Serbia: Technical Due Diligence and Construction Monitoring for GGF Partner Institutions - UCB
The Technical Assistance Facility (GGF TAF), which plays a key role in supporting the Fund’s promotion of energy efficiency (EE), resource efficiency (REff) and renewable energy (RE) provides targeted technical assistance to financial institutions (FIs) and project developers in conjunction with GGF funding. The facility operates hand in hand with the GGF, complementing its investments with the following activities: capacity building and training for GGF partners; validation and monitoring of energy/resource savings and CO2 emission reductions; strategic advice to the Fund’s managers based on research and analysis; as well increasing the awareness and acceptance of EE/RE solutions in the financial sector and among the public.
MACS will support UniCredit Bank Serbia by preparing perliminarly eligibility checks of planned investments against the GGF exclusion list and E&S requirements, as well as implement Technical Due Diligence assessment of RE investment projects. MACS will also support with the Monitoring of the construction stage and implement ex-post verification activities.