Scaling Up Energy Efficiency (GCF)

Project Dates: January 2025 - December 2025
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Scaling Up Energy Efficiency (GCF)
PROJECT OBJECTIVE

The project aims to expand financing for industrial energy-efficiency investments through a risk-sharing facility for participating financial institutions.

PROJECT DESCRIPTION

Partial credit guarantees cover potential defaults on eligible loans made by participating financial institutions to industrial enterprises and energy-service companies, helping mobilise investment in qualifying energy-efficiency projects.




Region/Location

BUDGET

USD 86,300,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
  2. GCF - Green Climate Fund
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
SUPPORT SUBTYPE
  • Grant
ADDITIONAL INFORMATION

The total GCF financing is USD 86,300,000 (USD 75,000,000 risk-sharing guarantee and USD 11,300,000 grant). For more information, please visit https//vepg.vn/resources/vepg-documents/ and https//www.greenclimate.fund/portfolio/projects/fp071


BUDGET

USD 86,300,000

DONORS (OR FUNDING /CONTRIBUTING ORGANIZATIONS)
  1. WB - The World Bank
  2. GCF - Green Climate Fund
IMPLEMENTING AGENCY OR AGENCIES

SUPPORT TYPE
SUPPORT SUBTYPE
  • Grant