Green for Growth Fund is an impact investment fund that invests in measures to reduce energy consumption, resource use, and CO2 emissions. The fund works through local financial institutions and direct investments to eligible projects and companies, providing technical assistance.

Green for Growth Fund

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DenizBank was founded in 1938 as a state-owned bank in order to provide funding for the developing Turkish maritime sector.

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The Green for Growth Fund 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 Neighbourhood 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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Serbia

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GGF

LU:GGF

Green for Growth Fund