Product Development

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Product Development

The Climate Finance Innovation Facility (CFIF) supports finance-industry engagement in the new climate sectors Renewable Energy and Energy Efficiency. The Facility provides developing country financial institutions with technical assistance and funding for the development of climate focused financial products and services.

The Green for Growth Fund Southeast Europe (GGF) provides Megabank, Ukraine with a credit line for financing energy efficiency (EE) and renewable energy (RE) investments to Ukrainian Micro, SME and Corporate clients.

The Balkans Renewable Energy Program (BREP) is International Finance Corporation’s (IFC) regional programme for promotion of renewable energy (RE) projects in Albania, Bosnia and Herzegovina and Federal Yugoslav Republic of Macedonia. Objective of the programme is to provide assistance to participating countries’ government (e.g. ministries) and financial (e.g.

The Malaysian Ministry of Natural Resources and Environment is developing a National Framework on REDD+ that includes the policy, legal and institutional components for REDD+ as well as providing recommendations on a sustainable financing mechanism for REDD+ implementation to be endorsed by the National Committee on REDD+.

East Africa’s transition process towards Renewable Energy (RE) sources is essential for the region’s overall development. The project’s objective is to achieve the diversification of energy sources in a technically, economically, and financially viable manner.

The consequences of extreme climatic events such as droughts and floods pose an increasing threat to rural and peri-urban communities.

The Mid-size Sustainable Energy Financing Facility (MidSEFF) was launched in December 2010 in order to reduce Turkey’s dependence on fossil fuels by supporting investments in Renewable Energy (RE) and Energy Effiency (EE) projects to increase energy savings and reduce carbon emissions.

The Agence Francaise de Developpement (AFD) places a major focus of their operations in Indonesia on climate change. Besides traditional project finance, the AFD is supporting Indonesia’s climate policy through sectorial budgetary loans, credit lines dedicated to low carbon projects and technical assistance.

The Indonesia Solar Loan (ISL) Programme was a support programme to help develop a competitive credit market for Solar Energy Technology (SET) in Indonesia. Initiated by UNEP with the support of the German Government, the programme was supporting the mainstreaming and commercialisation of SET lending through local financial institutions (FIs) while increasing its outreach to rural and low-income areas that would benefit most from the technology’s application.
Access to modern, clean energy is essential to improving living conditions. However, many Southeast Asian households can't afford to purchase clean energy technologies. While financing is needed, many financial institutions have not yet realised these new credit opportunities. FACET aims at mobilising financial access to clean energy by combining temporary financial support mechanisms with technical assistance and capacity building measures.