Factsheet: Green for growth fund

Green for growth fund

Key Information
Full name of Instrument & Measure (English): 
Green for Growth Fund (GGF)
Description: 
The Green for Growth Fund is the specialized fund to advance energy efficiency (EE) and renewable energy (RE) in Southeast Europe, through reduction of energy consumption and CO2 emissions. GGF provides financing and direct investments in non-financial institutions with projects in the energy efficiency and renewable energy area. GGF offer a technical assistance facility for capacity building of partner institutions, as well as support of companies in the form of energy audits or EE and RE project implementation.
Goal/Aim: 
Stimulate investments in energy efficiency and use of renewable energy.

Sector/Topic targeted:

Responsible Authority: 
European Investment Bank (EIB), KfW Development Bank (KfW), European Commission (with the European Investment Fund as Trustee), German Federal Ministry of Economic Cooperation and Development (BMZ), EIB, KfW, European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC) and Netherlands Development Finance Company (FMO)

Status:

Year Instrument & Measure Started: 
2009