EBRD Green Economy Financing Facilities (GEFFs)

Enriched UN / Multilateral · Found: 2026-03-11 11:10

GEFFs provide financing to local financial institutions for on-lending to private sector clients for investments in green technologies including resource efficiency, renewable energy, and circular economy projects.

Source: https://ebrd.com/home/who-we-are/ebrd-values/ebrd-environmental-social-sustainability/EBRD-green.html

Funding Details

Funder

European Bank for Reconstruction and Development (EBRD)

Funding Goal

Finance green economy transition through local financial institutions, supporting private sector investments in resource efficiency, renewable energy, and circular economy projects across EBRD countries of operation.

Funding Amount

Financing amounts vary by facility and are disbursed through participating local financial institutions; no single fixed amount stated.

How to Apply

Applications are made through participating local financial institutions (banks/leasing companies) in EBRD countries of operation. End-clients contact their local participating bank, which assesses the green technology eligibility and submits for GEFF financing. Technical assistance may be available to help identify eligible investments.

Target Region

Eastern Europe, Central Asia, Southern and Eastern Mediterranean, and other EBRD countries of operation

Contact

EBRD contacts: https://ebrd.com/home/contacts.html | GEFF program site: https://ebrdgeff.com/about-seff/ | Media enquiries: https://ebrd.com/home/contacts/ebrd-media-enquiries.html

Last Checked

2026-03-11 16:20

Application Checklist

Eligibility

• Applicant must be a private sector entity (companies, households, municipalities) — NGOs and non-profits are generally not the primary eligible recipients
• Applications must be submitted through a participating local financial institution (bank or leasing company) in an EBRD country of operation — no direct applications to EBRD
• Investment must be located in an EBRD country of operation (Eastern Europe, Central Asia, Southern/Eastern Mediterranean)

Project Scope

• Project must meet specific green technology eligibility criteria defined by the relevant GEFF facility (resource efficiency, renewable energy, or circular economy)

Required Documents

• Contact and engage a participating local financial institution to initiate the application process
• Prepare documentation demonstrating the green technology classification of the proposed investment

Constraints

• Program is focused on private sector clients; civil society and non-profit organizations have limited pathways for direct access

Summary

The EBRD Green Economy Financing Facilities (GEFFs) are structured finance programs that channel funding from the EBRD through local financial institutions (banks and leasing companies) to end-clients in the private sector. The program aims to develop local financing markets for sustainable energy and resource efficiency projects, acting as a catalyst for green investment in EBRD's regions across Eastern Europe, Central Asia, and the Southern and Eastern Mediterranean. GEFFs support a range of green investments including resource efficiency (energy, water, materials), renewable energy systems, and circular economy projects. The facilities provide both financing and technical assistance, including support for clients to identify and assess green investments. Eligible projects must meet specific green technology eligibility criteria defined by each facility. The program is part of EBRD's broader Green Economy Transition (GET 2030) strategy, which outlines the Bank's objectives to support green transition from 2026 to 2030. GEFFs are delivered through intermediary financial institutions, meaning end-beneficiaries apply through participating local banks rather than directly to the EBRD. This intermediated structure means NGOs and non-profits are typically not the primary target audience. The EBRD combines these green investments with policy dialogue and technical assistance to bring about systemic market change, ensuring that green investments become economically viable in the long term across its regions of operation.

Historical Context

EBRD has been operating since 1991 and has invested over €220 billion in more than 7,800 projects. GEFFs have been a long-running program under EBRD's green finance umbrella. The new GET 2030 strategy (Green Economy Transition 2026-2030) was approved in March 2026, updating the previous framework.

Why it was added

World Bank/dev bank waste management program

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