Enhancing women’s access to finance for green technologies through EBRD-GCF Green Economy Financing Facilities (GEFFs)
About
In partnership with the Green Climate Fund, the EBRD via the Green Economy Financing Facility (GEFF) directs new climate finance flows to ten countries largely affected by
the consequences of climate change, and with persisting gender gaps, thereby promoting the uptake of financing for green technologies and sustainable business practices.
Approach and impact
The EBRD provides dedicated credit lines to local financial institutions to open up new financing paths and new markets of sustainable development for people pursuing climate investments. Comprehensive technical assistance is offered to participating financial institutions and their clients to:
Assess women entrepreneurs and homeowners’ awareness of climate risks and their obstacles in accessing green finance;
Build the capacity of the financial institutions through targeted staff training on gender- responsive lending and
Promote the awareness of green financing among women entrepreneurs and homeowners in the market