Geeref Next
- Mitigation
- Lapsed
Overview
Catalysing private sector investment for renewable energy and energy efficiency projects across the developing world.
GEEREF NeXt is structured as a fund of funds, with the aim of being a first investor (anchor investor) in renewable energy/ energy efficiency (RE / EE) investment funds, and encouraging other investors to co-invest. Catalyzed by the GCF funding, GEEREF NeXt offers risk-averse private investors a broad diversification of capital across different projects and technologies in developing countries.
GEEREF NeXt will operate either indirectly via specialised funds, or directly via investments into the beneficiary projects themselves. GEEREF NeXt is expected to finance more than 200 RE/EE projects through the course of its fifteen year lifespan. GEEREF NeXt will provide the long-term and patient capital which is essential to bring RE/EE projects from early development to full operations. It will build on the success of its predecessor fund, the Global Energy Efficiency and Renewable Energy Fund (GEEREF). GEEREF NeXt will build capacity and track records of local fund managers in developing countries, which will help turn RE/EE investment into a mainstream asset class for institutional investors.
The project has an estimated lifespan of 15 years.
Result areas
Countries
- Bahamas
- Barbados
- Belize
- Brazil
- Chile
- Comoros (the)
- Costa Rica
- Cote d'Ivoire
- Democratic Republic of the Congo (the)
- Dominica
- Dominican Republic (the)
- Equatorial Guinea
- Georgia
- Grenada
- Guatemala
- Guyana
- Haiti
- Jordan
- Kenya
- Madagascar
- Mauritius
- Mexico
- Morocco
- Panama
- Papua New Guinea
- Philippines (the)
- Saint Kitts and Nevis
- Saint Lucia
- Saint Vincent and the Grenadines
- Samoa
- South Africa
- Suriname
- Togo
- Uganda
- Uruguay
Regions
Priority groups
Project timeline
-
Pipeline
354 days
-
Funding proposal received
-
Cleared by iTAP
-
-
Approved
1,165 days
-
Approved by GCF Board
-
-
Lapsed
Other Data
- Size
- Large
- Project number
- FP038
- Risk category
- Intermediation 2
- Subtype
- Private sector
- Theme
- Mitigation
- Group
- African States, Least Developed Countries, Small Island Developing States
- Status
- Lapsed
- Duration
- 5
-
Total project value $ 765 million
-
Tonnes of CO2 equivalent avoided 769 million
Financing
GCF-financing
0.0%
USD
Co-financing
0.0%
USD
USD 765
million
Show details
GCF-financing
- Equity USD 250,000,000
- Grant USD 15,000,000
- Total GCF-financing USD 265,000,000
Co-financing
- Equity USD 470,000,000
- Equity USD 30,000,000
- Total co-financing USD 500,000,000
Documents
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Gender assessment for FP038: Geeref Next
- Gender assessment
- 06 Jun 2017
- EIB
- FP038
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Gender action plan for FP038: Geeref Next
- Gender action plan
- 06 Jun 2017
- EIB
- FP038
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GEEREF NeXt
- Approved funding proposal
- 24 Apr 2017
- EIB
- FP038
-
Environmental and social safeguards (ESS) report for FP038: Geeref Next
- Environmental and Social Safeguards report
- 16 Mar 2017
- EIB
- FP038
Project contacts
Find the appropriate contacts for this project, including partner organizations and responsible entities.
See contact details
Project contacts
Entity info
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Ms. Marika Levena
Primary
Green Climate Fund Operations Officer (for pipeline issues)
GCF team
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Press enquiries and interviews
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GCF Communications
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Request for information
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GCF Information Disclosure
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Project complaints and grievances
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GCF Independent Redress Mechanism (IRM)
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Integrity issues
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GCF Independent Integrity Unity (IIU)
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National Designated Authority
Office of the Prime Minister (Bahamas)
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Mrs. Rochelle Newbold
Primary
Special Advisor for Climate Change & Environmental Matters
Sir Cecil Wallace Whitfield Center, Nassau, Bahamas
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Ms. Christine Thompson
Secondary
Deputy Director Economics, Ministry of Finance
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Mr. N. Charles Hamilton
Secondary
Climate Advisor Office of The Prime Minister
Ministry of Economic Affairs and Development (Barbados)
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The Hon. Marsha Caddle, M.P.
