Client: European Bank for Reconstruction and Development
Region: Eastern Europe and Central Asia
We are creating a perpetual market for investments in efficient energy by Poland’s local businesses by training financial institutions on how to appraise and finance sensible energy projects; detailing for small and medium-sized enterprises (SMEs) the competitive advantages of investing in energy-efficient materials and equipment; and training local experts to assist SMEs in identifying and preparing technically feasible, bankable projects. Following the success of the first phase of the program, PolSEFF II provides a new energy efficiency credit line through local participating financial institutions. The facility will provide up to a €200 million credit line, following the previous phase’s €180 million disbursal, through a framework to commercial banks and leasing companies in Poland for on-lending to small and medium enterprises to finance investments in energy efficiency and small-scale renewable energy. This work will help build lasting capacity for this type of finance in Poland, which is presently highly reliant on foreign energy.
Despite the potential benefits of biotechnology, few technologies throughout history have caused as much controversy. Its application has raised concerns about safety to human health and the environment, as well as issues of technology access and equity and potential impact on politics and trade.Read More