New financing opportunities for businesses - Green Economy Financing Facility (GEFF)

Published: 30.04.2020

Under the Green Economy Financing Facility (GEFF) program, ProCredit Bank offers new financing opportunities to SMEs that are planning investments in energy efficient, renewable electric power and environmentally friendly initiatives.

GEFF funding allows companies to purchase any modern technology available at Technology Selector, or to implement multi-component “green” projects and receive free technical assessment along with financial resources.

The investment criteria for the interested parties:

  • Energy-efficient machinery that emits at least 20% fewer greenhouse gases or saves energy
  • Improve the energy efficiency of existing buildings by at least 20%
  • Environmentally friendly investments aimed at saving at least 20% of water or providing sustainable land management
  • Separate investments in renewable energy technologies

The GEFF Programme was developed by the European Bank for Reconstruction and Development (EBRD). The programme is supported by Green Climate Fund (GCF) and the Austrian Federal Ministry of Finance (BMF).

Invest in green goals!