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About

We are the Green for Growth Fund

Over €1B in assets and a 15-year investment track record
 

We aim to deliver risk-mitigated returns, while reducing CO2 emissions and promoting sustainable development.

 

We do this by financing renewable energy, energy efficiency and resource efficiency projects.

 

We finance projects directly and indirectly through 70+ local financial institutions and projects across 19 countries in EU Accession and Neighbourhood regions.

 

Launched in 2009, the Fund is managed by Finance in Motion (appointed as the AIFM) and was launched as an initiative of the European Investment Bank, the European Union and Germany’s KfW Development Bank.

Solar and Men working

Managed by Finance in Motion 

Figures as of Q2 2025

€4.1B

Assets under management

42%

Share of capital raised by private investors (since inception)

40

Active countries of investment

Finance in Motion is an established and successful asset manager

 

Founded in Germany, with local expertise from Latin America to Eastern Europe, Finance in Motion has been investing in emerging markets for over 20 years. Its track record is unmatched.

 

Through investments, advice and capacity building, the firm addresses climate change, protects nature and fosters financial inclusion.

 

Invest in what matters with Finance in Motion.

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Meet the fund director

Meet the fund management team

Together we open doors for investors and drive impact across our markets. 

 

Meet our Board of Directors

Our mission is to reorient capital toward solutions that reduce emissions and strengthen economies. By working with local financial institutions and real-economy partners, we turn sustainable finance into lasting, systemic change.

Simon Gupta - Board Chairperson

Our Partners 

We are the preferred partner of many public and institutional investors.

Current Investors

ASNBank logo

ASN Bank

Deutsche Bank

Deutsche Bank

GLS Bank logo

GLS Bank

Raiffeisen bank international

Raiffaisen Bank

European Investment Bank

European Investment Bank

KfW logo

KfW

EU Flag

European Union

BMZ logo

German Federal Ministry for Economic Cooperation & Development

EBRD logo

European Bank for Reconstruction & Development

FMO logo

FMO - Entrepreneurial Development Bank

IFC logo

International Finance Group

OeEB - Development Bank of Austria logo

Development Bank of Austria

Initiators

KfW logo

KfW

European Investment Bank

European Investment Bank

EU Flag

European Union

Advisory & capacity building donors

BMZ logo

German Federal Ministry for Economic Cooperation & Development

EU Flag

European Union

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.