IIP is working with the European Bank for Reconstruction and Development (EBRD) on a project to increase the financing of energy efficiency projects across China, India and Brazil.
The project, which is being sponsored by the Global Environment Facility (GEF), will involve replicating EBRD’s successful work in integrating industrial energy efficiency financing into its standard loan operations.
IIP will provide support for the global project development and coordinate work in China and India.
The project is being developed in the context of the energy efficiency and finance components of the UN Sustainable Energy for All (SE4All) initiative. It is being supported by Bloomberg New Energy Finance as part of Finance for Resilience (FiRe), an initiative designed to drive global investment in clean energy.
For more information about EBRD’s work on mainstreaming energy efficiency finance, please see our case study.