The European Energy Efficiency Fund is a public-private partnership dedicated to provide funding for energy efficiency measures and renewable energy sources for member states of the European Union. The UK Green Investment Bank was created in 2012 to generate private funds for the financing of private sector in vestments in energy efficiency and environmental preservation more generally. A joint International Finance Corporation (IFC) and GEF initiative, CEEF provide guarantees of up to 50% of the loss from loan defaults to energy efficiency investments in Eastern Europe. (