This project provides impact assessment and verification services for the Green for Growth Fund (GGF), supporting the Fund’s mission to promote energy efficiency, renewable energy, and resource efficiency investments across its target regions. The assignment aims to ensure that financed projects deliver measurable environmental and economic benefits in line with GGF’s sustainability standards.

Under this framework, the project supports Partner Financial Institutions (PFIs) in verifying whether proposed sub-loans meet the GGF eligibility criteria and comply with the Fund’s Environmental and Social (E&S) Policy. The activities focus on ensuring that all financed investments contribute to reductions in primary energy consumption, CO₂ emissions, and resource use.

Key project activities include:

• Eligibility Verification: Reviewing and confirming that proposed sub-projects meet GGF’s technical, financial, and environmental eligibility criteria.
• Impact Assessment: Quantifying and reporting energy savings, CO₂ emission reductions, and improvements in resource efficiency such as water, raw material, and waste reduction.
• E&S Risk Assessment: Supporting PFIs in determining the environmental and social risk categorization of proposed investments in alignment with GGF standards.
• Reporting and Capacity Building: Preparing detailed impact assessment and verification reports and conducting training sessions for PFIs to strengthen their understanding of GGF impact monitoring and reporting procedures.