Invest in
a green future

The Green for Growth Fund finances projects in EU Accession and Neighborhood regions that deliver risk-mitigated returns, reduce CO₂ emissions, and promote sustainable development
The Green for Growth Fund finances projects in EU Accession and Neighborhood regions that deliver risk-mitigated returns, reduce CO₂ emissions, and promote sustainable development
Figures as of Q1 2025
€1.1B
Portfolio
€2.1B
Cumulative investments since inception
18
Active investment countries
Figures as of Q4 2024
1.4M
Tons of CO2 emissions reduced annually
2.2M
Cubic metres of water saved or treated
5.3M
MWh of energy saved per year
Delivering for investors
We provide diversification with risk-mitigation
Investing in EU Accession and Neighbourhood regions can deliver diversification and long-term returns.
But some investors perceive the risk to be high.
We give you access to these investments with first- and second-loss protection.

Delivering for the planet
We finance renewable energy, and energy and resource efficiency projects
These projects generate sustainable economic growth, reduce energy dependence, stabilize supply chains and mitigate climate change.
We finance high-impact activities across the EU Neighbourhood region, often through our close relationships with local financial institutions.
Our specialists live and work where they invest - they know their sector, market and assets intimately. Our advisory & capacity building teams also broaden and deepen your impact. They tailor education and consultancy services for investees, and contribute to market development.

“Green for Growth Fund gives you access to diversified, impact-driven projects through trusted local institutions you can’t reach via traditional channels. These diversified investments are future-focused and built on long-term EU-aligned growth drivers.”
Borislov Kostadinov, Fund Director
It takes a specialist to invest in this market
We operate across multiple sectors in 18 markets.
To execute in this region, you need extensive networks, institutional credibility and the ability to anticipate policy shifts in real time. This requires a strong local presence.
Overview
Information for potential investors
In respect of the United States of America, Canada, Japan or Australia or any other jurisdiction in which the distribution, offer, sale, transfer or resale would be prohibited by applicable law, no investment in notes/shares or other instruments of the Fund (or its sub-fund(s)) can be offered or made.