The countries in the regions of the Fund, currently Southeast Europe and the European Neighborhood Region, are much more energy intensive than those of Western Europe. As countries such as Serbia seek to fulfill the EU’s 20/20/2020 goals, they need to address both the demand and supply sides of their energy equation. This means reducing demand through energy efficiency, at households, businesses, and government level, and to “green” supply by focusing on renewable sources, in particular wind and hydropower. We are able to address gaps in the market, investing where purely commercial investors might not yet feel confident to invest.
Complete interview with Mr. Lloyd Stevens, Director, Finance in Motion, Investment Advisor to the Green for Growth Fund can be accessed here: LINK