A single loan for approximately €1.4 million will support the development of jatropha nursery plantations, to raise seedlings for distribution to over 26,000 farmers in six states in India. This transaction, developed by YES Bank Ltd (YBL) is the second one to close under a finance bundling project that is executed in partnership by YBL and Environment Energy and Enterprise Ventures (e3V), with some financial support from REEEP.

On 17 June 2009, Kazakhstan’s Parliament passed the final amendments to a Law on the Use of Renewable Energy Sources, which establishes a full regulatory framework for renewables in that country: the result of a REEEP-funded project implemented by UNDP.