Regionaler Energieeffizienzfonds westlicher Balkan und Nachbarschaftsregionen (GGF X) Regional Energy Efficiency Fund Western Balkans and European Neighbourhood Regions (GGF X) Um dem Klimawandel entgegenzuwirken und eine nachhaltige Entwicklung der Zielregion des Fonds (Westbalkan, östlichen und südlichen Nachbarschaftsregion der EU) zu unterstützen, sind weitereichende umweltschonende Investitionen nötig. Das Angebot für nachhaltige und breitenwirksamen Finanzierung von Investitionen in Energie-Effizienz (EE) und erneuerbare Energien (RE) wird von lokalen Finanzmärkten nicht in ausreichender Form zur Verfügung gestellt. Das Ziel des Vorhabens ist in erster Linie der nachhaltige Aufbau und die Erweiterung des Angebots für eine breitenwirksame Finanzierung von Investitionen in EE/RE in den Zielregionen. In zweiter Linie trägt die Maßnahme zur Reduktion des Energieverbrauchs und/oder der Reduktion von Treibhausgasemissionen bei Endkreditnehmern in der Zielregion bei.Projektträger ist der regionale Energieeffizienzfonds für den westlichen Balkan und europäische Nachbarschaftsregionen, der Green for Growth Fund (GGF). Dieser wurde im Dezember 2009 unter Schirmherrschaft der KfW und der EIB gegründet. Der Fonds trägt zur Entwicklung des Marktes für EE und RE bei, indem er Investitionen von KKMU und privaten Haushalten über den lokalen Finanzsektor wie zunehmend auch direkte Investitionen in Projektgesellschaften im Bereich RE fördert, die im Durchschnitt 20 % Energieeinsparungen und/oder 20 % CO2-Emissionsreduktionen erzielen. Der GGF ist mittlerweile in 19 Ländern auf dem Westbalkan (+Türkei) sowie in der östlichen und südlichen Nachbarschaftsregion der EU tätig. BMZ und EU sind größte Geber des GGF und halten in Form von C- und L-Shares einen großen Anteil der First-Loss-Tranche des GGF. Des Weiteren wurden aus BMZ-FZR-Mitteln Beiträge für die Fazilität für Technische Assistenz (TA-Fazilität) eingezahlt. To counteract climate change and support sustainable development in the target regions (Western Balkans, Eastern and Southern EU Neigbourhood Region), further environmentally friendly investments are needed. The supply for sustainable and effective financing of investments in energy efficiency (EE) and renewable energies (RE) is not sufficiently provided by local financial markets. The objective of the project is first and foremost to sustainably build up and expand the supply of effective financing for investments in EE/RE in the target regions. Secondarily, the measure contributes to the reduction of energy consumption and/or the reduction of greenhouse gas emissions among end-borrowers in the target region.The project executing agency is the regional energy efficiency fund for the Western Balkans and European neighborhood regions, the Green for Growth Fund (GGF). The fund was established in December 2009 under the sponsorship of KfW and the EIB. The Fund contributes to the development of the EE and RE markets by supporting investments by MSMEs and households through the local financial sector as well as, increasingly, direct investments in RE project companies that achieve on average 20% energy savings and/or 20% CO2 emission reductions. The GGF is now active in 19 countries in the Western Balkans (+Turkey) and in the EU's Eastern and Southern Neighborhood region.BMZ and the EU are the largest donors to the GGF and hold a large share of the GGF's first-loss tranche in the form of C- and L-shares. Furthermore, significant contributions from FZR funds for accompanying measures have been paid into the Technical Assistance (TA) Facility. The funds of this Project of EUR 35 million are meant to be granted in the form of an equity investment from the Financial Cooperation with Regions title (FZR), in which KfW acts as a trustee for the BMZ. Aufbau und die Erweiterung des Angebots für nachhaltige und breitenwirksame Finanzierung von Investitionen in Energieeffizienz und erneuerbare Energien über Finanzinstitutionen, Energy Service Companies (ESCO) und private Investoren in den Zielregionen To counteract climate change and support sustainable development in the target regions (Western Balkans, Eastern and Southern EU Neigbourhood Region), further environmentally friendly investments are needed. The supply for sustainable and effective financing of investments in energy efficiency (EE) and renewable energies (RE) is not sufficiently provided by local financial markets. The objective of the project is first and foremost to sustainably build up and expand the supply of effective financing for investments in EE/RE in the target regions. Secondarily, the measure contributes to the reduction of energy consumption and/or the reduction of greenhouse gas emissions among end-borrowers in the target region.The project executing agency is the regional energy efficiency fund for the Western Balkans and European neighborhood regions, the Green for Growth Fund (GGF). The fund was established in December 2009 under the sponsorship of KfW and the EIB. The Fund contributes to the development of the EE and RE markets by supporting investments by MSMEs and households through the local financial sector as well as, increasingly, direct investments in RE project companies that achieve on average 20% energy savings and/or 20% CO2 emission reductions. The GGF is now active in 19 countries in the Western Balkans (+Turkey) and in the EU's Eastern and Southern Neighborhood region.BMZ and the EU are the largest donors to the GGF and hold a large share of the GGF's first-loss tranche in the form of C- and L-shares. Furthermore, significant contributions from FZR funds for accompanying measures have been paid into the Technical Assistance (TA) Facility. The funds of this Project of EUR 35 million are meant to be granted in the form of an equity investment from the Financial Cooperation with Regions title (FZR), in which KfW acts as a trustee for the BMZ.