Compañia Española de Financiación del Desarrollo


  • 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.

Accreditation timeline

Accreditation term 1

08 Jul 2020 - 07 Jul 2025

Accreditation date

20 Oct 2018

AMA execution date

23 Oct 2019

AMA effectiveness

08 Jul 2020

Term end date

07 Jul 2025

Entity details

  • 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



Multiple countries

Kuali Fund-GCF


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.


Mr. Jose Villena

Director of Partnerships for Development Division
Ms. Nuria Aller

Head of Unit of Partnerships for Development Division
Phone +34 91 745 4480