Providing loans and technical assistance in 17 developing countries across Africa and Latin America and the Caribbean to create self-sustaining markets in energy efficiency, renewable energy and climate resilience.
The private sector in these two regions still perceives sustainable energy and climate resilience as expensive and complex, as the environmental advantage of more resilient investments and practices is not well understood. Efforts to demonstrate the benefits of financing these areas are required to reach a critical mass and upscale the commercial viability of climate projects.
The main objectives of this programme are to scale up climate finance in the targeted countries, to redirect financial flows, and reinforce the capacity of local partners in climate-related sectors. It will do this by providing loans through local partner financial institutions to borrowers in sustainable energy, energy efficiency, housing, agriculture, forestry and water and waste management. It will also include a technical support component.
The programme has an estimated lifespan of 20 years.
Transforming Financial Systems for Climate
Geography
Approval FY
2018
Fund
Green Climate Fund
Fund Spend
$279,407,655.77
Co-Financing
$480,814,007.64
Summary
Documents
Document
Topics
Beta
Search results
Gender assessment
(Original Language)
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Gender action plan
(Original Language)
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Annual Performance Report
(Original Language)
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Annual Performance Report
(Original Language)
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Annual Performance Report
(Original Language)
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Annual Performance Report
(Original Language)
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Annual Performance Report
(Original Language)
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Annual Performance Report
(Original Language)
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About this project
Approval FY
2018
Geography
Fund
Green Climate Fund
Fund Spend
$279,407,655.77
Co-Financing
$480,814,007.64
Status
Under Implementation
Theme
Cross-cutting
Implementing Agency
Agence Française de Developpement
Sector
Private
Result Area
Buildings, cities, industries, and appliances, Energy generation and access, Forest and land use, Health, food, and water security, Infrastructure and built environment, Livelihoods of people and communities
Type
Project
Source
Topics
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Topics mentioned most in this project Beta
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Group
Topics
Target
Policy instrument
Risk
Impacted group
Just transition
Renewable energy
Fossil fuel
Greenhouse gas
Economic sector
Adaptation/resilience
Finance
Note
Project information is sourced from Green Climate Fund. Please check terms of use for citation and licensing of third party data.