📋 Tender Overview
Location: Bosnia and Herzegovina
Industry Sector: Financial Institutions
Notice Type: Private
Project Description
The provision of a senior secured loan of up to €10 million to be provided to UniCredit Bank d.d. (UCB) under the FIF SME Go Green Programme (SME Go Green).
Project Objectives
The transaction will support the aim of the programme to: (i) scale up green economy investments, including energy efficient, resource efficient and renewable energy investments; (ii) in particular, scale up greening of agribusiness supply chains and help agribusiness companies in the region reduce their environmental impact and become more sustainable and more resilient to the risks of climate change; (iii) increase SME competitiveness and trade potential of the private sector via targeted investments in sustainability practices and the adoption of internationally recognised quality standards; (iv) strengthen the financial sector by supporting climate resilience and inclusiveness of the Western Balkans economies by improving financial institutions' and businesses' capacity to deploy sustainable and gender responsive green solutions as well as enhancing climate risk practices to ensure all projects under the programme are aligned with the Paris Agreement; (v) promote more equitable access to climate and other finance for women-led SMEs in the region.
Transition Impact
ETI score: 65
The project contributes to the overall objectives of the SME Go Green Programme, supporting the Competitive and Green qualities. SME Go Green seeks to (i) support SMEs in accessing finance towards EU and other international standards and assist them with advice and know-how for introducing and implementing such standards and becoming competitive, and (ii) scale up investments into GET-eligible technologies by SMEs and contribute to building a green, low-carbon economy.
