By : Mohamed Elttar
The Green for Growth Fund (GGF) and Rockstart have joined forces to launch the first edition of Clim@ Scaler to develop the most innovative energy efficiency, circular economy ,and sustainable energy solutions. Following the success of previous editions which showcased start-ups,
Clim@ Scaler 2022 aims to promote impactful ventures that are successfully tackling sustainability issues and looking to scale their climate solutions. Applications are officially open on www.ggf-climat.com and Clim@ Scaler invites ventures from GGF’s target regions, namely, Southeast Europe, Turkey, the European Eastern Neighbourhood Region, and the Middle East and North Africa, to submit their applications.
The program entails personalized mentorship, interactive training, corporate connections with key industry leaders in the energy, agritech, and emerging tech sectors, financial support, and an opportunity to engage with investors in an interactive event. Furthermore, the GGF Technical Assistance Facility will support finalists’ post-program by offering technical assistance needed to scale up ventures and their green solutions.
Deadline: 5 April 2022
The Green for Growth Fund provides such financing directly to renewable energy projects, corporates and municipalities or indirectly via selected financial institutions. The GGF’s Technical Assistance Facility maximizes the fund’s investment impact through support for capacity building at local financial institutions and partners.
It 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).
