Green for Growth Fund (GGF)

Climate Fund
iSustain score 60

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.

Geographic focus

Central Asia
Eastern Europe
Middle East
North Africa

Sector appetite

Climate Mitigation
Energy
Renewable Energy

Fund size

EUR 2 billion

Eligible recipients

Private sector
Public entity at the national level
Public entity at the sub-national level

Co-financing requirement

Yes — co-financing expected

Instruments & open calls

What a client can actually approach this organisation for, and how access works.

No instruments or open calls profiled yet for this organisation.

Members-only detail for Green for Growth Fund (GGF)

Membership unlocks the iSustain score and how it was built, the access difficulty rating and expected timeline, typical ticket sizes, readiness requirements, partnership preferences, contact routes and the full detail of profiled instruments and open calls, including eligibility and how to apply.