Compañia Española de Financiación del Desarrollo (COFIDES)

Type International
Date of accreditation 20 Oct 2018

The Compañia Española de Financiación del Desarrollo S.A. S.M.E. (COFIDES) is an organisation based in Spain that provides cost-effective financial support for viable medium- and long-term private direct investment projects globally. To promote economic and social development of emerging and developing countries, COFIDES uses both its own financial resources as well as those of the two state funds it manages. Both funds belong to the Ministry of Economy, Industry and Competitiveness and are channelled through the State Secretariat for Trade, which provides access to COFIDES to a global network of the Spanish Commercial and Economic Offices.

Size
- Micro
- Small
- Medium
- Large
Environmental and social risk category
- Category C
- Category B
- Category A
- Intermediation 3
- Intermediation 2
- Intermediation 1
Fiduciary standards
- Basic
- Project management
- Grant award
- On-lending/blending:
- Loan
- Equity
- Guarantee
- Blending

Documents

Title	Type	Date
Accreditation Master Agreement between GCF and COFIDES COFIDES	Accreditation Master Agreement	23 Oct 2019

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2019

News + Stories

Agreement with Spanish global investor strengthens GCF’s private sector pull

24 Oct 2019 / The Green Climate Fund has increased its ability to tap private sector profits to finance climate action by strengthening its ties with Spanish-based international investor COFIDES. Compañía Española de Financiación del Desarrollo (COFIDES) is a joint state and privately-owned company accredited by GCF in October last year to finance climate initiatives based on its experience of private sector investments across nearly 90 countries.

Contacts

Jose Carlos Villena

Primary

Head of Unit

JoseCarlos.Villena@cofides.es

Ms. Nuria Aller

Secondary

Head of Unit of Partnerships for Development

Phone +34 91 745 4480
Nuria.Rodriguez@cofides.es