EBRD and Cairo Amman Bank Palestine promote green investments in the West Bank
United Kingdom, Feb. 25 -- The European Bank for Reconstruction and Development (EBRD) is supporting the Palestinian private sector and households with an US$ 8 million (€ 6.9 million equivalent) loan to Cairo Amman Bank Palestine (CABP), to be provided under the EBRD's Green Economy Financing Facility (GEFF).The financing for CABP will be on-lent to private sub-borrowers, including micro, small and medium-sized enterprises (MSMEs) and residential sub-borrowers, for investments in small-scale renewable-energy, water-, energy- and resource-efficiency projects, including circular-economy projects, and to support relevant green-technology supply chains.This facility is supported by a comprehensive technical cooperation and investment gra...
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