climate finance
GGF’s Kostadinov: Western Balkans responded to energy crisis with innovation, ambition (video)
20 May 2025 - The past three to four years have been nothing short of transformational when it comes to the energy transition in the Western Balkans, said Borislav Kostadinov, Finance in Motion's Fund Director for GGF
Minister Admir Šahmanović formally assumes energy, mining portfolio in Montenegro
17 April 2025 - Minister of Energy and Mining of Montenegro Admir Šahmanović was formally voted in as the two ministries that he ran were merged
Bulgaria aims to make Europe’s biggest energy community
03 April 2025 - The upcoming solar power program in Bulgaria for municipalities and small businesses will create Europe's biggest energy community, Minister Zhecho Stankov claims
IFC buys Kommunalkredit Austria’s bond to finance sustainable energy in Europe
04 March 2025 - IFC is investing up to EUR 100 million in Kommunalkredit Austria's bond for financing green energy projects in Bulgaria, Poland and Romania
GGF provides loan to Lovćen banka in Montenegro for its green portfolio
12 February 2025 - The Green for Growth Fund (GGF) has established a partnership with Lovćen banka in Montenegro by signing a loan agreement of EUR 3 million
IFC is building Western Balkans Green Growth Alliance
30 January 2025 - IFC is spearheading the establishment of the Western Balkans Green Growth Alliance for decarbonization and sustainability
The sustainable transition: a crucial opportunity for manufacturing industries in the Western Balkans
27 January 2025 - The shift toward more sustainable production is a defining challenge for industries worldwide. In the Western Balkans, it may be especially daunting.
Kostadinov: The Green for Growth Fund is accelerating its expansion after topping EUR 1 billion mark
23 December 2024 - The Green for Growth Fund recently topped EUR 1 billion in AUM and the demand for its offering is steadily picking up, the Director for GGF at Finance in Motion Borislav Kostadinov revealed
Akuo raises EUR 194 million through green bonds for energy projects
09 December 2024 - Akuo sold green bonds worth EUR 194 million to old partners and new institutional investors for green energy plants and storage units
COP29 decisions ambitious but insufficient to curb global warming
25 November 2024 - The COP29 summit resulted in a global pledge of USD 300 billion per year for poorer and most vulnerable countries and a global carbon market deal
Landmark deal reached at COP29 on global carbon market
12 November 2024 - Countries participating in COP29 reached a consensus on standards for the creation of carbon credits in line with the 2015 Paris Agreement
GGF-backed photovoltaic plant under construction at North Macedonian coal pit
15 August 2024 - GGF backed Renalfa IPP's public-private partnership for a 50 MW solar power plant in coal land in North Macedonia
Green for Growth Fund tops its financial, impact targets in 2023
15 July 2024 - The Green for Growth Fund kept mitigating climate change and promoting sustainable economic growth last year in its 18 markets
GGF-backed Bogoslovec wind farm is model for green energy investments in Balkans
11 June 2024 - BNB Kompani and the Green for Growth Fund celebrated the opening of the Bogoslovec wind farm
Serbia is one of most important markets for GGF
31 May 2024 - Aleksandar Stojkov from Finance in Motion, investment advisor to GGF, said Serbia is one of the most important markets
GGF’s Kostadinov: Green investment is nearing inflection point in many countries
20 May 2024 - The Balkans require a critical mass of renewables development to unleash green investment, Borislav Kostadinov from GGF said at Belgrade Energy Forum