The Green for Growth Fund was initiated by KfW Development Bank and the European Investment Bank during 2009 as a joint initiative.
KfW Bankengruppe gives impetus to economic, social and ecological development worldwide. As a promotional bank under the ownership of the Federal Republic and the Länder (federal states), it offers support to encourage sustainable improvement in economic, social, ecological living and business conditions, among others in the areas of small and medium-sized enterprise, entrepreneurship, environmental protection, housing, infrastructure, education finance, project and export finance, and development cooperation. For more details, please see www.kfw.de
As the bank of the European Union, owned by the 27 EU Member States, the EIB Group uses its special expertise and resources to make a difference to the future of Europe and its partners by supporting sound investments which further EU policy goals. In 2009 the EIB signed loans for 79.1 billion euro, of which nearly 9 billion euro was for operations in EU neighbouring and partner countries. For more details, please visit www.eib.org