EBRD’S GREEN INNOVATION PROGRAMME

Sabin Stanescu Horizon

Energy Efficiency and Climate Change team 2020
June 2019 Programme
Green Innovation Programme
What projects we target Horizon 2020
Programme

Support for research & development, and/or Green projects have a positive The programme is
deployment to market of green: impact in terms of: also supported by:
■ Products ■ GHG emission reductions
■ Resilience to climate change
■ Technologies
■ Pollution abatement, or
■ Business models /organisational
■ A more circular economy.
models.
How projects will be selected:
■ Companies committed towards a financing agreement
with the EBRD (or working along the supply chain
of an EBRD client or financed via a fund
the Bank is invested in)
■ Beneficiaries supported with
Horizon 2020 funds will be
SMEs or midcaps
■ Green innovation ideas are
sufficiently developed
■ Prioritised on the basis of
estimated green economy
impacts, level of
innovation, and wider
market impacts.

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Green Innovation Programme
What support we offer Horizon 2020
Programme

Initial idea Research & Go-to-market Fully commercialised

Development
Innovation
stages

What EBRD can R&D Technical Assistance Project implementation TA

help with R&D grants Investment co-financing grants

Technical Assistance Grant support

• Delivered via EBRD selected consultants, or company’s • Grants of up to €500,000 per company, deployed to
own innovation focused staff /by company selected
Details

complement EBRD financing. Paid upon verification of project

Details
consultants. implementation.
• Support in the range of approx. €30,000 – €200,000
• The grant share in the total financing plan will be based on the
(beneficiary expected to share in 10% of the costs).
level of innovation and the green benefits and market impacts
• Developing green innovation action plans /strategies of the project.
• R&D support: testing, prototyping, software development, • R&D support: specialised equipment for R&D facilities
patenting, intellectual property related TA, R&D equipment
• Installation of new technology: support with incremental costs
Examples

purchase (as a max. share of TA value)

relative to standard technology or associated with first-mover
• Installation of new technology: technical due diligence,
Examples

operation and maintenance training
• Launching a new product: certification, marketing
• Adopting a new business model: software adaptation, training
• Investment facilitation: technical /financial due diligence,
financial modelling, market /regulatory research.
risks
• Launching a new product: support with new production line,
distribution /connectivity network
• Adopting a new business model: logistics network, digital
hardware network, special preparation and conversion of land
/site use.

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Green Innovation Programme
Illustrative examples Horizon 2020
Programme

Supporting R&D
A car parts manufacturer invests in a new R&D facility for electric car part design:
• Grant support for the purchase of prototyping and testing equipment;
• TA consists of support with additional capacity to hire specialised staff.

Launching new product

A retailer wants to pilot a newly developed biodegradable alternative to plastic packaging:
• TA for legal due diligence regarding the market deployment of the new material;
• Grant support for new packaging machines and adaptation of distribution lines.

Installing new technology

An agri-products distributor wants to implement an automatic smart coverage and
temperature control system for its warehouses:
• TA for advance testing of the technology and its patenting;
• Grant support for the full-scale rollout of the technology in warehouses.

Adopting new business model

A car leasing company pairs up with a local electricity distributor to introduce electric taxis
and an app-based client interface:
• Grant support to purchase basic software and for the expansion of car charging
infrastructure
• TA for software adaptation.

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The Green Innovation Programme is part of
EBRD’s Green Economy Transition

The GET is the EBRD strategy to increase the share of the

Bank’s business represented by projects which have
beneficial impacts on the environment or in terms of climate
change. These can be found across all sectors financed by
the Bank.

• Energy efficiency

• Renewable energy

• Water efficiency

• Resilience to climate change

• Waste minimisation and material efficiency

• Pollution control and environmental compliance

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EBRD’s Green Economy Transition
Results in 2010 – Q1 2019
FINANCED
1,350+
green projects
1,000+ directly financed
projects with green
components, and
300+ credit lines to local
financial institutions for on-
lending to smaller projects.
SIGNED
€26 billion
of green financing
For projects with a total value
of €160 billion
Since 2016 green financing
has represented 37% of
EBRD’s total business.
AVOIDED
70 million
tonnes of CO2/year
More than the annual energy
use related emissions of
Romania
+ since 2013, helped reduce
330 million m3 in water
consumed /year = almost half of
London’s annual water use.
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THANK YOU
Contact & links

Sabin Stanescu
Associate, EU and Bilateral Donors Green Financing
Energy Efficiency and Climate Change team
stanescs@ebrd.com
More about the Green Innovation Programme Horizon 2020
More about EBRD’s Green Economy Transition Programme