Pristina, August 19, 2026 – The Kosovo Credit Guarantee Fund (KCGF) and ProCredit Kosovo signed today a cooperation agreement for the implementation of the new financial instrument "Green Deposit," an innovative initiative aimed at supporting the financing of sustainable investments by businesses and accelerating the transition towards a green economy in Kosovo.
Through this instrument, KCGF places dedicated deposits in partner banks, which will be used exclusively to finance projects and investments that contribute to environmental protection, energy efficiency, renewable energy, and other activities defined as green investments. In line with the project's mission to support Kosovar enterprises in adopting sustainable and competitive business practices, the "Green Deposit" instrument promotes green investments, increases resource efficiency, strengthens business competitiveness, and contributes to advancing the transition towards a more sustainable and greener economy. This initiative is supported by the "Green Transformation of Private Enterprises in Kosovo" (GPEK) project. GPEK is a project of the Swiss Agency for Development and Cooperation (SDC), co-funded by Sweden and implemented by Helvetas.
The agreement with ProCredit Bank represents an important step in expanding the implementation of the "Green Deposit" instrument and in strengthening cooperation between KCGF and the banking sector in support of sustainable investments. The instrument aims to create more financing opportunities for businesses investing in green solutions and contribute to strengthening the green finance ecosystem in Kosovo.
Through the "Green Deposit," KCGF complements existing financing support mechanisms with an additional instrument that links deposit placement with the financing of green investments. In this way, the instrument aims to encourage a more strategic use of capital and support a more active role for financial institutions in financing the green transition.
During the signing ceremony, representatives of KCGF and ProCredit emphasized the importance of inter-institutional cooperation in creating new financial opportunities for businesses and supporting the country's sustainable development objectives.
The "Green Deposit" is designed to provide a transparent and reliable mechanism for financing green investments, ensuring that dedicated funds are used only for activities that meet defined sustainability criteria and contributing to avoiding greenwashing practices.
Statement of the Managing Director of KCGF "The launch of the 'Green Deposit' instrument represents a significant step in our efforts to advance green finance in Kosovo. Through this agreement with ProCredit, we are creating a concrete mechanism that directly links financial resources to investments that generate long-term environmental and economic benefits. This initiative is also supported by the 'Green Transformation of Private Enterprises in Kosovo' (GPEK) project, funded by the Swiss Agency for Development and Cooperation (SDC), co-funded by Sweden, and implemented by Helvetas, which promotes green investments and the adoption of sustainable practices by Kosovar businesses.
At the Kosovo Credit Guarantee Fund, we believe that the transition towards a more sustainable economy requires not only willingness but also innovative financial instruments that enable the private sector to invest in greener technologies and practices. The 'Green Deposit' is precisely such an instrument, which not only supports sustainable investments but also strengthens the role of the financial sector in addressing climate and environmental challenges.
We are pleased that ProCredit is a partner bank for this instrument and believe that this cooperation will serve as a successful model for the further expansion of green finance in Kosovo. Together we are building a financial ecosystem that is more sustainable, innovative, and oriented towards the long-term development of the country."
Statement of the Chief Executive Officer of ProCredit Kosovo "Through this cooperation, KCGF and ProCredit Bank aim to support the growth of financing for green investments and contribute to the development of a financial sector more oriented towards sustainable investments and the needs of businesses in Kosovo."