The Marguerite Fund (2020 European Fund for Energy, Climate Change and Infrastructure) is a pan-European equity fund that acts as a catalyst for key investments in renewables, energy and transport. It is the first fund of its kind launched by Europe's leading public financial institutions following an initiative endorsed during the second half of 2008 by The Economic and Financial Affairs Council (ECOFIN) and The European Council as part of the European Economic Recovery Plan (EERP). It combines a market-based principle of return to investors with the pursuit of public policy objectives. Launched in 2010, with the backing of six major European financial institutions (namely the EIB, Caisse des Dépôts et Consignations, Cassa Depositi e Prestiti, Instituto de Crédito Oficial, Kreditanstalt für Wiederaufbau, PKO Bank Polski), it makes capital-intensive infrastructure investments. Together with the European Commission and other institutional investors the fund has commitments of EUR 710m.
