EBRD and GCF boost climate finance for Serbian SMEs

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Photo by Sepp photography/Shutterstock.com

The European Bank for Reconstruction and Development, Green Climate Fund (GCF), and the government of Luxembourg are supporting small- and medium-sized enterprises in Serbia by making EUR 20 million of finance available for climate mitigation and resilience projects through UniCredit Leasing Serbia, EBRD said in a statement.

Photo by Sepp photography/Shutterstock.com

UniCredit Leasing is the first leasing company to join Green Economy Financing Facility (GEFF) Leasing in Serbia and will offer leases to its SME clients for investments in high-performing technologies that improve the use of energy, water and land resources in Serbia.

These leases will cover investments in technologies such as energy-efficient agricultural, commercial, drip irrigation and rainwater harvesting equipment, the EBRD said.

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