The European Bank for Reconstruction and Development (EBRD) and Bank Audi have collaborated to facilitate the expansion of renewables in Lebanon. Both will provide $100 million each under the Green Economy Financing Facility (GEFF), which has been created to finance green projects set up in Lebanon. The EBRD will provide $90 million as loans. In addition, $70 million in concessional funding is being provided from the Taiwan International Cooperation Development Fund. GEFF Lebanon will be supported by a team of specialised consultants including engineering, environmental, financial and marketing experts, who will offer Bank Audi and its clients direct support and advice throughout the green project lifecycle using best-in-class technology.