GREEN
FINANCE
We can help you to get funded with flexible conditions
Financing energy efficient projects is a recent initiative of IDCOL. IDCOL has already adopted schemes for financing energy efficient equipment,green building and manufacturing of energy efficient appliances. IDCOL also finances environment friendly Auto Brick projects and Improved Cook Stove (ICS).
IDCOL has already developed significant in-house capacity on the technology and financing of energy efficient brick kilns within the Industrial and Energy Efficiency Unit. IDCOL is also enlisted as a Participating Financial Institution (PFI) under Sustainable Finance Department (SFD) of Bangladesh Bank. A full-fledged team under the Household Energy Unit of the Renewable Energy Department looks after countrywide dissemination of the ICS Program.
IDCOL is working with Frankfurt School of Finance & Management GmbH (Frankfurt School) under the project, ‘Technical assistance (TA) for financing brick kiln in Bangladesh’ supported by UNEP through funding from the Climate and Clean Air Coalition (CCAC).
IDCOL offers a range of technical assistance and concessionary financing under its Energy Efficiency Financing window.
ELIGIBLE SECTORS
Eligible sectors under the Energy Efficiency window include but not limited
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Energy Efficient Equipment
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Energy Efficient Brick Kilns
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Improved Cook Stove Program
LENDING TERMS
IDCOL has already financed 6.16 billion for energy efficient equipment in garments, cement, electrical equity, manufacturing, auto brick etc
Particulars Term Details
Loan amount: up to 100% of equipment/ machinery cost
Tenure: Maximum 8 years
Interest Rate: 5-10%
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Sustainable finance or green finance is the set of financial regulations, standards, norms and products that pursue an environmental objective, and in particular to facilitate the energy transition