EBRD, EU and TCX launch green financing framework in Tunisia
Tunisia, Oct. 14 -- The European Bank for Reconstruction and Development (EBRD) is joining forces with the European Union (EU) to launch the Green Economy Financing Facility programme in Tunisia, aiming to strengthen the competitiveness of the private sector and support the country's transition toward an environmentally sustainable economy.The landmark initiative - the first of its kind to be launched in Tunisia - will provide €59 million of senior unsecured loans to up to six local financial institutions for on-lending to micro, small and medium-sized enterprises (MSMEs). The financing will target investments in energy-efficiency, renewable-energy, climate-adaptation and circular-economy investments.The new programme is also supporte...
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