficiency projects in Lebanon.
The framework is expected to contribute to the creation of a demand-driven, self-sustaining market for investments in high-performance technologies and services supporting a green economy in Lebanon.
EBRD's loans to local banks under GEFF Lebanon will unlock investments in energy efficiency, renewable energy, and resource efficiency in Lebanon for both climate mitigation and adaptation.
Participating financial institutions (PFIs) are expected to be local commercial banks.
EBRD Finance Summary
Total Project Cost
Environmental and Social Summary
Categorised FI. PFIs under this programme will be required to comply with EBRD's PRs 2, 4 & 9. Eligible sub-projects under GEFF will be required to be in compliance with the national environmental, social, labour, health and safety legislation as well as the Environmental and Social eligibility criteria for Renewable Energy and Energy Efficiency sub-projects. This will be confirmed to PFIs by a Project Consultant who will be hired by the EBRD to cover this issue. It is anticipated that PFIs will likely be existing clients of the Bank, and hence will already be familiar with EBRD's E&S requirements applicable to FIs. Any new PFIs will be required to complete the E&S Due Diligence Questionnaire for FIs and submit this to ESD for review to establish their compliance with the PRs. All PFIs will be required to submit Annual Environmental and Social Reports to the Bank via the FI Sustainability Index.
Technical cooperation will be undertaken by a team of project consultants for capacity-building, pipeline development, project assessment, and marketing support to PFIs, as well as outreach activities.
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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