COVID-19 crisis is opportunity for GGF to promote sustainable growth
GGF is encouraging and financing financial institutions which share its vision of building back better, Chairperson Olaf Zymelka said
GGF provides EUR 25 million in green finance to DenizBank in Turkey
A senior loan of EUR 25 million to the new partner in Turkey will increase the uptake of renewable energy, energy efficiency and resource efficiency measures, GGF said. The deal with DenizBank is seen resulting in annual primary energy savings of 58.4 GWh and a CO2 emission reduction of 13,000 tons. The Green for Growth […]
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 […]
GGF Partners with Mikrofin to boost energy efficiency in households, small enterprises
The Green for Growth Fund (GGF) has partnered with Mikrofin to encourage energy efficiency measures among households and small agri-businesses in Bosnia and Herzegovina, the GGF said in a press release. The impact of the EUR 2 million loan will be enhanced through capacity building measures, enabling Mikrofin to develop and market a dedicated energy-efficiency […]
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 […]
GGF extends EUR 10 million to Ohridska to on-lend for renewable energy, energy efficiency projects
The Green for Growth Fund (GGF) has announced its second senior facility of EUR 10 million for Ohridska Banka to support the bank’s on-lending to renewable energy and energy efficiency projects. The measures and projects financed by this extended facility are expected to yield annual primary energy savings of around 26,330 MWh and CO2 emission […]
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 […]
GGF provides EUR 1 million loan to MI-BOSPO for energy efficiency in BiH
The Green for Growth Fund (GGF) has secured a senior loan of EUR 1 million to MI-BOSPO to promote energy efficiency among microbusinesses and private households in Bosnia and Herzegovina (BiH). MI-BOSPO is a microcredit institution committed to expanding green finance to otherwise underserved customers, and which promotes energy efficiency measures among these customers with […]