Supported by: REPUBLIC OF TURKEY MINISTRY OF TREASURY AND FINANCE
GREEN ECONOMY FINANCING FACILITY IN MOLDOVA
Helps you
MAKE YOUR IMPACT ON THE FUTURE OF MOLDOVA Whether you are developing your business, producing or selling high performing technologies, or renovating your house, through GEFF you can gain and contribute!
WHAT YOU SHOULD KNOW ABOUT GEFF • Developed and financed by the EBRD, GEFF benefits the economy, environment, businesses and households. • Worldwide, GEFF operates in 26 countries, supported by more than EUR 4.2 billion of EBRD finance. More than 129,000 investments have led to reduction of over 7 million tonnes of CO2 emissions per year. • GEFF provides a credit line of up to EUR 20 million through local banks in Moldova, and free advice on best suitable technology for your case. • GEFF makes available a team of financial and engineering experts from RINA and Frankfurt School of Finance and Management: the Facility Consultant (FC). The FC, is made available at no further cost for the sub-borrowers thanks to the co-financing of the Green Climate Fund and Ministry of Finance and Treasury of Turkey. • Loans of up to EUR 300,000 can be accessed for a single high-performing technologies. Loans of up to EUR 500,000 for
larger
projects
in
residential
sector..
The
non-residential sector may contract loans of up to EUR 5 million with advice from GEFF experts. • GEFF investments favour gender mainstreaming, which essentially values the businesses led by women.
BENEFITS OF INVESTING IN HIGH-PERFORMING, ENERGY-EFFICIENT TECHNOLOGIES
BUSINESSES
RESIDENTIAL /HOUSEHOLDS
VENDORS
ENVIRONMENT
Reduced energy, water and resource consumption, and thus lower costs Greater productivity and reliability of equipment Improvements in product quality Increased profitability and competitiveness Enhance your company image Improve building performance Contribute to an increase in property value Extend building lifetimes and improve the well-being of residents
Larger sales/production of energy-efficient and renewable energy technologies, hence higher turnover
Conservation of precious natural resources Reduction in pollution Healthier surroundings
HOW IT WORKS 1. Do you want to get financing for a specific technology? Select pre-approved technologies from the EBRD’s Green Technology Selector (https://techselector.com/moldova-ro/) to be financed by GEFF without any further technical approval. Eligible technologies include: Windows & Doors Insulation Boilers & Coolers Domestic appliances Cleaning and washing Lighting Motors, Pumps, Heat pumps
Power & Cogeneration Process Technologies Transport Irrigation Land preparation and seeding Water reuse and recovery
Once you find your technology on the tool, you can address a partner financial institution for a loan. The list of participating financial institutions is available at https://ebrdgeff.com/moldova/financing/.
2. Do you want to get financing for a green project? Ask for free technical advisory from the FC through the partner financial institution you selected. Some green investments can benefit from specific solutions that are not obvious or available under the simple “pre-approved” approach. In these cases, the FC provides advice at various stages of project implementation to analyse the eligibility of the investment proposal and to ensure that the most appropriate green technologies and services are financed using GEFF.
WHO IS ELIGIBLE? • Individuals owning or residing in a building or apartment in which they intend to implement an eligible investment. • Private companies, enterprises, firms, sole proprietors or other legal entities who wish to invest in eligible technologies. • Vendors of equipment or materials listed on the Green Technology Selector who are interested in participating in the Facility’s vendor financing programme. • “Green” technology manufacturers, as listed on the Green Technology Selector, who are planning to sustain or expand the “green” part of their business.
STEPS FOR USING THE TECHNOLOGY SELECTOR
1
GENERATE YOUR INVESTMENT IDEA
2
SELECT RELATED ELIGIBLE TECHNOLOGY FROM THE TECHNOLOGY SELECTOR
3
RECEIVE GEFF FINANCING FROM THE PARTNER FINANCIAL INSTITUTION (PFI)
4
GET THE TECHNOLOGY FROM THE VENDOR OR PRODUCER
5
ENJOY THE ENERGY SAVINGS AND FINANCIAL GAINS IN THE LONG-TERM
If you have any question please contact us on moldova@ebrdgeff.com Mitropolit Banulescu-Bodoni str. Nr.57/1, Office 412, Chișinău https://ebrdgeff.com/moldova/