Factsheet: Green for growth fund

Green for growth fund

Key Information

Country/Region:

Europe (non EU)›SERBIA

Description:

The Green for Growth Fund is the specialized fund to advance energy efficiency (EE) and renewable energy (RE) in Southeast Europe, through reduction of energy consumption and CO2 emissions. GGF provides financing and direct investments in non-financial institutions with projects in the energy efficiency and renewable energy area. GGF offer a technical assistance facility for capacity building of partner institutions, as well as support of companies in the form of energy audits or EE and RE project implementation.

Goal/Aim:

Stimulate investments in energy efficiency and use of renewable energy.

Type (and subtype) :

Sector/Topic targeted:

Status:

In force

Impact on regional bioeconomy objectives

Fostering effective governance and involvement of the society:

Not Relevant

Building a strong research, development and innovation base:

Not Relevant

Enhancing the creation of jobs and ensuring availability of required skills:

Not Relevant

Building competitive biobased industries:

Not Relevant

Creating a reliable and enabling policy setting:

Not Relevant

Address the (multilevel) cooperations needed to start biobased businesses:

Not Relevant

Creating an attractive environment including infrastructure:

Not Relevant

Availability of financial resources:

Not Relevant

Learning from the strategies/actions of other regions, clusters,...:

Not Relevant

Fostering the development of strong biobased markets:

Not Relevant

Contact References

Full name of Instrument & Measure (English):

Green for Growth Fund (GGF)

Links:

http://www.ggf.lu/

Responsible Authority:

European Investment Bank (EIB), KfW Development Bank (KfW), European Commission (with the European Investment Fund as Trustee), German Federal Ministry of Economic Cooperation and Development (BMZ), EIB, KfW, European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC) and Netherlands Development Finance Company (FMO)

Contact of Responsible Authority:

http://eib.europa.eu/

Completed by:

Imperial College London

Completed on:

July, 2014

Advanced Information

Feedstock type targeted:

Product type targeted:

Value Chain:

Conversion / transformation / processing

Year Instrument & Measure Started:

2009

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