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                A very important element is the technical assistance provided by international and local experts and which is free of charge to companies that apply for SEFF loans. The free technical assistance ensures that technical solutions chosen for any energy efficiency and/or renewable energy project financed under SEFF are suitable for the energy savings targeted, that projects are adequately scoped and that principles of best practise are being adhered to. This level of support to potential borrowers in preparing bankable projects and to Partner Banks promoting the facility and in assessing project applications requires adequate funding. The funds for the technical assistance provided as part of SEFF are being provided by international donor agencies. Each donor agency has a well-formulated sustainable energy agenda. Although individual details of each agenda may vary, one agenda item is common to all of them: reducing carbon emissions in order to reduce environmental pollution. Through their own monitoring activities, donors contribute to ensuring that the targeted energy savings are achieved and that the resulting carbon savings will contribute to environmental protection. |
- Donor funding makes the full implementation of SEFFs possible in the individual countries.
- Donor funding has made substantial energy savings and reduction in carbon emissions possible in existing SEFF countries, thereby contributing to the energy efficiency awareness and quality of life in the SEFF countries and beyond.
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