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Vietnam Green Credit Trust Fund

The Green Credit Trust Fund (GCTF) was established in 2007 in Vietnam under the auspices of SECO to support Vietnamese SMEs to take part in medium- and long- term investments in cleaner technologies in the fields of industrial production and services. There have been dozens of Vietnamese SMEs who applied for GCTF up to now and some of them have received reimbursement. The Green Credit Line seeks to increase the attraction for investments in cleaner technologies. This is achieved thanks to a reduction of the demand on collaterals (50% guarantee) and a partial reimbursement (up to 25 %) of the invested capital, based on the environmental impact resulting from the investment. Technology coverage: Any technology that has lower emissions. In principle all renewable energy technologies. [Info provided by the IRENA Navigator Project]

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Specifications

Type

Investor
Grant

Geographical Scope

South-eastern Asia

Funding / Investment / CapBuild type

Capacity Building in Energy Sector. Grants and loan guarantees. Size of grant: Maximum of 250K USD

Contact information

E-mail

vncpc@vncpc.vn

Last update

Date

16-05-2018

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