GEFF

What GEFF does

GEFF (Green Economy Financing Facility) is a financing facility developed and operated by the European Bank for Reconstruction and Development (EBRD), a multilateral development bank headquartered in London. Established around 2009 and active in 38+ countries across Eastern Europe, the Caucasus, Central Asia, the Western Balkans, North Africa, and the Middle East, GEFF combines technical knowledge with concessional finance to help clients invest in high-performing green technologies. It serves SMEs, households, corporate clients, ESCOs, public entities, housing associations, and suppliers/producers, with project sizes ranging from €5,000 to €50m+ and 10-20% cashback incentives on qualifying projects.

GEFF's product surface consists of country-specific GEFF facilities, a specialized Green Value Chain (GVC) Programme for Moroccan agribusiness and logistics SMEs, and technology-category financing modules spanning renewable energy (solar PV, wind, hydro, biomass, biogas), energy-efficient equipment (HVAC, LED, insulation, windows), water efficiency (drip irrigation), electric vehicles, and advanced medical imaging. Its core platform is the Green Technology Selector, a web-based tool that allows borrowers to filter eligible technologies by sector, country, beneficiary type, donor, and project value. GEFF does not develop proprietary green technology; its differentiation lies in technology verification, eligibility screening, and the integration of donor capital with local banking distribution.

GEFF generates revenue primarily through technical-assistance fees and interest on loans, with capital sourced from multilateral and bilateral donors (EU, EIB, GCF, AFD, plus 15+ bilateral donors). It distributes capital through an indirect channel model, providing credit lines to local partner banks, leasing companies, and microfinance institutions, which then on-lend to end borrowers. The go-to-market combines EBRD-led institutional marketing (website, case studies, donor communications) with a bottom-of-funnel channel-partner network across all operating countries.

Name

GEFF

Legal name

GEFF - Green Economy Financing Facility

Website

https://ebrdgeff.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

51–100 employees

Short description

GEFF is an EBRD-operated green financing facility active in 38+ countries, providing concessional credit lines through local partner banks to SMEs, households, and public entities for renewable energy, energy efficiency, and sustainable technology investments.

Ownership category

akta.pro rank

Product category

Climate Finance / Green Economy Financing

NAICS

Credit Intermediation and Related Activities (522), Other Financial Vehicles (52599), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), International Affairs (9721)

akta.pro primary industry

Climate Finance Funds & Green Investment Facilities (BPADACAH)

akta.pro secondary industries

Development Finance & Blended Finance Facilities (BPADAOAD), National Development Banks & State Development Finance Institutions (DFIs) (BPADACAC), Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Development Finance, Guarantees & Blended Finance Programs (BPADABAM)

Keywords

• Green financing facility
• Climate finance
• Energy efficiency lending
• Renewable energy finance
• Sustainable technology loans

Headquarters

HQ city

Novi Beograd

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Green Loans and Credit Lines: Provides credit lines to local partner financial institutions for on-lending to SMEs, households, and other eligible borrowers for green investments. Revenue generated through interest on loans and technical assistance fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

GEFF (Green Economy Financing Facility) is a financing programme developed and operated by the European Bank for Reconstruction and Development (EBRD) that channels credit lines through local partner financial institutions (banks, leasing companies, microfinance institutions) to SMEs, households, corporates, ESCOs, and public entities to finance investments in high-performing green technologies such as renewable energy systems, energy-efficient equipment, water efficiency solutions, electric vehicles, and green building upgrades. The facility combines technical advisory services, a Green Technology Selector tool, and investment incentives (cashback programmes of 10-20%) to support green investments across 38+ countries.

