In Q4 2016 in Berlin, the Green for Growth Fund hosted its first ever round table with energy experts, representatives of the fund’s advisor Finance in Motion, and its technical advisor MACS Energy and Water. These experts were selected by the Green for Growth Fund Technical Assistance Facility (GGF TAF) as local energy consultants for partner institutions and represented six countries in Southeast Europe and the European Neighbourhood Region-East.

Finance in Motion organized the highly successful event to increase knowledge levels among leading energy experts in the GGF region to facilitate the implementation of energy saving projects. Prior to the round table, participants visited the Adlershof high-technology site of Berlin, which is being billed as the “City of Science, Technology and Media”, and included a guided tour of the Berlin utility company BTB Heizkraftwerk Adlershof.

The full-day workshop covered themes including confirmatory and holistic energy assessment requirements and case studies, loan portfolio screenings, environmental and social procedures for commercial renewable energy projects, and the features of eSave, an online tool for monitoring and reporting the energy savings and CO2 emission reductions of fund investments. The guests actively contributed to discussions, made useful suggestions, exchanged ideas and provided positive feedback. 

The GGF TAF is considering scheduling similar workshops regularly for its key service providers and partners. Such events should be dedicated to topical themes, and motivate and support energy consultants acting in the fund's interest on-site.


The Green for Growth Fund invests in measures designed to cut energy use and CO2 emissions by a minimum of 20% in 19 markets across Southeast Europe, the Caucasus, Ukraine, Moldova, the Middle East and North Africa. The fund provides financing to local partners that on-lend to enterprises and private households, and it invests directly, primarily through the contribution of senior debt, in renewable energy projects. The GGF’s Technical Assistance Facility maximizes the fund’s investment impact through support for capacity building at local financial institutions and partners. 

The GGF was initiated as a public-private partnership in December 2009 by Germany’s KfW Development Bank and the European Investment Bank, with financial support from the European Commission, the German Federal Ministry for Economic Cooperation and Development, the European Bank for Reconstruction and Development, and the Austrian development bank OeEB. The fund’s growing investor base comprises donor agencies, international financial institutions and institutional private investors, including the International Finance Corporation, the Dutch development bank FMO, the German ethical bank GLS, and Church of Sweden. The GGF is privately managed by Oppenheim Asset Management Services S.à r.l., Luxembourg and advised by Finance in Motion GmbH. MACS Management & Consulting Services GmbH, Frankfurt am Main acts as the technical advisor. 

To download the news release click here

Contact for more information

Eric Culp
Phone: +49 (0)69/271 035-307

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