Green Economy Financing Facility (GEFF)

Description of the programme / policy

Green Economy Financing Facility (GEFF) supports businesses and homeowners wishing to invest in green technologies.The GEFF programme operates through a network of more than 140 local financial institutions across 26 countries supported by more than EUR 4 billion of EBRD finance.

Main objective of the programme/policy

The establishment of a Western Balkans Green Economy Financing Facility III (“WB GEFF III” the “Facility” or the “Programme”) in the WB for up to EUR 170 million in total financing to qualifying Partner Financial Institutions (PFIs) for financing green investments in the Residential and Public Sector in line with the Bank’s Green Economy Transition (“GET”) Approach.

Specific objective of the programme/policy

The project aims to support green economy investments in eligible energy efficiency and renewable energy measures under GET Approach.