News dalla rete ITA

10 Marzo 2019

Cisgiordania/Striscia di Gaza

LAUNCH OF A GREEN FINANCE FUND IN PALESTINE

the French Development Agency (AFD) announced a contribution of €25m to finance projects in the fields of renewable energy, energy efficiency and environmental protection, through the Bank of Palestine (BoP) and Cairo Amman Bank (CAB). The fund will be disbursed in the form of long-term affordable financing to individuals and institutions for eligible green investment projects, such as energy efficient equipment and renewable energy production. The announcement for the funding was made at a joint event between AFD, BoP and CAB along with the Palestinian Energy and Natural Resources Authority (PEA) at which AFD’s Green Finance fund SUNREF (Sustainable Use of Natural Resources and Energy Finance) was launched in Palestine. SUNREF helps the private sector in the Southern Hemisphere capture opportunities in energy and environmental transition and encourages local banks to provide the necessary finance. 42 SUNREF projects have been successfully implemented since 2006, in partnership with 70 local banks in 30 countries of operation, for a total commitment of over €2.5bn of loans that have been allocated by AFD.   (ICE AMMAN)


Fonte notizia: Palestine Economic Portal