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A renewed commitment for a greener economy: GGF and Microinvest sign a new €10 million deal to support green investments

Green for Growth Fund (GGF), a fund dedicated to promoting energy efficiency and renewable energy announces the signing of a new finance agreement of €10 million in local currency with Microinvest, the country’s leading non-bank lending provider. The collaboration aims to accelerate investments in energy-efficient solutions among consumers and local businesses, contributing to CO₂ emission reductions and sustainable economic growth.

The new loan agreement provides a solid foundation for the acceleration of green investments in the Republic of Moldova. Thus, Microinvest will be able to offer sustainable financing solutions, encouraging the ecological transition of local businesses and consumers, and supporting the development of a more responsible economic and social environment.

The resources will be directed towards projects that reduce energy consumption, optimize production processes and promote responsible practices among entrepreneurs and consumers in Moldova.

This new agreement consolidates a long-term collaborative relationship, with clear objectives of supporting the ecological transition and adapting to European sustainability standards.

“Through this agreement, we reinforce the strategic commitment to supporting the transition of the Republic of Moldova towards a green and sustainable economy. Financing energy efficiency is an investment in long-term competitiveness, in business resilience and in alignment with European standards. GGF remains a trusted partner for institutions that actively contribute to the sustainable transformation of the local economy.” – Oxana Binzaru, Regional Director, Finance in Motion for GGF.

“More and more local businesses and households want to become more energy efficient, but they need accessible solutions to take this step. The financing provided by GGF helps us provide precisely this type of support – simple, fast and with a direct impact on economic and environmental performance. We are grateful to GGF for their trust and constant support of our efforts to foster sustainable investments.” – Dmitrii Svinarenco, CEO Microinvest.

About GGF

Green for Growth Fund promotes energy efficiency and renewable energy in South-Eastern Europe, the Caucasus, the Middle East and North Africa. By financing local financial institutions, GGF helps businesses and consumers access sustainable energy solutions, promoting energy efficiency and reducing carbon emissions. GGF was founded by the European Investment Bank and the KfW Development Bank, with financial support from the European Union, BMZ and other international investors. For more information, visit: www.ggf.lu

About Finance in Motion

Finance in Motion structures, manages and advises investment funds.
For more information, visit: www.finance-in-motion-com

About Microinvest

Microinvest is the leader of the non-banking financial market in the Republic of Moldova, with a loan portfolio of MDL 7 billion. Approximately 60% of its portfolio is dedicated to business clients, approximately 40% of which are in the agricultural sector. With 22 years of experience, the company serves more than 46 000 active clients – local entrepreneurs and individuals – through a team of 385 professionals, considering the subsidiary, and 17 offices across the country. The company holds the Gold Certification in Client Protection, confirming its commitment to responsible finance and transparency.

At the beginning of October 2025, Microinvest became part of Victoriabank. This strategic integration further strengthens Microinvest’s governance, access to resources, and long-term capacity to support Moldova’s sustainable development.

For more information: www.microinvest.md/en

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