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Global Energy Efficiency and Renewable Energy Fund (GEEREF)

GEEREF is a Public Private Partnership (PPP) drawn from the Patient Capital Initiative (PCI) which was launched in 2004 in the context of the Johannesburg Renewable Energy Coalition (JREC). GEEREF is an innovative Fund-of-Funds, providing global risk capital through private investment for energy efficiency and renewable energy projects in developing countries and economies in transition. GEEREF aims to accelerate the transfer, development, use and enforcement of environmentally sound technologies for the world's poorer regions, helping to bring secure, clean and affordable energy to local people. GEEREF was initiated by the Directorate General for Environment and Directorate General for Europe Aid Cooperation Office (AIDCO) of the European Commission. GEEREF is both a sustainable development tool and a strong support for global efforts to combat climate change. It is sponsored by the European Union, Germany and Norway and is advised by the European Investment Bank Group (European Investment Bank and the European Investment Fund). [Info provided by the IRENA Navigator Project]

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Specifications

Program website

http://geeref.com/

Type

Investor
Fund

Geographical Scope

Globally

Funding / Investment / CapBuild type

Equity (only indirectly channeled through local development banks). Up to 10 M USD

Contact information

E-mail

infodesk@eib.org

Last update

Date

09-05-2018

Status

Not Accepting Applications

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