Product overview

GEFF (Green Economy Financing Facility) is a unified financing platform developed by the European Bank for Reconstruction and Development (EBRD) that provides funding and technical assistance to help clients invest in high-performing green technologies. The core GEFF facility serves 36 countries across Europe, Central Asia, North Africa, and the Middle East. It encompasses specialized programmes including the Green Value Chain (GVC) Programme for Moroccan SMEs, and offers targeted financing for specific technology categories such as energy-efficient manufacturing equipment, medical imaging systems, production line upgrades, and industrial modernization. The facility covers multiple technology areas including buildings (insulation, HVAC, LED lighting), renewable energy (solar PV, heat pumps, wind), land management (greenhouses, irrigation), and industrial process equipment. Beneficiaries include corporates, ESCOs, households, SMEs, and public entities.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Up to 30-56% energy savings on supported projects
• +3 more outcomes

Named customers10 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered regional and core.

• Bank Al EtihadregionalChannel Partner/ Reseller/ DistributorJordanian commercial bank providing GEFF financing to local SMEs and corporate clients for green investments.
• Cairo Amman Bank (CAB)regionalChannel Partner/ Reseller/ DistributorJordanian bank providing financing under GEFF Jordan for projects like Al-Habahba's energy-efficient paper cup production lines.
• Local Partner Financial InstitutionscoreChannel Partner/ Reseller/ DistributorNetwork of banks, leasing companies, and microfinance institutions across 38+ countries that provide GEFF loans to end borrowers including SMEs, households, and public entities.
• Green Value Chain (GVC) ProgrammecoreStrategic or Co-development PartnerA credit facility under EBRD providing funding to local partner financial institutions for on-lending to Moroccan SMEs in agribusiness, processing industries, and logistics value chains. Supported by EU, GCF, KTACA, and EBRD SSF.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Green Climate Fund (GCF): Multilateral climate finance fund that channels concessional capital into green investments across developing and emerging markets. As a co-funder of GEFF programmes, GCF operates a comparable facility model focused on climate mitigation and adaptation financing.
• Climate Investment Funds (CIF): Multilateral climate finance fund administered through MDBs that finances clean technology, renewable energy, and climate resilience projects in developing countries. Directly comparable to GEFF in targeting concessional blended finance for green transitions in emerging markets.
• International Finance Corporation (IFC): World Bank Group's private-sector development finance arm that provides loans, equity, and advisory services for climate-smart investments in emerging markets. Operates similar SME green finance and energy efficiency facilities comparable to GEFF's mandate.
• KfW Development Bank: German bilateral development finance institution that funds green and climate projects across emerging markets through on-lending via local partner banks. Operates a structurally similar model to GEFF, including SME energy efficiency credit lines and technical assistance.
• Agence Française de Développement (AFD): French development finance institution that co-funds GEFF in North Africa and other regions, and independently operates green finance facilities for SMEs, households, and public entities. Directly comparable mandate and on-lending model.
• FMO (Dutch Entrepreneurial Development Bank): Dutch bilateral DFI that finances green and inclusive projects in emerging markets through partner banks and direct lending. Comparable to GEFF in deploying concessional and blended finance for climate and SME development.

Broad incumbents

• European Investment Bank (EIB) Climate Lending: EU's long-term lending institution that co-funds GEFF programmes and independently operates large-scale green finance facilities across Europe and emerging markets. Highly comparable in instrument design and target sectors, though broader in geographic and product scope.
• Asian Development Bank (ADB) Climate Finance: Multilateral development bank that operates green finance facilities (e.g., clean energy, energy efficiency, climate adaptation) across Asia-Pacific. Directly comparable to GEFF's facility structure, though serving a different region.
• EBRD Green Cities Programme: Sister programme to GEFF within EBRD that provides sustainable urban infrastructure financing to municipalities. Shares GEFF's parent institution, blended finance structure, and target beneficiary profile, though focused on public-sector infrastructure rather than SME/household green tech.

Emerging players

• responsAbility Investments AG: Swiss impact asset manager that finances SMEs and households in emerging markets for renewable energy, energy efficiency, and climate adaptation. Comparable in end-borrower focus and use of local partner institutions, though funded through private capital rather than donor commitments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/EBRDgreen
• Facebookfacebook.com/GEFFSrbija

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GEFF