Overview

European Bank for Reconstruction and Development (EBRD)

IKI-EBRD Climate Syndication Platform (CSP)

Risk Covered:: Credit Risk
Region:: Middle East, North Africa
Lending currency:: USD, EUR

About this guarantee

Eligibility requirements

Financial terms

Support services

Application process

About this guarantee

Last updated: November 2025

IKI-EBRD Climate Syndication Platform (CSP)

The CSP, developed by the EBRD and supported by the German Federal Government through their International Climate Initiative (IKI), aims to increase private sector investment in climate projects across higher-risk markets in Eastern Europe, Central Asia and North Africa. The funds are used as a first loss risk cover (FLRC) to reduce risks for institutional investors, co-financing green EBRD projects through A/B loan structures.

Type of organisation

Multilateral development bank

Organisation description

The ESSF (or the “Programme”) is provided as unfunded portfolio risk-sharing guarantees to EBRD Partner Financing Institutions (PFIs) in Ukraine to partially cover the risks of portfolio of eligible sub-loans (the “Covered Portfolio”) extended to eligible sub-borrowers:Ukrainian private sector businesses (SMEs and Mid-caps),Residential sector sub-borrowers (individual households and Housing Associations) andMunicipal sector borrowers or state-owned companies (including municipalities and municipal companies).