This content is relevant for:Serbia
Financial Services / Financial Services, General / Financing / Energy, General / Energy Efficiency / Project Management, Evaluation / Air and Climate Protection
Brief description of the Contract:
Energy Efficiency and Renewable Energy (EE/RE) is gaining importance in Serbia and it is an explicit objective of the Serbian Government to increase EE/RE. However, EE/RE investments are still insufficient mainly due to (i) a lack of awareness of the need to conserve/save energy on part of enterprises, municipalities and households and (ii) limited access to long-term financing for EE/RE investments.
The Project "Low Carbon Energy Facility” addresses these challenges. Under this Project up to three partner financial institutions (PFIs) will implement Credit Lines under this project to be extended as EE/RE loans to MSMEs, private households and municipalities.
The objective of the Credit Lines is to increase and deepen access of micro, small and medium-sized enterprises (MSME), private households and municipalities to EE/RE finance thus contributing to the deepening and broadening of the financial sector as well as to climate protection through the reduction of energy consumption and CO2-emissions in Serbia.
The Project will be implemented in 2 Phases:
This tender is for Phase I only.
Requested Consulting Services:
The Credit Lines to the PFIs will be enhanced by a TMA of up to 0.4 million EUR in total to support the 3 PFIs individually with the following tasks:
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