Energy efficiency and renewable energy lending
Project Details
CLIENT
Global Climate Partnership Fund (GCPF)
YEAR
2015-2016
COUNTRY / REGION
Dominican Republic / Latin America & Caribbean
EXPERTISE
CONTACT
The Green Climate Partnership Fund (GCPF) commissioned IPC to assist Banco Promerica Dominican Republic to develop internal structures and capacities for the launch of EE/RE loans for business (SME/Corporate) and private clients, funded by a USD 9 million credit line from the GCPF.
an IPC team led the design, development and implementation of a green finance approach together with a working team from the bank and regular involvement of the bank’s senior management.
Key tasks included:
- conducting a market study to identify the EE/RE measures with the highest impact and market potential for private households and SMEs
- designing a business EE/RE credit line to finance eligible EE/RE projects: adjusting procedures, analysis tools and reporting and ensuring
competitive terms and pricing - conducting intensive training sessions and coaching for lending and middle management staff
- developing a sales and marketing strategy, materials and establishing a supplier-bank relationship network
- developing a pipeline of EE/RE loans