Climate Finance and CleanTech (CFACT) is an investment and analytics platform dedicated to matching a fast-growing Climate Finance industry with vast and high-return business opportunities in CleanTech in Eastern Europe/Ukraine. By sharing knowledge and experience about the sector, concrete projects and available financing, we make the business idea a reality. The Platform is based on a large network of independent senior experts in the area of energy strategy, renewable energy, energy efficiency, climate finance, fund structuring, ESG located in Kyiv, Oxford, London, Brussels, and Paris.
The founder of the platform – Sergiy Maslichenko – is an experienced climate finance director with over 20 years of experience in financing sustainable energy and devising energy and climate policies.
Sergiy has designed and implemented a number of novel products and programmes in renewable energy, energy efficiency, circular economy, and innovations. These include:
- USELF – Ukraine Sustainable Energy Lending Facility,
- IQ Energy – Residential Buildings Energy Efficiency Financing Programme,
- FINTECC – Financing Clean Technologies Transfer Programme,
- Climate Innovation Vouchers,
- Sustainable Bioenergy Value Chain Innovations programme,
- Ukraine Agribusiness Waste Residues Programme,
- E5P Fund – Eastern Europe Energy Efficiency and Environment Partnership;
- Public Buildings Energy Efficiency Financing programme and others
Together they resulted in EUR 2 billion investments in Eastern Europe.
At the EBRD, Sergiy was responsible for implementation of the Bank’s Green Economy Transition (GET) strategy in over 30 countries of operations. He has set up and managed the GET Ambassadors Network inside the Bank which promoted green agenda in those countries.
In 2017-2019 Sergiy was a Board Director at the Green for Growth Fund (GGF) – a Luxembourg-based impact investment fund owned by the EIB, KfW, EBRD, IFC, FMO, OeEB and private banks. The Fund invested EUR 600 million in energy efficiency and renewable energy projects in the Southeast Europe Region, including Turkey, the European Neighbourhood Region-East and the Middle East and North Africa (MENA).
In 2019-2020 Sergiy joined the pro-reform Government of Ukraine as a Deputy Minister of Energy and Environment of Ukraine. He was responsible for the Ministry’s strategy work and led the preparation of Ukraine’s Green Energy Transition Strategy to 2050.
After the Government dismissal, he left the Ministry and set up an investment and analytics platform “Climate Finance and CleanTech”.