Finance and Technology Transfer Centre for Climate Change (FINTECC)

Climate Objective
Sectors and Themes
Disaster Risk Reduction
Forestry and Other Land Use
Industry and Infrastructure
Oceans and Coasts
Type of Support Provider
Type of Recipient
Private sector
Fund Size
The proportion of grant within the overall capital costs of a technology is usually calculated using set calibration criteria. Grants are normally also subject to an absolute cap. These details can vary slightly between regions. For specific information on investment support details in your country, visit each region's page:
Co-financing Requirement
Trustee or Administrator
European Bank for Reconstruction and Development (EBRD)
Contact Information
Europe and Central Asia
Middle East and North Africa

The FINTECC programme helps companies in participating European Bank for Reconstruction and Development (EBRD) countries implement ‘climate technologies’. This includes technology for energy efficiency, renewable energy, water efficiency and materials efficiency. Climate technologies reduce greenhouse gas emissions, and/or lead to increased climate resilience. Finance and Technology Centre for Climate Change (FINTECC) offers incentive grants for introducing eligible technologies, which are available as a complement to EBRD financing. The program also organizes technical support, provided by the EBRD and international consultants. To assist climate technology transfer within each region, FINTECC offers support to participating governments, by helping them to improve policy environments and legislative frameworks, further enabling organisations in their regions to adopt a wide range of climate technologies.

Support Provider

European Union and the Global Environment Facility

Purpose of Support
Project and program implementation
Co-financing Requirement Details

Grant support to cover technology costs varies across countries, and it is usually determined as a percentage of the total cost of the technology.

Funding Type
In-kind contributions
Monitoring and Reporting Procedures

The clients are required to report on pre-determined metrics/KPIs one year after the integration of the technology. The reporting KPI and benchmarks are agreed up at the signing of the project.

Organizational and Decision Making Structure

FINTECC is funded by the EBRD and the Global Environment Facility (GEF).

  • The GEF provides grants for climate technology projects, acting as a partnership between countries, international institutions, non-governmental organisations and the private sector.
  • The EBRD, as one of the Facility’s implementing agencies, receives project-specific technical assistance, project preparation grants and grant co-financing. These are applied in two key areas, namely water and climate change mitigation and adaptation.
Eligibility Criteria

Project’s eligibility is determined on a case-by-case basis, eligible climate technologies are always those with low market penetration and good replicability potential.

Examples of eligible climate technologies include: Greywater recycling and rainwater harvesting; Applications of cogeneration and trigeneration systems; Advanced heat recovery systems in industrial applications; and LED lighting and advanced energy management systems.

Eligible Countries

Companies in participating EBRD countries of operations to implement innovative climate technologies.

Participating countries include: Eqypt, Jordan, Morocco, Tunisia, Armenia, Azerbaijan, Belarus, Georgia, Kyrgyz Republic, Moldova, Mongolia, Tajikistan, Turkmenistan, Uzbekistan, Kazakhstan, and Ukraine.

Information on how to
Understand steps to access

STEP 1 A company approaches the EBRD with a specific investment plan and financing request.
STEP 2 Having reviewed the investment plan, the EBRD provides the terms of a potential financing.
STEP 3 The EBRD completes a screening of all energy, water and materials efficiency opportunities, relating to the proposed investment plan and the company’s operations. The Bank can also arrange a donor-funded technical audit, if required.
STEP 4 The EBRD seeks approval of the financing. If the investment plan features eligible technologies, an incentive grant will be approved as part of the process.
STEP 5 The client company implements the investment plan, including the eligible climate technologies.
STEP 6 Once evidence of successful implementation has been provided, the EBRD reimburses the company, using the incentive grant.