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ECOMICRO Regional Microfinance and Climate Change Program

August 1, 2014

Project Ref No. : NDF C35 Project Start : 2012 Project End : 2016 Status : Active Phase : Execution Project Cost : EUR 1.5 million Partner agency : Inter-American Development Bank / Multilateral Investment Fund (MIF) The goal of the ECOMICRO program is to facilitate the use of green finance instruments by micro, small and medium-sized enterprises (MSMEs) as well as low-income people in order to (i) increase access to clean and efficient energy products and services, or (ii) assist in adaptation to climate change. The purpose of the program is to train Micro Finance Institutions (MFIs) to provide new green finance instruments in order to capitalize on new opportunities in clean energy financing, adjust their risk management models to climate change risk and to incorporate climate impact into their internal policies and operations. The program has three components: 1) Promotion and Awareness Raising; 2) Support to MFIs (including institutional energy audits, development of environmental management policies, analysis of loan portfolio vulnerability to climate change, and green credit products development); and 3) Knowledge capturing and dissemination of results. The NDF funds will be channeled through IDB as joint co-financing. The MIF will be the executing agency for the program while selected MFIs will be the executing agencies for projects within the Program. The Program Coordinator will be responsible for the timely and effective implementation of the Program activities. Other Financiers: Multilateral Investment Fund (MIF), Nordic Development Fund (NDF),

Project completion date : 2016-12-31 12:00:00

Major organization : NORDIC DEVELOPMENT FUND

Address : P.O. Box 185 FIN-00171 Helsinki NDF Contact: Deputy Director Leena Klossner

Country :Finland

Email :

Financier : Inter-American Development Bank (IADB), Multilateral Investment Fund (MIF), Nordic Development Fund (NDF),

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Source: TendersInfo (India)

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