The European Bank for Reconstruction and Development intends to establish the Western Balkans Green Economy Financing Facility (GEFF). This financing facility will take the form of credit lines for a total of up to ca. € 85 million to Participating Financial Intermediaries in the six countries involved: Albania, Bosnia and Herzegovina, FYR Macedonia, Kosovo, Montenegro and Serbia, for on-lending to eligible sub-borrowers to finance residential energy efficiency and small-scale renewable energy investments.
The objective of this assignment is to transfer strategic know-how and raise awareness about modern energy performance standards to contribute to the creation of a demand-driven, self-sustaining market for investments in high performance technologies and services supporting a green economy.
Eptisa will support the project implementation with the following activities:
- GEFF set-up and administration: establish Facility infrastructure, including a network of regional offices; operational procedures; Facility website; a Technology Selector (List of Eligible Materials and Equipment) and a List of Eligible Suppliers and Installers (LESI) populated for each of WB countries.
- General market awareness: develop information materials; promote the GEFF and the benefits of best practice in energy efficiency solutions, technologies and associated investments.
- Capacity building for Participating Financial Intermediaries (PFI): develop operations manual and training materials for PFIs personnel (including on-line materials); deliver trainings and "train the trainer" programmes; support PFIs with the development and marketing of green residential lending products and preparation of sub-projects pipeline.
- Capacity building for sub-borrowers: support residents and housing collectives in the identification, development and financing of building-level energy efficiency projects in multi-apartment buildings; support and build capacity of intermediaries in the development of strategies aimed at improving the availability of energy efficiency technologies in the market.
- Verification, monitoring and reporting: undertake verification of sub-projects completion for projects eligible for investment incentives; Facility monitoring and reporting.