Environmental integration holds great potential for economic development. Green growth gives companies access to new markets, particularly in the fields of energy management, sustainable natural resources management and environmental protection.
Financing this green growth in developing countries poses a major challenge. To address it, AFD and Proparco have launched the Sunref programs in partnership with banks in those countries. The objective of these green finance programs is to give companies the resources to seize opportunities arising out of the ecological transition. Through Sunref, they can finance projects tied to energy efficiency, renewable energy, natural resources management and environmental protection.
Sunref’s loans, investment grants and technical assistance allow companies to purchase higher quality equipment, achieve cost savings and become more competitive. Sunref also offers partner banks special conditions to allow them to seize the opportunities of green finance.