Description/achievement of initiative
Meet the energy needs of beneficiary countries in Central Europe, Eastern Europe and Central Asia as they make the transition to low-carbon energy solutions; promote energy efficiency and the development of renewable energy.
The TaiwanICDF makes a contribution of US$80 million to this Green Energy Special Fund and the operation and implementation will be administrated by the EBRD. GESF proceeds are offered on a subsidized basis to promote the take-up of advanced, high-efficient technologies by municipal or regional governments, instead of cheap but less energy efficient products.
Arrangements for Capacity-Building and Technology Transfer
Coordination mechanisms/governance structure
TaiwanICDF (Taiwan), European Bank for Reconstruction and Development (EBRD), local or regional governments under the list of EBRDís countries of operations. Particular focus on small and medium municipalities and early transition countries.
Provide concessional loan during the 10-year Fund period.
Sustainable Development Goals and targets
Resources devoted to implementation
Financing (in USD)