| Project Detail |
The Green Economy Financing Facility Tunisia (GEFF Tunisia, Framework) is the first EBRD GEFF Framework in Tunisia. The Framework totals EUR 58.5 million (TND 200 million equivalent) and will be provided to local Partner Financial Institutions (PFIs). The funds will be on-lent to eligible sub-borrowers investing in green eligible equipment/technologies, in a gender-responsive way. The Facility will be supported by donor funding provided by the European Union (EU) and the EBRD Shareholder Special Fund (SSF). Project Objectives The Facility aims to address the high energy and carbon intensity in Tunisia, which hinders sustainable economic development and the competitiveness of businesses in the country. In addition, the low cost of energy hampers the introduction of green technologies and practices in the local market. Therefore, the Facility will focus on (i) scaling up investments in green technologies in a gender-responsive way, (ii) demonstrating the commercial viability of energy efficiency investments and (iii) encouraging Tunisias transition to a greener economy. |
