Céline Bernadat, Agence Française de Développement, Green credit lines to support SMEs under the SUNREF programme

1. DAC ENVIRONET – DCED Workshop on Engaging
the Private Sector for Green Growth and Climate
Change
SUNREF (Sustainable Use of Natural Resources and Energy Finance)
Enabling SMEs to promote climate change mitigation and adaptation
Tuesday1st March, 14:15 – 15:45

2. 2
Objectives of SUNREF
• Mobilize private sector on
ecological transition opportunities
and ensure a strong leverage,
dissemination and scalability
• Encourage local financial institutions
to finance the ecological transition
• Support environmental local public
policies
• Extend access to financing for the
private sector and strengthen its
competitiveness
• Disseminate technical know-how
and good practices through the
technical assistance

3. 3
Barriers and market needs : filling the gap
 Understand and articulate with the public policy framework
 Market analysis/market potential to focus on the needs,
identify investment potentials (to increase competitiveness, for
‘survival’ of small companies, market share, image) and
barriers that impede « green » investments (capacity, policy)
 Mobilize public stakeholders and banks, ensure coordination
 Target the investments through eligibility criteria to catalyze
the best opportunities and limit negative impacts (being
additional)
 Set up supporting tools to overcome the barriers and facilitate
origination and appraisal of high quality green projects and
ensure measurable results(technical assistance and
adequate financing tools) > impacts are monitored

4. SUNREF program design
Until the project is « bankable »
Capacity building of all professions
Marketing (ex in Jordan http://sunrefjordan.com/en/what-sunref-jordan), sharing lessons learnt
Sharing lessons learnt and work on the public policy
EU/ Green Fund/ DFID, SECO

5. Map of SUNREF programs
https://www.sunref.org/projet/

6. SUNREF Key consolidated figures
Update 2015 (on-going)
- 39 projects under
implementation
- EUR 2,5bn of loans
allocated

7. 7
SUNREF Effects and outcomes
To reduce the negative impacts on local and global
environment and on the population health by
diversifying the energy mix and reducing CO2 emission
Have a demonstration effect on how the private sector
can serve the public policy and contribute to the
improvement of these policies towards the private sector
To improve the competitiveness of the private sector and
strengthen its skills
Through a pilot experience, support the structuring of a
sustainable banking offer around the green economy
To create new job opportunities in the green economy

8. 8
SUNREF Ensure a leverage effect
Design the program to serve key public policies
Target key private sector needs (the demand) with adapted
tools (financial and technical innovation is key) and ensure
a promotion of the initiative
Advise and contribute to bring feed-back to the public
policy to ensure improvement (reduction of grants to fossil
fuels, support to private sector both financially and
technically, etc.)
Have a structural effect on local stakeholders to ensure their
mobilization on the long run : partner financial institutions
have a strong role to play (green strategy, capacity
building) as well as socio-economic organizations

9. Videos of SUNREF implementation
https://www.youtube.com/playlist?list=PLWs6
yE3bJ-3hMlLzHRY3tsuN5Huh4MqvP
http://sunrefjordan.com/en/what-sunref-
jordan

10. 26 novembre 2015
Présentation de SUNREF Océan Indien
Questions?

11. 26 novembre 2015
Présentation de SUNREF Océan Indien
Thank you
Céline BERNADAT
Project Manager, Financial Institutions and Private Sector
bernadatc@afd.fr