Primary
Minister, Prime Minister's Office
3rd Floor East, Warrens Office Complex Warrens, St. Michael, Barbados
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Mrs. Jennifer Hunte
Secondary
Permanent Secretary (Ag.)
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Mr. Ricardo Marshall
Operational Focal Point
Director, Roofs to Reefs Programme (R2RP), Prime Minister’s Office
Government Headquarters Bay Street St. Michael, Barbados
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Ms. Richelle Gaskin
Operational Focal Point
Economist I, Economic Affairs and Investment Division, Ministry of Finance, Economic Affairs and Investment
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Mr. Ronnie Griffith
Operational Focal Point
Chief Economist, Economic Affairs and Investment Division, Ministry of Finance, Economic Affairs and Investment
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Ms. Sharifa Roach-Vaughan
Operational Focal Point
Secretary to the Minister, Economic Affairs and Investment Division, Ministry of Finance, Economic Affairs and Investment
Ministry of Economic Transformation (Belize)
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Mr. Carlos Pol
Primary
Chief Executive Officer
Sir Edney Cain Building, First Floor, Right Wing, Belmopan, Belize
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Mr. Leroy Martinez
Secondary
Ag. Director, Climate Finance Unit
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Ms. Anisa Nah
Operational Focal Point
Proposal Development Officer
Ministry of Finance, Investment, Economic Transformation, Civil Aviation & E-Governance
Secretariat for International Affairs, Ministry of Finance (Brazil)
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Dr. Mathias Jourdain de Alencastro
Primary
Secretary for International Affairs
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
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Mr. Ivan Tiago Machado Oliveira
Secondary
Deputy Secretary for Sustainable Development Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
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Ms. Livia Farias Ferreira de Oliveira
Operational Focal Point
General Coordinator for Sustainable Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
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Ms. Luana Magalhães Duarte de Araújo
Operational Focal Point
Ministry of Finance (Chile)
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Ms. Heidi Berner
Primary
Undersecretary of Finance
Teatinos 120, Santiago, Chile
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Mr. Lucas Apparcel
Secondary
Advisor, Financial and International Affairs
Teatinos 120, Santiago, Chile
Ministry of Environment in charge of Tourism (Comoros (the))
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Mr. Youssouf Elamine Youssouf Mbechezi
Primary
Director General in charge of the Environment and Forests
Ministry of Environment and Energy (Costa Rica)
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Ms. Adriana Bonilla
Primary
Director of Climate Change
Calle 25. Av. 8-10, San Jose, Costa Rica
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Ms. Patricia Campos Mesén
Secondary
International Cooperation Officer
Calle 25. Av. 8-10, San José, Costa Rica
Minister's Office, Ministry of Environment and Sustainable Development (Cote d'Ivoire)
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Dr Eric-Michel ASSAMOI
Primary
Director, Directorate of International Cooperation and Mobilisation of Funding
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Mr Ghislain Table Kiah GUIRO
Secondary
Deputy Director, Directorate of International Cooperation and Mobilisation of Funding
National Coordination of the Green Climate Fund (Democratic Republic of the Congo (the))
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Prof. Isaac KALONDA KANYAMA
Primary
National Coordinator and GCF Focal Point for the Democratric Republic of the Congo
Ministry of Finance, Economic Development, Climate Resilience and Social Security (Dominica)
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Ms. Denise Edwards
Primary
Financial Secretary
5th Floor, Financial Centre Kennedy Avenue Roseau Commonwealth of Dominica
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Dr. Gerard Jean-Jacques (PhD, Political Science)
Secondary
Chief Development Planner (Ag.)
