Green Financing Program
Clean Energy and Eco-Friendly Financing, also known as Green Financing, is designed as a specialised financing scheme for SMEs that are either undertaking green projects to support their business operations or producing and manufacturing green products
Application process
Application and Screening
Assessment of Project Green-ness
Financing Support
Features
Extensive suite of green financing for projects that promote energy efficiency and reduce carbon footprint:
- Renewable energy
- Waste management
- Water treatment
- Recycling
- CleanTech
Preferential pricing with admin and profit rates lower than QDB’s normal rate
- Long term financing repayment period with an extended grace period
You can download here the guidelines
Frequently Asked Questions
FAQs
What is QDB’s Clean Energy and Eco-Friendly Projects Financing product?
Clean Energy and Eco-Friendly Financing, also known as Green Financing, is designed to provide financing to:
• SMEs that are seeking to introduce or use clean and sustainable projects or infrastructures (green projects) to support their business operations in the reduction of their energy cost, environmental degradation and carbon footprint
• SMEs that are producing or manufacturing products that will have better environmental outcomes (green products)
How do I get more information or apply for Green Financing?
For more information, you can reach out any of our RMs or you can visit www.qdb.qa
You can also apply through our online application by visiting www.qdb.qa
You can also apply through our online application by visiting www.qdb.qa
What is the profit rate for financing?
Successful applicants will benefit from a lower profit rate than the normal rate, typically up to 100 basis points lower than normal rate
Does my company automatically qualify for financing or is there any other qualification criteria?
Companies will be qualified based on an Assessment Model to determine the percentage of the green component. The assessment will be conducted by QDB and/or third-party service providers
What is the tenor and grace period for the Financing?
• For end user – up to 15 years, including a grace period of up to 3 years
• For producer/manufacturer – up to 20 years, including a grace period of up to 3 years
• For producer/manufacturer – up to 20 years, including a grace period of up to 3 years
Who is eligible for this financing?
• Qatar-based SMEs operating in QDB-mandated sectors
• End-user or producer/manufacturer of green projects or products
• End-user or producer/manufacturer of green projects or products
What is the total financing amount?
• For end user – up to 85% of total project cost
• For producer/manufacturer – up to 80% of total project cost
• For producer/manufacturer – up to 80% of total project cost
What beneficiary collateral is needed?
• Pledge of business (CR)
• First degree pledge on assets financed by QDB
• 100% personal guarantee coverage by one or more of the Qatari sponsors or Proportionate guarantees by all partners/shareholders of their share (in alignment with QCB instructions issued regarding guarantees)
• If the sponsor is a Qatari corporation, 100% guarantee from Qatari corporate sponsors
• Bank guarantee from foreign sponsor, if Qatari partner does not provide for 100%
• Corporate cheques/PDCs will be required based on ICC decision
• Takaful Insurance Policy
• First degree pledge on assets financed by QDB
• 100% personal guarantee coverage by one or more of the Qatari sponsors or Proportionate guarantees by all partners/shareholders of their share (in alignment with QCB instructions issued regarding guarantees)
• If the sponsor is a Qatari corporation, 100% guarantee from Qatari corporate sponsors
• Bank guarantee from foreign sponsor, if Qatari partner does not provide for 100%
• Corporate cheques/PDCs will be required based on ICC decision
• Takaful Insurance Policy
What are the required documents/ paperwork that need to be submitted?
Completely filled-out Application Form. including Applicant (Obligor) QID, Active CR and relevant company details for assessment, amongst others
What are the components that are financed?
Financing of equipment cost/CAPEX related to the production/manufacturing or use of green projects, which generally include, but are not limited to, the following:
• Renewable energy
• Waste management
• Water treatment
• Recycling
• CleanTech
• Projects that promote energy efficiency and reduce carbon footprint
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