2 July 2026

2022 Lab alum Green Guarantee Company (GGC), managed by the Development Guarantee Group, has received a EUR 25 million equity investment and a EUR 7 million technical assistance grant from Germany’s International Climate Initiative, delivered through Lab member KfW Development Bank. The announcement was made at the Hamburg Sustainability Conference. 

The equity investment will support GGC-guaranteed climate projects across emerging markets and developing economies. The technical assistance grant will strengthen the wider ecosystem in which GGC operates, helping borrowers develop guarantee-ready transactions that meet the platform’s standards. 

KfW becomes GGC’s fifth shareholder, joining fellow Lab members the Green Climate Fund and the UK FCDO (through MOBILIST), as well as Norfund and the Nigerian Sovereign Investment Authority. 

The news follows GGC’s recent close of its first two transactions, deploying capital for energy access in Sub-Saharan Africa, expected to mobilise USD 70 million in support of the Mission 300 initiative.