Green for Growth Fund (GGF)
The Green for Growth Fund (GGF) is the first specialized fund to advance energy efficiency (EE) resource efficiency (REff) and renewable energy (RE) in Southeast Europe, including Turkey, as well as in the nearby European Eastern Neighborhood region and in the Middle East and North Africa (MENA). Initiated by the European Investment Bank and KfW Development Bank, GGF is an innovative public-private partnership established to reduce energy consumption and CO2 emissions. GGF provides refinancing to financial institutions to enhance their participation in the EE and RE sectors and also makes direct investments in non-financial institutions with projects in these areas. The activities of GGF are supported by a Technical Assistance Facility.
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The Green for Growth Fund provides investments in the energy efficiency and renewable energy sectors both indirectly, through financial institutions, and directly to non-financial institutions such as renewable energy companies or projects, energy service companies, energy efficiency service and supply companies as well as companies in general.
To receive GGF services, financial and non-financial institutions must become a GGF partner institution.
If you are a financial institution, find out more about what services the GGF offers here.
If you are a non-financial institution, find out more about what services the GGF offers here.
If you are a renewable energy project developer, find out more about what services the GGF offers here.Successfully access GGF services.Energy Project Developer; GGF Partner Institution (Financial or non-financial institution) Develop strong projects and receive technical assistanceDevelop strong projects and receive technical assistance The GGF has an independent Technical Assistance Facility, which plays a key role in supporting the fund’s promotion of energy efficiency (EE) and renewable energy (RE) by providing targeted technical assistance to financial institutions and project developers in conjunction with GGF funding. The facility operates hand in hand with the GGF, complementing its investments.
Find out more about the Technical Assistance Facility here.Develop strong project proposal through GGF technical assistance.Energy Project Developer; International development institutions and other donors; GGF Board of Directors
At Q4 2019 the amount of funding available and the total size of the fund is EUR 512.4 million.