5th Floor, Financial Centre Kennedy Avenue Roseau Commonwealth of Dominica
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Mr. Michael Savarin
Operational Focal Point
National Programme Coordinator for GCF Programme Activities
5th Floor, Financial Centre Kennedy Avenue Roseau Commonwealth of Dominica
Ministry of Environment and Natural Resources (Dominican Republic (the))
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Ms. Ana Emilia Pimentel
Primary
Viceminister of Climate Change and Sustainability
Ave. Cayetano Germosén esq. Ave. Gregorio Luperón. Ensanche El Pedregal, Santo Domingo, Dominican Republic (the)
Ministry of Agriculture, Livestock, Forestry, Fishery and Environment (Equatorial Guinea)
Ministry of Environmental Protection and Agriculture (Georgia)
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Ms. Nino Tandilashvili
Primary
Deputy Minister
6, Marshal Gelovani Avenue, Tbilisi, Georgia
Ministry of Climate Resilience, the Environment and Renewable Energy (Grenada)
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Ms. Peron Johnson
Primary
Permanent Secretary Ministry of Climate Resilience, the Environment and Renewable Energy
4th Floor, Ministerial Complex, Sir Eric M. Gairy Botanical Gardens St. George's, Grenada W.I., St. George's, Grenada
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Mr. Titus Antoine
Secondary
Director of Climate Resilience Ministry of Climate Resilience, the Environment and Renewable Energy
4th Floor, Ministerial Complex, Sir Eric M. Gairy Botanical Gardens St. George's, Grenada W.I., St. George's, Grenada
Ministry of Environment and Natural Resources (Guatemala)
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Her Excellency Ana Patricia Orantes Thomas
Primary
Minister of Environment and Natural Resources of Guatemala
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
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Ms. Andrea Domenika Fernandez Rodriguez
Operational Focal Point
Head of International Cooperation
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
Office of the Vice President (Guyana)
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Honourable Dr. Bharrat Jagdeo
Primary
Vice President, Co-operative Republic of Guyana
Shiv Chanderpaul Drive, Bourda,, Georgetown, Guyana
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Mr. Andrew Bishop
Secondary
Lead Climate Change Negotiator, Office of the President, Department of Environment and Climate Change
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Ms. Pradeepa Bholanauth
Secondary
Senior Director for Climate and REDD+, Ministry of Natural Resources
Ministry of Environment (Haiti)
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Mr. Reginald Surin
Primary
Member of Cabinet
Ministry of Environment (MdE) Metropolitan Industrial Park (SONAPI) Airport Road, Boulevard Toussaint Louverture, Port au Prince, Haiti
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Mr. Astrel Joseph
Secondary
Director General, Ministry of Environment
Parc Industriel Metropolitain (SONAPI), Route de l' Aeroport, Boulevard Toussaint Louverture, Port-au-Prince, Haiti
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Ms. Gerty Pierre
Secondary
Director for Climate Change, Ministry of Environment
Parc Industriel Metropolitain (SONAPI), Route de l' Aeroport, Boulevard Toussaint Louverture, Port-au-Prince, Haiti
Ministry of Environment (Jordan)
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Mr. Belal Shqarin
Primary
Director, Climate Change Directorate
King Faisal Bin Abd Aziz Street, 83 Um Uthaina, Amman, Jordan
The National Treasury (Kenya)
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Dr Chris Kiptoo
Primary
Principal Secretary
Treasury Building 12th Floor, Harambee Avenue, Nairobi, Kenya
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Mr. Malik Aman
Secondary
Programme Manager, National Coordination (FLLoCA)
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Mr. Peter Odhengo
Secondary
Senior Policy Advisor, Climate Finance
Ministry of the Environment and Sustainable Development (Madagascar)
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Mr. Todisoa Manankasina
Primary
Head of Carbon Fund and External Financing Department
BP: 3948, Rue Toto RADOLA - Antsahavola, Antananarivo, Madagascar
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Mr. Heriniaina Raveloharison
Secondary
Head of External Financing Division
BP:3948, Rue Toto RADOLA - Antsahavola, Antananarivo, Madagascar
Ministry of Finance and Economic Development (Mauritius)
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Mr. Anandsing Acharuz
Primary
Financial Secretary, Ministry of Finance
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Mrs. Usha Beegun-Ramduny
Secondary
Lead Analyst, Resource Mobilisation Cluster
Ministry of Finance and Public Credit, Unit of Public Credit and International Affairs (Mexico)
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Ms. Regina Rosales Talamas
Primary
General Director in the Ministry of Finance and Public Credit
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
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Ms. H. Gabriela Niño Gómez
Secondary
Director of Sustainable Financing
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
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Ms. A. Astrid Morales Rivera
Tertiary
Deputy Director in the Ministry of Finance and Public Credit
