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GTFP Climate Smart Trade


Banks play a central role in helping confront the challenge of climate change. As a development institution, IFC works with our bank partners to support the trade of goods and services that enable their corporate clients to adopt energy efficient technologies, cut carbon emissions, and ensure the sustainability of their operations and their supply chains. 

 

Through the Climate Smart Trade initiative, IFC may provide a price incentive or longer tenors for equipment and projects guaranteed under the Global Trade Finance Program (GTFP) that have clearly defined climate change benefits. Banks may be asked to provide additional information to ensure that the goods qualify under international protocols. 

 

Eligible goods include:

 

Renewable Energy

Parts and equipment for any renewable technology, including: 

  • Biomass & biogas (biodigesters, heating systems, combustion boilers & cogeneration units) Ethanol (Brazil only) 
  • Geothermal (compressors, heat exchangers & heat pumps) 
  • Hydroelectric power (control systems, pipe, power generators, power transformers & turbines) 
  • Solar photovoltaic/solar heat (cells, converters, glass tubes, hot water heaters, panels, hot water tanks & support equipment) 
  • Wind power (blades, construction bases, control systems, poles, power transformers, transmission & turbines)

 

In addition to the information required as per the GTFP agreement, we may ask for: 

  • Country of installation (if different from country of import) 
  • Installed equipment capacity 
  • Expected annual power output

 

 

Energy Efficient Goods

Parts and equipment for any energy efficient goods, including: 

  • Appliances (with energy efficient certification) 
  • Buses & mass transit (LPG-powered or grid-connected)
  • Electric bicycles
  • Fluorescent tubes 
  • Heat exchangers 
  • Hybrid vehicles 
  • Insulation materials
  • Light bulbs, CFLs and LED lights
  • Recycling steel
  • Thermostats
  • Transport network infrastructure
  • Windows & doors

 

In addition to the information required as per the GTFP agreement, we may ask for: 

  • Equipment type/model 
  • Expected energy savings 
  • Type of fuel/energy saved

 

 

Energy Efficient Replacement Goods

Parts and equipment eligible if they replace older models: 

  • Air conditioners & heaters 
  • Boilers 
  • Buses & mass transit (upgrades from diesel-powered to grid-connected)
  • Compressors 
  • Electric motors (high efficiency) 
  • Energy meters 
  • Generators (gas, electric, power) 
  • Machinery 
  • Manufacturing devices 
  • Production lines 
  • Steam/gas turbines (to be installed to existing boilers) 
  • Ventilation systems

 

In addition to the information required as per the GTFP agreement, we will ask for: 

  • Equipment type/model which is being replaced 
  • New equipment type/model 
  • Expected energy savings 
  • Type of fuel/energy saved

 

 

If you are inquiring about a specific transaction that may qualify for the Climate Smart Trade initiative, please contact a GTFP business development representative in your region.

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