Sustainable Future Forum showcases the best initiatives in green energy projects
Wednesday, 27 June 2018 17:29Sustainable Future Forum showcases the best initiatives in green energy projects o.polyuga Wed, 06/27/2018 - 16:29
The Green for Growth Fund (GGF) held its first Sustainable Future Forum on 27 June in Frankfurt, Germany. More than 250 innovators and leading industry experts discussed how to actively shape the future of green finance and green growth, with a focus on energy and resource efficiency and renewable energy.
The Sustainable Future Forum looked at private sector-driven sustainable growth, promoting innovative ideas and new leading-edge approaches to green financing, exploring the core aspects of a greener economy, new business models and novel awareness-raising concepts that support the transformational process.
The event became a platform for the 15 finalists of the Clim@ Competition, organised by the GFF, to present their ideas for sustainable energy projects. 2 of the 15 finalists are companies from Eastern Partner countries: Effa from Ukraine and ResursConec from the Republic of Moldova. The competition prize is €30,000.
GGF Chairman Christopher Knowles said: “Through the support of its key investors, the European Union and the German Federal Ministry for Economic Cooperation and Development – as well as public institutions and, increasingly more, private investors – the fund has been able to support investments on the ground which reduce energy consumption and CO2 emissions, and create the efficient use of resources.”
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The Green for Growth Fund (GGF), part of the EU4Energy initiative, invests in measures designed to cut energy use and CO2 emissions, and improve resource efficiency in 19 markets across Southeast Europe, the Caucasus, Ukraine, the Republic of Moldova, the Middle East and North Africa. The fund provides financing directly to renewable energy projects, corporates and municipalities or indirectly via selected financial institutions 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.
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