The Danish Green Investment Fund is a state loan fund dedicated to providing co-financing for projects that contribute to the sustainable development of Danish society and industries. The fund was established in 2014. The projects previously financed by the fund are diverse, ranging over several themes and industries.
The fund provides co-financing to projects that cover one of three areas: Environmental savings, renewable energy sources and resource efficiency. Private as well as public companies and institutions in all sectors and industries, that wish to work towards implementing green solutions, may apply for a loan at the Danish Green Investment Fund.
Applications for a loan can comprise:
- Renewable energy resources – replacing fossil fuels with abundant and low-cost renewable energy sources
- Environmental savings – reducing the total energy consumption and emission of especially CO2, for example with projects in transport or infrastructure
- Resource efficiency – rethinking the traditional value chain and reducing the total resource usage
Commercial opportunities: In order to apply for a loan at the Danish Green Investment Fund, the technology must present a verified commercial potential. The commercial as well as the green potential pf the project will be evaluated in consultation between the company or institution and the fund itself.
Funding opportunities: Applicants may procure a loan of up to 60 percent of the total project expenditure, with loan amounts between 2 and 100 mio. DKK. Projects may have a duration of up to 30 years.
Activity types: Support for innovation of green technologies, including novel applications of known technologies.
Specific criteria for applications: In order to be eligible for a loan at the Danish Green Investment Fund, the project must firstly contribute to the sustainable development of Danish society and must produce a measurable green effect, e.g. in the form of a reduced carbon emission or usage of resources. Secondly, the project must be economically viable.
Projects are evaluated based on the four funding criteria:
- Green effect
- Healthy economy
- Socioeconomic return