Environmental Business Finance Program (EBFP)

The objective of EBFP is to engage financial intermediaries (FIs) such as banks, leasing companies, and microfinance institutions, in the financing of Small and Medium Enterprises (SMEs) that contribute to the improvement of the global environment and meet GEF operational objectives. It plans on addressing both the demand and supply sides of environmental markets for SMEs. EBFP will build upon the lessons learned from the previous SME program. In particular, EBFP will provide a financing facility, a technical assistance program, and a monitoring and evaluation framework that ties environmental performance with financial criteria.