The Sustainable and Inclusive Green Acceleration Programme (“SAIGA”; or “the Programme”) in Kyrgyz Republic, Tajikistan, Türkiye and Uzbekistan (hereafter the “focus countries”) is created to accelerate decarbonization and market transformation through adoption of climate mitigation technologies at scale by leveraging the financial sector to catalyse innovative private sector investments in line with the NDC objectives.
The Programme will support private sector businesses, predominantly micro, small and medium enterprises (“MSMEs”) and households, as end beneficiaries , and Financial Institutions (“FIs”) as intermediaries to focus on gender-responsive climate mitigation activities, including demand-side energy efficiency (in industry, commerce and buildings) and decentralized renewable energy investments (including battery storage).
The objective of SAIGA is to help financial intermediaries and end beneficiaries in the target countries to overcome some of the major barriers hindering the quick uptake of mitigation practices and technologies to drive decarbonisation.
Sustainable and Inclusive Green Acceleration (SAIGA)
Geography
International 🇰🇬 Kyrgyzstan 🇹🇯 Tajikistan
Approval FY
2024
Fund
Global Environment Facility
Fund Spend
$15,000,000
Co-Financing
$237,250,000
Summary
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About this project
Approval FY
2026
Geography
Fund
Global Environment Facility
Fund Spend
$15,000,000
Co-Financing
$237,250,000
Status
Project Approved
Implementing Agency
European Bank for Reconstruction and Development
Focal Area
Climate Change
Type
Project
Source
Topics
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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance
Note

Project information is sourced from Global Environment Facility. Please check terms of use for citation and licensing of third party data.