Dutch development bank FMO invests EUR 20 million more in Green for Growth Fund
Dutch development bank FMO has invested a further EUR 20 million into the Green for Growth Fund (GGF), bringing the bank’s total investments in the fund to EUR 60 million. The loan agreement was signed in The Hague on November 15, 2018, according to a joint press release. This investment will be used to finance […]
clim@ winner Inspidere has solution for converting cow manure waste into bio-textiles, plastic, paper
After presenting all the other finalists of the clim@ competition for startups organized by the Green for Growth Fund (GGF), Balkan Green Energy News brings you the competition winner –the Netherlands-based Inspidere, whose Mestic, a method of converting cow manure waste into bio-textiles, plastic, and paper stole the show at the grand finale. The solution […]
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 […]
Effa creates eco-friendly disposable toothbrush to help beat plastic pollution
Now that a number of global coffee shop and restaurant chains have pledged a phase-out of plastic straws, the fight against plastic pollution turns to the next big problem item – the ubiquitous toothbrush. This is where Ukraine’s Effa steps in. The finalist of this year’s clim@ competition for startups organized by the Green for […]
NÜWIEL’s electric-powered bike trailer brings sustainable mobility closer to your doorstep
Freight transportation in urban areas accounts for up to 21% of all CO2 emissions, while it is also responsible for noise emissions and traffic congestion. Germany’s NÜWIEL, a finalist of this year’s clim@ competition for startups organized by the Green for Growth Fund (GGF), has a solution. NÜWIEL is a tech startup from Hamburg founded […]
Biomyc develops biodegradable packaging solution to substitute polystyrene, protect oceans from pollution
The Expanded Polystyrene Foam (EPS), a type of plastic, is widely used in the packaging industry. This non-biodegradable material has short usage cycles and a very low recycling rate, which makes it one of the most pervasive pollutants on Earth, especially in oceans. Bulgarian startup Biomyc, a finalist of this year’s clim@ competition for startups […]
BEAD – Converting commercial properties into intelligent digital buildings saving energy, reducing emissions
Energy consumption in buildings currently accounts for over 40% of all energy consumed in Europe and US. Human behavior alone is the source of 20%-40% of energy waste in buildings. This problem is being addressed by Turkish startup BEAD, an entrant in this year’s clim@ competition for startups organized by the Green for Growth Fund […]
GGF Impact Stories: Improving energy efficiency in Montenegro
The Green for Growth Fund (GGF), which was initiated as a public-private partnership in December 2009 by German development bank KfW and the European Investment Bank (EIB), surpassed major milestones in 2017, increasing the total financing it has provided to final borrowers to over EUR 600 million across more than 25,000 individual projects. The GGF […]