GAF Energy Efficiency Programme for MSMEs

Producer/trader of coffee related products

expanding the production capacity (Yerevan)

Supermarket

investing in efficient lighting facilities and building envelope (Armavir)

Stationery shop

improving the building envelope (Abovyan)

Producer/trader of roof clay tiles

expanding the production capacity (Yerevan)

Mission
What are the objectives of the programme?

Energy intensity in Armenia is around three times higher than in the European Union (EU).
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Green
What are green investments?

If you want to optimize your production chains and improve productivity, you can invest in modern and efficient technologies.
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Finance
What are the conditions for Green loans?

Green loans support Armenian MSMEs to develop environmentally friendly and socially responsible businesses.
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Investments
What can be financed?

Eligible investments fall into two major categories:
- Energy efficiency investments
- Renewable energy investments
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MSMEs
Who can apply for a Green loan?

All legal entities, sole proprietors and individual farmers are eligible to apply for a Green loan.
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Request
How to apply for a Green loan?

Green loans are disbursed by our partner financial institutions (PFIs). Each PFI has defined own loan application procedure.
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PFIs
Where to apply for a Green loan?

To apply for a Green loan, you will need to contact one of our partner financial institutions (PFIs).
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Showcases
What are some real examples of financed green investments?

Since summer 2016, we have already financed a variety of investment projects.
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Participants
Who are the implementing parties?

To ensure best implementation of the Programme, various parties are involved.
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The Implementing Parties

KfW provides the funds from the Federal Ministry of Economic Cooperation and Development (BMZ) needed to finance green investments under the “GAF Energy Efficiency Programme for MSMEs”.

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