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Development of the Energy Savings Insurance Program and additional financial instruments for energy efficiency and distributed renewable energy in SMEs (Paraguay – AFD)

BENEFICIARY:

AFD - Agencia Financiera de Desarrollo

COUNTRY: Paraguay

PROJECT: Development of the Energy Savings Insurance Program and additional financial instruments for energy efficiency and distributed renewable energy in SMEs (Paraguay – AFD)

DESCRIPTION: Support to the Development Financial Agency of Paraguay (AFD) for the design of innovative financial and non-financial instruments to scale up private investments in energy efficiency and renewable energy by SMEs. Includes support for the preparation of a funding proposal to the GCF for US$ 23 Million that was aproved by GCF Board on February,2018. The project will allow the AFD to offer a green credit line to SMEs for projects in energy efficient.

INICIATIVE: Financial Mechanisms for Sustainable Energy - Green Finance - 

PROJECT TYPE: Technical Cooperation

OPERATION NUMBER: RG-X1244

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