- Agriculture
Project Name:Financial Intermediary and Private Enterprises Investment Special Fund-Sustainable Agribusiness Value Chain Account
Project status:Projects in Operation
Cooperating Country:Europe, West and Central Asia
Project Description:
The TaiwanICDF commits to set up a separate account under the the (Financial Intermediary and Private Enterprises Investment Special Fund, FIPEISF). The proceeds from the fund will be used to co-finance with the EBRD, providing financing to small and medium-sized enterprises (SMEs) in the agribusiness sector in eligible countries, on which the TaiwanICDF shall update and inform the EBRD on a yearly basis.
Region:World Wide
Project Objectives:
1. Enabling access to finance and promoting innovative financing instruments, especially for capex investments and working capital needs.
2. Promoting green growth and reducing GHGs emission by supporting energy and resource efficiency in manufacturing, transport and storage infrastructure for agricultural commodities to build resilience against climate change.
3. Promoting forward and backward linkages with suppliers and farmers along the agribusiness value chain, and offer the opportunity for the rural population to share the benefit of economic growth and provide enhanced urban-rural linkage.
Executing Agency:EBRD
Implementation Arrangement:The proceeds from this project will be used by the EBRD for making loans to borrowers in the agribusiness sector in the eligible countries after consulting with the TaiwanICDF. The contribution shall be used and administered in accordance with the Rules and Regulations of FIPEISF.
Project Contact:Su, Yi Chung
Phone:886-2-28886073
E-mail:y.c.su@icdf.org.tw
Projected Benefits:The project will leverage the funding and technical assistance resource of the TaiwanICDF and EBRD to improve the access to finance of small and medium agribusinesses in EBRD’s countries of operation, and bring about deeper impact on the beneficiary agribusinesses.
- Update:2022-08-30
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