| Project Detail |
Location:
Regional
Project number:
55779
Business sector:
Financial institutions
Notice type:
Private
Environmental category:
BE
Approval date:
04 Dec 2024
Status:
Concept Reviewed
English-language PSD published:
28 Oct 2024
Project Description
The establishment of a Western Balkans Green Outcomes-Linked Debt Financing Framework ("WB GOLD", "GOLD", or the "Framework") in Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia (collectively, the "Western Balkans" or the "WB") for up to €400 million in total financing to qualifying Partner Financial Institutions (PFIs) for on-lending to SMEs and Midcaps with the objective to maximise Green Economy Transition (GET) on-lending share of Use of Proceeds (UoP) by introducing a concept of an outcome based quasi-margin adjustment of the EBRD loan. The Framework is supported by grant to support quasi-margin reduction in the format of the payment of results based compensation and a lean Technical Cooperation package.
Project Objectives
The Framework aims to guide the financial sector to institutionalise green lending practice into their business model in a sustainable way by introducing outcome-based quasi-margin adjustment mechanism and a lean TC package. |
