GEFF Morocco II is a €150 million financing facility dedicated to Green Economy Transition (GET) investments in line with the European Bank for Reconstruction and Development’s (EBRD) GET methodology and approach to intermediated financing of sustainable energy, resource efficiency and climate resilience technologies and in line with donor requirements and specific eligibility criteria. The project builds on EBRD’s successful experiences with the implementation of Morocco Sustainable Energy Financing Facility (MorSEFF) and the new Green Value Chain Facility.
GEFF Morocco II provide financing in the form of senior unsecured loans to Participating Financial Institutions (PFIs), including banks, microfinance and leasing companies. These loans shall be dedicated to finance private sector sub-borrowers (SMEs, corporates and households) in Morocco for investments in green technologies and services supporting Green Economy Transition.
ACS is a partner to DAI on the facility and provides technical assistance to the banks and sub-borrowers to finance their projects and estimate the potential impact of projects in terms of energy efficiency, water savings, and waste recovery.