The Green for Growth Fund (GGF) enjoys the support of donor institutions, international financial institutions, and private investors. As a public-private partnership, GGF can leverage donor funds, in the form of first-loss C shares, and international financial institutions funds in the form of mezzanine shares, to access private capital in the senior shares and notes. This increases the effectiveness of donor and International financial institutions funding by bringing in additional capital that might not otherwise be attracted to the sector.
Investors that have invested in GGF are the European Investment Bank, KfW Development Bank, the European Bank for Reconstruction and Development, IFC, a member of the World Bank Group, the European Commission, the German Federal Ministry for Economic Cooperation and Development (BMZ), OeEB, the Development Bank of Austria, FMO, the Netherlands Finance Company.
Private investors that have invested in GGF so far include the German impact asset management firm Finance in Motion, GLS Bank, a German bank with a focus on social and environmental impact investing, the Church of Sweden (Svenska kyrkan), Deutsche Bank, the Dutch Foundation Stichting Democratie and Media, ASN Bank, the largest sustainable bank in the Netherlands, and the Austrian-based fair-finance Vorsorgekasse AG.