Energy Savings Insurance (ESI) for private energy efficiency investments by Small and Medium-Sized Enterprises (SMEs)
Category: MCF
Document Type: Approved Funding Proposal
A credit line, funded by the Green Climate Fund and BANDESAL, is established in El Salvador to provide concessional financing to Small and Medium-Sized Enterprises for energy efficiency investments in equipment such as motors, air conditioning, refrigeration, and boilers, supported by an energy savings insurance scheme to mitigate investment risks.
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Tags: Climate Finance, Investment, Finance, Development, Banking, Climate Change, Energy Transition, Innovation, Industry, Technology, Climate Fund, Insurance, Buildings, Institutions / Administrative Arrangements, Mitigation, Funding, Energy Efficiency, Energy, Loan
Sector: Public