Green Energy Special Fund (GESF)
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.

Implementation methodologies

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.


1. TaiwanICDF (Taiwan) 2. European Bank for Reconstruction and Development (EBRD) 3. Local or regional governments under the list of EBRD’s countries of operations. particular focus on small and medium municipalities and early transition countries.
Deliverable Date
Provide concessional loan during the 10-year Fund period. 2011-2021
Resources devoted to implementation
Type Details
Financing (in USD) $80,000,000

  • Location: Targeted local or regional governments are under the list of EBRD’s countries of operationsand and the TaiwanICDF’s countries of priority.
  • Date of completion: May 18, 2021
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L.C.Chen, Division Chief,

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