Overview
Emissions from industry account for about 30 percent of total global greenhouse gas (GHG) emissions. They arise mainly from the extraction of primary materials and materials processing for manufacturing and construction, including for chemicals and fertilizers, pulp and paper, non-ferrous metals, food processing, and textiles.
This programme is GCF's first at-scale investment to promote the uptake of low-carbon technologies in the industrial sector. It has been designed to facilitate a transformational shift within energy-intensive industries, agribusinesses, and the mining sector in Armenia, Jordan, Kazakhstan, Morocco, Serbia, Tunisia, and Uzbekistan. It seeks to forge a low-carbon pathway by promoting the uptake of high climate impact technologies and stimulating behavioural change at the corporate governance and management level. This includes integrating climate change considerations into strategic, financial, and technological decision making.
Result areas
Countries
Regions
Priority groups
Project timeline
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Pipeline
1,254 days
-
Concept note received
-
Funding proposal received
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Cleared by GCF Secretariat
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Cleared by iTAP
-
-
Approved
372 days
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Approved by GCF Board
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Legal opinion on AE's Internal Approval
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FAA executed
-
-
Under implementation
1,754 days so far
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FAA effective
-
-
To be completed
1,169 days to go
Not started
Other Data
- Size
- Large
- Project number
- FP140
- Risk category
- Category B
- Subtype
- Private sector
- Theme
- Mitigation
- Group
- African States
- Status
- Under implementation
- Duration
- 6
-
Total project value $ 1.0 billion
-
Tonnes of CO2 equivalent avoided 17.2 million
Financing
GCF-financing
0.0%
USD
Co-financing
0.0%
USD
USD 1.0
billion
Show details
GCF-financing
4% disbursed
- Loan USD 75,750,000
- Grant USD 5,530,000
- Loan USD 176,750,000
- Total GCF-financing USD 258,030,000
Co-financing
- Loan USD 530,250,000
- Grant USD 1,360,000
- Loan USD 227,250,000
- Total co-financing USD 758,860,000
News and stories
Documents
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2024 Annual Performance Report for FP140: High Impact Programme for the Corporate Sector
- Annual Performance Report
- 01 Mar 2025
- EBRD
- FP140
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Gender assessment for FP140: High Impact Programme for the Corporate Sector
- Gender assessment
- 07 Oct 2020
- EBRD
- FP140
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Gender action plan for FP140: High Impact Programme for the Corporate Sector
- Gender action plan
- 07 Oct 2020
- EBRD
- FP140
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High Impact Programme for the Corporate Sector
- Approved funding proposal
- 17 Sep 2020
- EBRD
- FP140
-
Environmental and social safeguards (ESS) report for FP140: High Impact Programme for the Corporate Sector
- Environmental and Social Safeguards report
- 29 Jul 2020
- EBRD
- FP140
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. Elodie Loppé
Secondary
Principal Manager, Donor Partnerships, Vice-Presidency Impact & Partnerships
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
Ministry of Environment (Armenia)
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Mr. Hambardzum MATEVOSYAN
Primary
Minister
3 Government Bld, Republic Square, Yerevan, Armenia
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Ms. Ruzanna Grigoryan
Secondary
Head of International Cooperation Department
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
Ministry of Ecology and Natural Resources of the Republic of Kazakhstan (Kazakhstan)
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Mr. Mansur Oshurbayev
Primary
Vice-Minister
Mangilik el ave, 8, House of Ministries, 14 entrance, office 433, Astana, Kazakhstan
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Mrs. Saule Sabieva
Secondary
Director of Climate Policy Department
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Mrs. Aizhan Mamedaliyeva
Operational Focal Point
Chief expert of Adaptation to Climate Change Unit, Climate Policy Department
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Mrs. Shattyk Tastemirova
Operational Focal Point
Head of Adaptation to Climate Change Unit, Climate Policy Department
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 Environmental Protection (Serbia)
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Milos Stojanovic
Secondary
Special Advisor to the Minister
22-26, Nemanjina Street, Belgrade, Belgrade, Serbia
Ministry of Environment (Tunisia)
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Mr. Chokri Mezghani
Primary
Director General
Immeuble CAPRA, Centre Urbain Nord, Avenue Mohamed Béji Caïd Essebsi, Tunis, Tunisia
Ministry of Ecology, Environment Protection and Climate Change (Uzbekistan)
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Mr. Aziz Abdukhakimov
Primary
Minister
Chilanzar district, Bunyodkor ave., 7-A, Tashkent, Uzbekistan
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Mr. Farrukh Sattarov
Secondary
Director, National Climate Center
Chilanzar district, Bunyadkor ave., 7-A, Tashkent, Uzbekistan
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Mr. Timur Sabitov
Operational Focal Point
Head of Project Management Department, National Climate Center
Chilanzar district, Bunyadkor ave., 7-A, Tashkent, Uzbekistan