Products

investment-5241253_1280

Green credit product and digital platform under development

Digital Platform for Financing Energy Efficiency (BDMG Eficiência)

Description

The green credit product and digital platform under development by the Development Bank of Minas Gerais (BDMG) aim to facilitate access to financing for micro-, small- and medium-sized enterprises (MSMEs) to make energy efficiency improvements.

The digital platform design provides MSMEs with information on the benefits of energy efficiency investments and suitable technologies and supports the credit application process. The digital design is considered a standardised and scalable solution for small businesses.

Project context

BDMG’s Digital Platform for Financing Energy Efficiency is one of five innovative green finance approaches that received support from the Technical Assistance Facility of the FiBraS I project under Component 3, which aims to improve the supply of green financial services and instruments in Brazil.

FiBraS I supported a market study to assess improvements to the green credit product and digital platform, provided assistance to implement new technological features of the digital platform, and supported the launch of the new product and a communication campaign.

Target group

MSMEs in the textile, metallurgy, food and beverage, non-metallic minerals, and chemicals sectors seeking to improve the energy efficiency of their processes.

Status

The technical assistance activities have been completed. The launch of the platform has been rescheduled.

fibras_gustavo-ribeiro

Contact:

Gustavo Ribeiro
Component Manager, Finanças Brasileiras Sustentáveis (FiBraS II)
gustavo.ribeiro@giz.de

This product/tool is part of our technical assistance service offer on:

Transforming financial industry players

GIZ’s collaboration with the public sector is complemented by, and often directly involves, working with the private financial sector.

Projects

abstract-1438382

Germany

Developing resilient and inclusive financial systems through responsible and sustainable finance and investment

Financial Systems Development, Sustainable Finance and Investment Sector Project

Technical and conceptual advice to the German Ministry for Economic Cooperation and Development on national and international processes

  • climate related risk management
  • supporting transition of FIs
  • taxonomy
  • sustainable finance strategy/roadmap
  • disclosure requirements
waterfall-5056207_1280

Germany, Brazil, India, Peru, Rwanda, Mexico, Egypt, Senegal

Aligning economic and financial systems with global sustainability agendas to mobilise capital for socially and environmentally sustainable investments

Sustainable Economic Transformation and Sustainable Finance Global Project

Aligning economic and financial systems with global sustainability agendas to mobilise capital

  • climate related risk management
  • supporting transition of FIs
  • taxonomy
  • sustainable finance strategy/roadmap
  • disclosure requirements
  • support for green bond issuance
acces-min

Senegal

Improving access to sustainable finance for SMEs

Access to Finance for SMEs (Accès)

Supporting digital solutions for matchmaking SMEs and financial institutions

  • taxonomy
  • development of sustainable credit products
  • SME finance
  • gender finance