

Green Gateway – Technical Assistance Program for Greening Financial Systems
En cours
Customer
European Investment Bank (EIB)
Start Date
Jan 1, 2023
End date
Amount
11 743 000 €
Country and region
Multi-country
Europe de l'Est , Moyen-Orient, UEMOA (Afrique de l’Ouest), Asie du Sud-Est
Landlords
European Investment Bank (EIB)
Description
Background and objectives
Launched in January 2023, the EIB's Green Financial Systems (GFS) programme aims to build climate-resilient financial systems and accelerate green investments. Deployed in nine countries (Georgia, Armenia, North Macedonia, Egypt, Morocco, Kenya, Rwanda, Nigeria, and Tanzania), it supports:
the creation of a favorable regulatory framework,
the integration of climate risk management,
the structuring of green loan portfolios,
the development of sustainable financial products.
Two-pronged approach
Section I – Regulators and Supervisors
Regulatory diagnosis : mapping of current requirements and gaps in relation to green loan standards.
Capacity building : workshops and training for central bank and supervisory authority teams to develop green guidelines.
Co-design of processes : drafting of standard procedures for the assessment and consideration of climate risks.
Section II – Financial Institutions
Portfolio assessment : analysis of current lending practices and definition of “green lending” criteria.
Green Product Design : Development of climate-linked loan models and debt instruments.
Operational implementation : practical guides, documentation templates and training of sales teams.
Methodology and deliverables
Field diagnosis : interviews with regulators, supervisors and bank managers, literature review and international benchmark.
Participatory workshops : country-specific sessions to co-construct regulatory frameworks and internal processes (25 hours of collaborative work per country).
Green Toolkit : Procedure manuals, climate risk assessment checklists, green loan documentation templates.
Deployment Roadmap : Detailed 18-month plan with milestones, responsibilities and key indicators (KPIs) to track program progress.
Impacts and perspectives
+ 30% of green loan projects initiated in partner banks six months after training.
Adoption of 3 national guidelines for green financing in three pilot countries (Morocco, Kenya, Nigeria).
Creation of two green guarantee funds , mobilizing more than €500 million in public and private funding.
Development of a regional network of centers of excellence responsible for disseminating good practices and organizing annual “Green Finance” forums.
Through this program, the EIB and BBA are laying the foundations for a financial sector capable of financing the climate transition, while providing local authorities and institutions with the tools and skills needed to sustain this momentum.
Role of BBA
Needs assessment and co-design of support packages for each country
Programming and planning of activities by country
Capacity building and networking of financial actors
Technical assistance to central banks (procedures, training, management)
Advice to financial institutions to develop green portfolios and green debt instruments