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From supporting green investment to agrotech, EBRD jobs are great

From supporting green investment to agrotech, EBRD jobs are great

 July 29, 2019

Women working with the European Bank for Construction and Development (EBRD) have the opportunity to make a real difference to economies and individuals in multiple countries. Through exciting green-focused investments and projects, EBRD is helping to forge a sustainable future.

Below, we round up just a few of the many examples of how the EBRD is making an impact.

Promoting green investments and value chain development in Morocco

The EBRD launched a credit line in Morocco to provide finance to small and medium-sized enterprises (SMEs) investing in energy and resource efficiency and developing their value chains. The finance aims to boost the competitiveness of Moroccan SMEs and support their integration into local and international markets.

A loan of €20 million was provided to Société Générale Maroc, the first partner bank in the new credit facility. The loan is supported by grant funding provided by the European Union and the Green Climate Fund.

Investment by the SMEs in green technology helps them become more competitive and increases their access to new markets - and promoting greener economies is a priority for the EBRD.

Helping Moldova’s second largest city buy more new trolleybuses

Some 150,000 people living in Moldova’s second largest city, Balti, will benefit from more environmentally friendly and energy efficient public transport with 10 new trolleybuses financed by the EBRD and the E5P multi donor fund, which supports projects in the EU’s Eastern Partnership.  

The EBRD is providing a €2.5 million loan to Balti Trolleybus Department, a municipal company. The Bank has also requested a €1.2 million grant from the E5P to complement the loan. The E5P facilitates investments in energy efficiency and environmental projects.

The new trolleybuses run on electricity and opportunity charging battery technology which enables vehicles to be powered without overhead wires in remote areas.

Creating opportunities in Tajikistan

The EBRD and donors are supporting Agrotechservice with finance and know-how. Agrotechservice is a small business which received a US$ 1 million loan from the EBRD as well as valuable advice on its accounting systems. The project was possible due to the financial support of the Bank’s Small Business Impact Fund.

The production line and showroom are based in Hissar, a historic town about 45 minutes away from the capital Dushanbe. The success of a company such as Agrotechservice has a direct positive impact on the local population, since it provides new opportunities for jobs.

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Disclosure: Where Women Work researches and publishes insightful evidence about how its paid member organizations support women's equality.

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