GCF GEFF Regional - Morocco Value Chain - BCP

completed

Provision of up to EUR 40 million green financing package to Banque Centrale Populaire ("BCP") which will be co-financed by Green Climate Fund. The facility will comprise: i.        a loan in the amount of up to EUR 10 million equivalent under the GCF GEFF Regional Framework ("GCF GEFF"), of which up to EUR 2.5 million equivalent is expected to be co-financed by the Green Climate Fund; ii.        a loan in the amount of up to EUR 30 million equivalent under the GCF GEFF Regional - Morocco Value Chain Framework ("GVC"), of which up to EUR 7.5 million equivalent is expected to be co-financed by the Green Climate Fund;