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Ministry of Energy Transition and Sustainable Development- Department of Sustainable Development (Morocco)
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Mr. Razi Bouzekri
Primary
Director of Climate and Biodiversity
Ministry of Environment (Panama)
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Mr. Juan Carlos Monterrey
Primary
Climate Change Director
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
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Ms. Debbra Stephany Cisneros Cañarte
Secondary
Chief of Staff for International Affairs - Climate Change
Diego Dominguez Street, Bulding 804 Albrook, Ancón, Panama City, Panama
Climate Change and Development Authority (Papua New Guinea)
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Mr. Ruel Yamuna
Primary
Special Envoy for Climate and Environment
Dynasty Tower, Stratos Avenue, Waigani, National Capital District, Port Moresby, Papua New Guinea
Department of Finance (Philippines (the))
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Mr. Joven Balbosa
Primary
Undersecretary, International Finance Group
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Ms. Anna Mercaldi
Operational Focal Point
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Ms. Christine Suplico
Operational Focal Point
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Ms. Nina Soliman
Operational Focal Point
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Ms. Riely Rojo
Operational Focal Point
Department of Economic Affairs and Public Sector Investment Planning Ministry of Sustainable Development (Saint Kitts and Nevis)
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Mr. Auren Manners
Primary
Director Department of Economic Affairs & PSIP Ministry of Sustainable Development
Bladen Commercial Development Wellington Road, Basseterre, Saint Kitts and Nevis
Ministry of Finance, Economic Development and the Youth Economy (Saint Lucia)
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Mrs. Nadia Wells-Hyacinth
Primary
Chief Economist, Department of Economic Development
2nd Level, Finance Administrative Centre, Pointe Seraphine, Castries, Saint Lucia
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Mr. Paul Hilaire
Primary
Permanent Secretary, Department of Economic Development
1st Level, Finance Administrative Centre, Pointe Seraphine, Castries, Saint Lucia
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Ms. Donette Charlery
Secondary
Economist, Department of Economic Development
2nd Level, Finance Administrative Centre, Pointe Seraphine, Castries, Saint Lucia
Ministry of Finance, Legal Affairs and Justice, Economic Planning, and Private Sector Development (Saint Vincent and the Grenadines)
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Mr. Recardo Frederick
Primary
Director of Planning (Ag.)
Administrative Centre, Kingstown, Saint Vincent and the Grenadines
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Ms. Giselle Myers
Secondary
Senior Economist
Administrative Centre, Kingstown, Saint Vincent and the Grenadines
Ministry of Finance (Samoa)
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Ms. Saoleitiiti Betham-Vaai
Primary
Chief Executive Officer
1 Apia City Boulevard, Central Bank Building, Apia, Samoa
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Mr. Tofilau Siliva
Secondary
Deputy Chief Executive Officer, Policy Department
1 Apia City Boulevard, Central Bank Building, Apia, Samoa
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Ms. Peresitene Kirifi
Operational Focal Point
ACEO, Aid Coordination and Debt Management Division
Department of Forestry, Fisheries, and the Environment (South Africa)
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Mr. Stuart Mangold
Operational Focal Point
Chief Policy Advisor, International Governance and Resource Mobilization
Ministry of Oil, Gas and Environment (Suriname)
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His Excellency Mr. Patrick Brunings
Primary
Minister
Prins Hendrikstraat #22, Paramaribo, Suriname
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Mr. Ritesh Sardjoe
Secondary
Permanent Secretary for Environment
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Ms. Vanuessa Gefferie
Secondary
Permanent Secretary for General and Financial Affairs
Directorate of Environment, Ministry of Environment (Togo)
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Mr. Komi Sossou SOSSOU
Primary
Expert en changement climatique et développement durable
240 rue des Nîmes Lomé - Togo, Lomé, Togo
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Ms Kossiwa Ogoua ABAMY
Secondary
Juriste au sein de la cellule nationale de veille climatique Ministry of Environment, Forest Resources, Coastal Protection and Climate Change
Ministry of Finance, Planning and Economic Development (Uganda)
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Mr. Ramathan Ggoobi
Primary
Permanent Secretary / Secretary to the Treasury
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Mr. Denis Mugagga
Secondary
Head, Climate Finance Unit
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Mr. Juvenal Muhumuza
Secondary
Ag. Commissioner, Development Assistance and Regional Cooperation Department
Ministry of Environment (Uruguay)
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Ms. María Fernanda Souza
Primary
National Director of Climate Change
Juncal 1385 piso 4, Montevideo, Uruguay