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Lending and Investment

Project Name: EBRD Financial Intermediary Investment Special Fund—Small Business Account—Phase III— Subproject 10: Lebanon Green Economy Financing Facility-Bank Audi Pilot Project
Project Description: To provide the loan for the Bank Audi Lebanon to on-lend for energy efficiency and renewable energy (EE/RE) investment project.


Project Objectives: The Loan will be the first dedicated green economy financing loan in Lebanon. The proceeds of the Loan will be used to extend loans for energy efficiency projects in line with the objectives of the Romania Green Economy Financing Facility. It will also build capacity within Bank Audi in developing a green product offering.
Executing Agency: EBRD, Bank Audi Lebanon
Implementation Arrangement: 1. Through the PFIs, the facility will provide the loans for eligible EE/RE investments in the agri-, industrial-, commercial- and the residential sector.

2. Associated Technical Assistance (TA):
The proposed Facility will be supported by a TA from the EBRD’s shareholder’s funding resource. The TA will include capacity building to Bank Audi which will include training, support with marketing, technical eligibility check and support with monitoring and reporting.

Project Manager: SU,YiChung
Project Coordinator Phone: 886-2-28732323ext.508
Project Coordinator E-mail: y.c.su@icdf.org.tw
Projected Benefits: 1. Expected Impact
Contributing to creation of a demand-driven, self-sustaining market for investments in high performance technologies and services supporting a green economy.

2.Outcome
•New GET related process introduced leading to energy efficiency
•120,000 t/y CO2 emissions reduced
•940,000 GJ/y Energy saved

Sector: Economic Infrastructure and Services
Sector Item: Banking and Financial Services
Cooperating Country: Lebanon
Cooperating Organization: European Bank for Reconstruction and Development (EBRD)
Project status: Projects under implementation
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  • Date:2018/11/23
  • Date Updated:2018/11/26