The European Bank for Reconstruction and Development and Bank Audi partner for first green finance project in Lebanon

November 9, 2018
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Strengthening sustainable energy in Lebanon, the EBRD and Bank Audi, the largest bank in Lebanon, are joining forces by providing US$ 100 million each for green projects. This includes the first loan under the EBRD’s Green Economy Financing Facility (GEFF) for the country.

The programme addresses critical issues for Lebanon’s sustainable development, such as diversifying energy supply, reducing the use of limited natural resources such as energy and water, and improving energy efficiency, thus decreasing pollution levels, conserving resources and contributing to a better environment.

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Press release

Countries covered:

  • Lebanon