Project Description
In 2013 the EBRD established the Finance and Technology Transfer Centre for Climate Change (“FINTECC”), in order to accelerate deployment of climate technologies in markets which are lagging in this respect. FINTECC is the EBRD’s response to the global recognition that climate technology transfer is a key component in the strategy to reduce GHG emissions and address the challenges of climate change. FINTECC is currently supporting technology deployment in ETC and SEMED countries, which are lagging in the adoption of climate technologies due to a variety of barriers. A combination of policy dialogue, technical assistance and incentive grants is being provided by FINTECC in ETC and SEMED to support climate technology deployment. Via FINTECC, the Bank has so far signed incentives worth USD 1.53m for 9 transactions, supporting USD 18m of SRI investments.
FINTECC is now introduced into Ukraine. It is expected that FINTECC can result in substantial benefits for Ukraine. The FINTECC approach in Ukraine will comprise of a combination of policy dialogue, technical assistance and incentive grants, including a new type of incentive grants “Innovation Vouchers”.
The Project is consistent with the Bank’s Sustainable Resource Initiative (“SRI”), approved by the Board on the 16th April 2013 (BDS13-52F), aimed at promoting the sustainable use of energy, materials and water resources.
Project Objectives
ncreased capacity of Ukrainian businesses to innovate and collaborate in the manufacture and deployment of climate technologies
Increased opportunity for Ukrainian businesses to implement climate technologies, reduce energy costs and use monitoring, reporting and verification processes to help them participate in the upcoming carbon market.
TC Recipient Information
EBRD Clients in Ukraine.
Project Cost
€3,000,000
Funding Summary
Funded by EBRD-NIF Financing Technologies against Climate Change.
Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.
General enquiries
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com
Access to Information Policy (AIP)
The AIP 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 following its entry into force on 1 January 2020. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.
Specific requests for information can be made using the EBRD Enquiries form
Independent Project Accountability Mechanism (IPAM)
If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).
IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.
Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM via email ipam@ebrd.com to get guidance and more information on IPAM and how to submit a request.
