Increasing Access to Local Sources of Financing for Renewable Energy Investments and Design of Innovative Financing Instruments, EAEF - IRG Philippines
The Philippines is rich in renewable energy (RE) sources waiting to be tapped. However, inaccessibility to local sources of financing hampers the commercialization of RE technologies. This project aims to assist local financing institutions to recognize the potential of RE and consider them for lending through capacity building and by formulating innovative financing instruments and strategies that would be integrated in their policies. It targets three local premier banks: Land Bank of the Philippines, Equitable PCI Bank, and Metrobank.
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Disclaimer: This document has been produced with the financial assistance of the European Community. The views expressed herein are those of the project team, and can therefore in no way be taken to reflect the official opinion of the European Commission.