Russia Sustainable Energy Finance Program

completed

The project works with participating financial institutions to encourage financing of sustainable energy projects in Russia. It helps: 1) deepen the Russian financial markets, making longer-term capital available for investment by small and medium enterprises, and 2) create an awareness in Russian financial institutions that energy efficiency projects are financially viable and improve the risk profile of the client by reducing operating costs. The objective is improved energy efficiency and profitability of Russian companies, leading to a reduction in greenhouse gas emissions.