Green Finance Facility Tender

Project ID: 56150
Status: In Exploratory, Pending Final Review
Location: North Macedonia
Business Sector: Financial Institutions
Notice Type: Private
Approval Date: 04 Apr 2025
Disclosure date: 25 Mar 2025
Project Description
Provision of a senior unsecured loan of up to €4.5 million (the "GFF Loan") to be provided in one single tranche under the Green Finance Facility in North Macedonia ("GFF").

Project Objectives
The loan is intended to provide sub-loans to SMEs in North Macedonia to support investments in eligible RE and/or EE projects ("Sub-projects"). 100% of the use of proceeds will be related to Green Economy Transition ("GET") investments.

Transition Impact
ETI score:65

project will contribute to the overall Facility objectives and support the Green and Competitive TI qualities. The proposed project will contribute to the Green TI quality as primary quality by helping address the high energy and carbon intensity of the private sector in North Macedonia by allocating 100% of the Bank's investment to the Green Economy Transition of the country. Furthermore, with its secondary Competitive TI quality, the project will build towards a more competitive financial sector by building the capacity of SBS for financing green investments, while also increasing the competitiveness of SMEs in North Macedonia by shifting towards RE and EE technologies in their operations.