is a private sector de-risking financing instrument aimed at accelerating growth of green business solutions.
WHO ARE WE
Launched in 2023, the Green Economic Transition Facility, under the first Window of funding, ‘Accelerating Alternative Sources of Energy and Fuel-Efficient Solutions’, aims to support investments in affordable and accessible alternative energy and fuel-efficient business solutions to be adopted and used by households in urban and per-urban areas of Malawi.
DE-RISKING INVESTMENTS / ACCELERATING GROWTH
The Green Economic Transition Facility (GETF) will provide a combination of matching grants of up to $US300, 000 and Technical Assistance on demand working with multiple development partners with a passion to de-risk and accelerate growth of green business solutions in Malawi.
Window 1, Accelerating Alternative Sources of Energy and Fuel-Efficient Solutions, funded by the Irish Embassy in Malawi through Irish Aid, is now open for investment support. Under this window, the GETF will be supporting three rounds of investment, providing crucial funding, and on-demand Technical Assistance to projects that are focused on accelerating the development of alternative sources of energy and fuel-efficient solutions.
Window 2, Accelerating Green Business, funded by the Government of Germany, through the German Development Bank KfW, is now open for investment support. Under this window, the GETF will be supporting private sector-led investments through the provision of matching grants and on-demand Technical Assistance to projects that are focused on accelerating the development of green business solutions which will be addressing a particular pressure point in the environment.
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