- Environment
Project Name:EBRD Financial Intermediary Investment Special Fund—Small Business Account—Phase III— Subproject 13: Uzbekistan Green Economy Finance Facility
Project status:Projects in Operation
Cooperating Country:Uzbekistan
Project Description:
This project comprises a dedicated line of finance for green investments in Uzbekistan, providing critical resources for improving sustainability in business- and residential-sector operations. By working with Partner Financial Institutions (PFIs) in Uzbekistan, the project mobilizes green financing resources that link funding to specific green technology standards, helping to facilitate market penetration of high-performance green technologies in the country. This encourages the private sector to adopt eligible green technologies like drip irrigation, water-saving equipment, photovoltaic cells and other renewable energy installations, low-emissions transportation, logistics and agricultural machinery, sustainable residential sector technologies, and others.
Project Objectives:
The project is expected to help mobilize private capital toward climate mitigation and adaptation technologies in the business and residential sectors of Uzbekistan. Mobilizing private sector partners and provisioning dedicated climate finance is particularly important for supporting policy measures that address climate risk and vulnerability, as well as for tackling Uzbekistan’s environmental challenges more broadly.
Executing Agency:
EBRD and 3 Partner Financial Institutions (PFIs) in Uzbekistan.
Implementation Arrangement:
The proceeds will be on-lent by PFIs to private sector SMEs, corporations, and individual sub-borrowers for investment into climate change mitigation and adaptation as well as projects with other environmental benefits.
Project Contact:SU, Yi-Chung
Phone:886-28886073
E-mail:y.c.su@icdf.org.tw
- Update:2024-05-16
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