Project Description
The project works with participating financial institutions to encourage
financing of sustainable energy projects in Russia. It helps: 1) deepen
the Russian financial markets, making longer-term capital available for
investment by small and medium enterprises, and 2) create an awareness in
Russian financial institutions that energy efficiency projects are
financially viable and improve the risk profile of the client by reducing
operating costs. The objective is improved energy efficiency and
profitability of Russian companies, leading to a reduction in greenhouse
gas emissions.