The overall objectives of this Technical Assistance contract are to:
Assist the Lebanese authorities and in particular the Banque du Liban, financial intermediaries and final beneficiaries to invest in Energy Efficiency & Renewable Energy projects, spreading knowledge and know-how about these sectors;
Support and enable the Lebanese authorities and in particular the Banque du Liban to efficiently manage LEEREFF and potential similar complementary Energy Efficiency & Renewable Energy projects or programmes (through capacity building and support to the PIU).
This Technical Assistance will contribute to capacity building and awareness raising on the need for Energy Efficiency & Renewable Energy projects in Lebanon.
The specific objectives of this TA operation are to develop, improve the capacity of and provide support to:
the Program Implementation Unit (PIU) to efficiently and sustainably:
manage, co-ordinate and implement LEEREFF;
raise awareness in the Lebanese society on financial, economic and environmental benefits resulting from implementation of EE&RE projects; and
effectively coordinate with other institutions active in the market.
the Financial Intermediaries in order to help them to efficiently and sustainably:
select and prepare eligible Sub-Projects for funding; and
handle management, reporting and disbursement of funds.
the Final Beneficiaries in order to help them to efficiently and sustainably:
prepare and structure Sub-Projects in line with the requirements of the Financial Intermediaries, Bank of Lebanon (the Promoter), European Investment Bank and Agence Française de Développement.
Sectors: Finance, Renewables
Country / Region: Asia, LebanonTags: capacity building, energy, energy efficiency, final project beneficiaries, implementation, projects, renewable energies, specific financing mechanisms
Knowledge Object: Funding and finance opportunity for energy efficiency
Published by: European Investment Bank