Residential GEFF Moldova

approved

Residential Green Economy Financing Facility Moldova (the "Facility", the "Framework" or "Residential GEFF Moldova") is envisaged to provide up to EUR 40 million equivalent to local Partner Financial Institutions ("PFIs") for on-lending to the residential sector (individuals, housing associations, service providers, technology vendors and producers, and construction companies along the residential building supply chain) for green economy investments in Moldova. The Facility will be also available in local currency which is crucial for residential borrowers. The Facility will be supported by donors such as the European Union ("EU") and the government of Norway through High-Impact Partnership on Climate Action ("HIPCA") for the financing of Investment Incentive payments, first loss guarantee in support of the local currency operations and Technical Cooperation ("TC") under the Facility.