Transcript EBRD Financing for Sustainable Energy Investments

EBRD Financing for Sustainable
Energy Investments
Remon Zakaria
Business Development Manager
Energy Efficiency and Climate Change
European Bank for Reconstruction and Development (EBRD)
© European Bank for Reconstruction and Development 2011 | www.ebrd.com
EBRD’s SEI Investments:
Sectoral and Regional Distribution
Launched in 2006 to mainstream renewable energy and energy efficiency in EBRD’s
operations. Its achievements from 2006 to 2012 were:
- €11.1 billion invested, for total project value of €61 billion in 602 projects in 31
countries;
- Annual savings of 55 million tonnes CO2-eq per year (~ 14% of CA emissions) and
49.5 million toe per year (~ 35 % of CA primary energy production)
EBRD SEI 2012 ABV (EUR 2.3 billion)
Geographical distribution
Turkey, € 443 ,
19%
Central Asia, €
119 , 5%
Central Europe
and Baltics, €
291 , 13%
Eastern Europe
and Caucasus, €
407 , 18%
South-Eastern
Europe, € 535 ,
23%
Regional, € 156
, 7%
Russia, € 337 ,
15%
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SEI Operational Strategy
A Successful Holistic Approach
Via these three
parallel activities SEI
accounted for 26%
of EBRD’s Annual
Business Volume in
2012
Policy
Dialogue
Technical
Assistance
Technical assistance
to overcome barriers:
market analysis, energy
audits, training,
awareness raising;
grant co-financing to
provide appropriate
incentives and address
affordability constraints
Projects &
Investments
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Working with
governments to support
development of strong
institutional and
regulatory frameworks
that incentivise
sustainable energy
Projects with numerous
clients, public and private,
with a range of financing
instruments
Financing Sustainable Energy Investments
 Direct EBRD lending to Corporate and Municipal Clients
 Sustainable Energy Financing Facilities: On-lending through
Partner Financial Institutions
 Co-Financing with the private financial sector, public sources
such as multilateral donor funds and other IFIs
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Direct EBRD Lending to Corporate Clients:
what do we do?
 Assist Industrial, Commercial and Agribusiness (ICA) Clients with identification
of investment opportunities related to sustainable energy and resource
efficiency (REI) including in the built environment
 Provide technical assistance including:
 Energy and water audits, feasibility studies, technical assessments, cost-benefit
analysis of Energy Efficiency (EE) measures and specific REI opportunities;
 Review of technical design and procurement documentation;
 Corporate policies support, capacity building on specific aspects (e.g. ISO
50001 Energy Management);
 International Sustainability Certification;
 Comparison with national and international energy and water benchmarks;
 Assessment of market penetration rates of specific advanced technologies;
 Lender supervision assistance;
 Investment incentives under the Energy Efficiency Management System
Program
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
Sustainable Energy Financing
Facilities (SEFFs)
Structure
SEFFs are effective in reaching a wide range of industrial and residential clients
 SEFFs are effective in supporting commercial banks in providing finance in new
areas such as residential energy efficiency and small scale renewables
Donor-funded contract
Donor-funded contract
EBRD
Credit line
Project
Consultant
Support
Grant incentives
Commercial
banks
Sub-loans
Technical support
(project assessment)
Verification
Consultant
Grant incentives
Sub-borrowers
Technical support
(project verification)
For more information on our existing SEFFs, please visit the website:
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Case Study
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KyrSEFF – EU funded project planned to
be launched in Q2 2013
 USD 20 M facility, approved in December 2012 by the EBRD Board;
 Dedicated EE credit line promoting improvements in private housing
sector as well as SME/industries/renewables with max sub-loan size up
to USD 1.0 M;
 Eligible are individual home owners/associations/private HMCs,
housing cooperatives, ESCO and service providers refurbishing the
premises on behalf of the residents;
 The project combined Policy dialogue, Technical Assistance, Financing
and grant support;
 Incentives between 10 to 30% from the principal sub-loan amount
specifically for energy efficiency projects including technologies with
performance indicators exceeding the level of national regulation and
depending on complexity of the projects.
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For more information contact:
Remon Zakaria
Business Development Manager,
Energy Efficiency and Climate Change
[email protected]
Aleksandar Hadzhiivanov
Principal Manager
Energy Efficiency & Climate Change
[email protected]
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