Western Balkans GEFF III

approved

The establishment of a Western Balkans Green Economy Financing Facility III ("WB GEFF III" the "Facility" or the "Programme") in Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia and Serbia (collectively, the "Western Balkans" or the "WB") for up to EUR 170 million in total financing to qualifying Partner Financial Institutions (PFIs) for financing green investments in the Residential and Public Sector in line with the Bank's Green Economy Transition ("GET") Approach. The Facility is supported by Technical Cooperation ("TC") and incentive payments, as envisaged by the Green Economy Financing Facility ("GEFF") Framework.