RENAC has officially launched the third phase of its Green Banking Project, a scholarship-based training programme designed to expand sustainable finance expertise worldwide.
Since 2015, the Green Banking Project has trained financial institutions across Southeast Asia and Latin America to fund renewable energy (RE) and energy efficiency (EE) projects. Its first two phases (2015–2022) improved banks’ ability to evaluate risks, mobilise capital, and scale clean-energy investments.
The third phase, announced at the project launch event in Hanoi on 9 July, 2025, adds new areas of focus: Green Hydrogen applications, financing for small-scale green energy projects, and specialised modules for project developers. These additions respond to market demand for both advanced technologies and practical financing strategies.

The third phase of Green Banking will be implemented in South Africa, Kenya, Brazil, Colombia, Indonesia, and Viet Nam. Through partnerships with the IFC Green Banking Academy, the IFC Alliance for Green Commercial Banks, and the Private Finance Advisory Network, RENAC will award 100 scholarships per country over the project’s lifetime.
These scholarships will give bankers, investors, project developers, and policymakers direct access to high-level training in green finance, ensuring that expertise reaches every stage of the clean-energy investment cycle.
Apply now for the Applying Green Energy Finance Scholarship
A flagship component of this phase is the three-month online course “Applying Green Energy Finance for Small Scale Applications” (AGEF), running from November 2025 to February 2026. Applications are open until 1 October 2025 and interested participants may apply for a scholarship here: https://form.jotform.com/RENAC/GB_Apply_Agef_Small_Scale_OT
The AGEF equips participants to:
- Select appropriate RE and EE technologies for small-scale projects.
- Evaluate business models and financing options to make these projects bankable.
The course is ideal for:
- Finance professionals, bankers, and investors funding green projects.
- Project developers and energy companies seeking financing and managing project economics.
- Renewable energy analysts assessing risk and performance.
- Consultants, policymakers, and regulators shaping strategies and incentives.
By focusing on small-scale applications, AGEF addresses a critical challenge: mobilising capital for distributed renewable and efficient projects that often struggle to attract traditional lending.
As countries push toward net-zero targets, access to finance remains a decisive barrier. The Green Banking Project strengthens the capacity of financial and energy professionals to identify viable projects and structure innovative financing, turning climate goals into real investments.
Pictures from the Green Banking Launch Event in Viet Nam:



Please visit the Green Banking project website for more information about upcoming activities: https://www.renac.de/projects/current-projects/green-banking-project
For more information about the project, please visit: Green Banking – Capacity Building for Green Energy and Climate Finance | Internationale Klimaschutzinitiative (IKI)