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GCF GEFF Regional National Bank of Egypt Green SME Loan
Details
Location:Egypt
Category:Consulting services
Status:Formulation
Sectors:Environment & Climate, Private Sector & Trade, Financial Services & Audit
Contracting authority: National Bank Of Egypt
Description
Location:Egypt
Project number:50944
Business sector:Financial institutions
Notice type:Private
Target board date:27 Nov 2019
Status:Concept Reviewed
PSD disclosed:24 Oct 2019 Project Description Provision of a senior unsecured loan to National
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tender Background
About the Funding Agency
EBRD - European Bank for Reconstruction and Development - is a multilateral development bank, using investment as a tool to help build market economies. Initially focused on the countries of the former Eastern Bloc (former European Communist Countries), it expanded its support to development in the democracies of 30 countries from central Europe to central Asia. EBRD invests mainly in private enterprises.
EBRD is not to be confused with the European Investment Bank (EIB), which is owned by EU member states and is used to support EU policy.
About the Sectors
Environment & Climate
Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.
Key areas:
- Environmental protection and conservation
- Natural resource and ecosystem management
- Climate change and environmental resilience
Private Sector & Trade
Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.
Key areas:
- Private sector development and SME/MSME support
- Entrepreneurship, start-ups, and business growth initiatives
- Trade facilitation, import/export, and market access
- Commerce, retail/wholesale, and free trade mechanisms