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Green for Growth Fund (GGF)

The Green for Growth Fund (GGF) is the first specialized fund to advance energy efficiency (EE) 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.

Purpose of support 
Creating enabling environments and building institutional capacity
Steps to access  

The contact points for Investees/Clients can be found here.

The lead time of a GGF investment depends on the complexity of the measure to be financed and can be processed on average within 6-12 months.

Climate objective 
Mitigation
Sectors and themes 
Energy efficiency, Renewable Energy
Type of support provider 
Other
Type of recipient 
Private sector
Fund size 

At Q1 2018 the amount of funding available and the total size of the fund is EUR 471.0 million.

Co-financing required 
Yes
Trustee or administrator 
Finance in Motion GmbH
Contact information 
http://www.ggf.lu/