PROJECT DESCRIPTION
In developing and emerging countries, financial resources for expanding sources of renewable energy and for energy efficiency measures are often lacking, since banks and investors lack expertise in such technologies. The end result is that risks are overestimated and projects do not come to fruition. The Green Banking initiative tackles this problem by offering an extensive programme of scholarships and further training that covers all aspects of renewables financing. A key programme focus is training to become a certified ‘Green Banking Specialist’, which is aimed at bank employees and independent investors. The course is also supplemented by a train-the-trainer programme to ensure long-term knowledge transfer into banks and financial institutions. Following the successful rollout of the ‘Green Banking’ training programme in Asia, it is now being set up in Latin America and three countries in northern Africa.