{"id":562909,"date":"2021-06-10T04:00:52","date_gmt":"2021-06-10T04:00:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/"},"modified":"2021-06-10T04:00:52","modified_gmt":"2021-06-10T04:00:52","slug":"ebrd-plans-for-more-green-loans-to-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/","title":{"rendered":"EBRD plans for more green loans to Egypt"},"content":{"rendered":"

<\/a> The European Bank for Reconstruction and Development (EBRD) is set to lend <\/strong>QNB Al Ahli USD 50 mn to on-lend to green and renewable energy projects<\/strong>, pending approval on 14 July, according to the bank\u2019s website<\/a>. The loan \u2014 USD 7.5 mn of which will be financed by the Green Climate Fund (GCF) \u2014 will channel funds to SMEs and individual households for green projects and \u201chigh performance technologies\u201d designed to deliver a greener economy. Borrowers in diverse sectors such as residential, agribusiness, industrial, commercial and service sectors will receive funds.<\/p>\n

This is the second green EBRD loan we\u2019ve heard about this month<\/strong>, after it green-lit a USD 100 mn loan<\/a> to the National Bank of Egypt to on-lend to green projects.<\/p>\n

The EBRD, in its own words:<\/strong> We recently sat down<\/a> with EBRD President Odile Renaud-Basso + SEMED Managing Director Heike Harmgart to talk about all things green economy in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

The European Bank for Reconstruction and Development (EBRD) is set to lend QNB Al Ahli USD 50 mn to on-lend to green and renewable energy projects, pending approval on 14 July, according to the bank\u2019s website. The loan \u2014 USD 7.5 mn of which will be financed by the Green Climate Fund (GCF) \u2014 will […]<\/p>\n","protected":false},"author":1,"featured_media":562910,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7825],"tags":[571,72,246,625,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-green-economy","tag-ebrd","tag-enterpriseam","tag-green-economy","tag-qnb-alahli","tag-smes","wpautop","entry"],"acf":{"mongo_id":"b57407a6-1786-4e3a-ba43-691e8fa5b940","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/6\/151.jpg","photo_position":"above","related_issue":[562900],"teaser":"","voice_url":""},"yoast_head":"\nEBRD plans for more green loans to Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EBRD plans for more green loans to Egypt\" \/>\n<meta property=\"og:description\" content=\"The European Bank for Reconstruction and Development (EBRD) is set to lend QNB Al Ahli USD 50 mn to on-lend to green and renewable energy projects, pending approval on 14 July, according to the bank\u2019s website. The loan \u2014 USD 7.5 mn of which will be financed by the Green Climate Fund (GCF) \u2014 will […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-10T04:00:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/151.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"EBRD plans for more green loans to Egypt\",\"datePublished\":\"2021-06-10T04:00:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/\"},\"wordCount\":155,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/151.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EBRD\",\"EnterpriseAM\",\"Green Economy\",\"QNB Alahli\",\"SMEs\"],\"articleSection\":[\"Green economy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/ebrd-plans-for-more-green-loans-to-egypt\/\",\"name\":\"EBRD plans for more green loans to Egypt - 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Green Climate Fund (GCF), and the European Union (EU) will loan QNB Al Ahli USD 50 mn to on-lend to Egypt-based green projects and individual households, EBRD said yesterday\u2026","rel":"","context":"In "Green economy"","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/186.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554125,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/21\/more-financing-for-smes-green-projects\/","url_meta":{"origin":562909,"position":1},"title":"More financing for SMEs + green projects","author":"enterpriseam admin","date":"21 December 2021","format":false,"excerpt":"AUB is getting USD 82 mn to on-lend to SMEs + green projects: Ahli United Bank Egypt (AUB) will receive an USD 82 mn financing package for on-lending to SMEs from the European Bank for Reconstruction and Development (EBRD), the EU and Green Climate Fund (GCF), according to an EBRD\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/435.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555413,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/14\/more-green-finance-for-smes-courtesy-of-the-ebrd\/","url_meta":{"origin":562909,"position":2},"title":"More green finance for SMEs, courtesy of the EBRD","author":"enterpriseam admin","date":"14 November 2021","format":false,"excerpt":"Banque Misr in line for more EBRD climate financing: The European Bank for Reconstruction and Development (EBRD) could soon sign off on a USD 100 mn facility to state-owned Banque Misr to finance local SMEs working on green projects, according to the lender\u2019s website. The state-owned bank will on-lend the\u2026","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579284,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/01\/ebrd-and-partners-fund-more-green-finance-for-smes-ebrd-bii-lend-usd-100-mn-to-bdc\/","url_meta":{"origin":562909,"position":3},"title":"EBRD and partners fund more green finance for SMEs + EBRD, BII lend USD 100 mn to BdC","author":"enterpriseam admin","date":"1 February 2023","format":false,"excerpt":"DFIs to fund more green projects + privatization candidate BdC gets funding: More funding for green projects will be available to local SMEs courtesy of the European Bank for Reconstruction and Development (EBRD), the EU, and the Green Climate Fund. Meanwhile, EBRD and British International Investment said they would provide\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/6.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562757,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/06\/more-green-lending-courtesy-of-the-ebrd\/","url_meta":{"origin":562909,"position":4},"title":"More green lending, courtesy of the EBRD","author":"enterpriseam admin","date":"6 June 2021","format":false,"excerpt":"The European Bank for Reconstruction and Development (EBRD) will lend the National Bank of Egypt (NBE) USD 100 mn to on-lend to green projects, the EBRD said in a statement (pdf). The money will be used to help businesses make more efficient use of energy, water and land, as well\u2026","rel":"","context":"In "SMEs"","block_context":{"text":"SMEs","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/smes\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/72.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568933,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/09\/ebrd-qnb-alahli-agree-usd-82-mn-climate-finance-package\/","url_meta":{"origin":562909,"position":5},"title":"EBRD, QNB Alahli agree USD 82 mn climate finance package","author":"enterpriseam admin","date":"9 February 2020","format":false,"excerpt":"EBRD commits fresh capital to climate finance in Egypt: The European Bank of Reconstruction and Development (EBRD) and QNB Alahli have agreed a USD 82 mn financial package to fund green and SME-led projects in Egypt, the EBRD said in a statement. 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