Sponsor: The Swiss State Secretariat for Economic Affairs (SECO) supports through so-called Sustainable Enterprise Development centers (SEDs) sustainable industrial production modes in developing countries. SECO has also established the Green Credit Trust (GCT) designed at increasing the attractiveness of EST investments. The GCT is operating since 2004 in Colombia and Peru. SECO officially introduced GCTF in Vietnam through the coordination of Vietnam Cleaner Production Centre (VNCPC) since the end of 2007.
Objectives: to promote long-term investments to SMEs in cleaner production technology with a positive impact on the environment and to contribute to the sustainable development of Vietnam This is achieved thanks to a reduction of the demand on collateral (50% guarantees) and a partial reimbursement (up to 25 %) of the invested capital, based on the environmental impact resulting from the investment
Operational structure: GCTF operates with the participants of commercial banks: ACB, VIB, Techcombank; Vietnam Cleaner Production Centre (VNCPC); The Swiss State Secretariat for Economic Affairs (SECO)
Duration: 2007 – 2017