The Green for Growth Fund (GGF) is a specialised impact investment fund to mitigate climate change and promote sustainable economic growth by investing in measures that reduce energy consumption, resource use, and CO2 emissions in Southeast Europe and the EU Neighbourhood regions. Initiated by the European Investment Bank and KfW Development Bank, the GGF is a public-private partnership that leverages risk capital provided by public institutions with additional private capital. The GGF channels dedicated financing to businesses and households through local financial institutions, and also makes direct investments in eligible projects and companies. The activities of the GGF are supported by a Technical Assistance Facility, which provides know-how and technical expertise to ensure that these investments are successfully implemented.
- Geography
- Europe
- Sector(s)
- Energy Efficiency, Renewable Energy
- Vintage year
- 2009
- EIB commitment
- EUR 100m
- Website
- http://www.ggf.lu