The goal of this Program is to facilitate the use of green finance by MSMEs and low income people to increase access to clean and efficient energy products and services or assist adaptation to climate change. The purpose of the Program is to train MFIs to provide new green finance instruments so that they can capitalize on new opportunities in clean energy financing, while adjusting their risk management models to climate change risk, and adopting clean energy and energy efficiency standards to decrease their own contribution to climate change.
Project Detail
Country
Regional
Project Number
RG-O1649
Approval Date
October 5, 2011
Project Status
Implementation
Project Type
Container
Sector
PRIVATE FIRMS AND SME DEVELOPMENT
Subsector
MICROENTERPRISE DEVELOPMENT
Lending Instrument
-
Lending Instrument Code
-
Modality
Facility
Facility Type
FFG (Facility Financing for Grants)
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 9,794,550.00
Country Counterpart Financing
USD 4,200,000.00
Original Amount Approved
USD 5,594,550.00