GGF secures EUR 82.8 million in investments for green lending
GGF closed 2023 securing EUR 32.8 million from Germany’s KfW and EUR 50 million from FMO, the Dutch entrepreneurial development bank
The time to scale-up renewables is now
The COP 28 commitment to triple renewable energy worldwide by 2030 is a critical step forward in addressing the climate crisis. However, achieving this accelerated deployment demands innovative models that increase private investment and build the capacities of local markets
People and businesses in SEE became aware of climate crisis, benefits of green energy
Green finance helps firms and households protect the environment and cut energy costs, says the GGF's head for Southeast Europe Mejra Juzbašić Bajgorić.
Beyond Leather wins clim@ 2020 competition with apple-based clothing material
The clim@ 2020 finals were held online today and the top 15 startups held virtual presentations to the judges. They decided Beyond Leather from Denmark was the best project, with its vegan product for the fashion industry. The contest is organized by Finance in Motion on behalf of the Green for Growth Fund (GGF). Renewable […]
Finance in Motion releases impact investment report Road to Impact
In 2019 Finance in Motion advised funds which had facilitated over 70,000 new loans to small businesses and households and were helping prevent the emission of more than 870,000 tons of CO2 every year, according to its annual impact investment report Road to Impact. The asset manager said that by the end of last year […]
GGF Impact Stories: Helping Serbia increase energy savings
The Green for Growth Fund (GGF) supports sustainable energy finance and green energy projects through funding, know-how and the tools to succeed in the market. Serbia represents one of the Fund’s largest portfolios and with more than EUR 90 million invested, it is one of the GGF’s biggest success stories to date. The GGF, which […]
GGF extends EUR 1 million to LIDER to on-lend for energy efficiency, small renewable energy equipment
The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has joined hands with the Microcredit Foundation LIDER to promote energy efficiency and use of small renewable energy equipment among households and farmers in Bosnia and Herzegovina through a loan of EUR 1 million. The loan, along with the complementary […]
Solagro Smart Recycler targets consumers who lost faith in recycling system
A lack of a reliable and simple recycling system and unmotivated users result in a low percentage of recycled packaging waste. Serbia’s Solagro, a participant in this year’s clim@ competition for startups organized by the Green for Growth Fund (GGF), has developed a smart beverage waste recycling device that can solve the problem. The Solagro […]