FP190
Climate Investor Two
Climate Investor Two
The water cycle is one of the most important parts of the global climate crisis – when managed improperly untreated wastewater can be a source of carbon emissions; while coastal ecosystems can act as powerful ‘carbon sinks’. The imbalance between the water cycle and the climate is threatening many livelihoods, as growing economies and populations are reducing freshwater availability. The World Health Organization estimates that there are 750 million people with no access to clean water, and 2.5 billion people lacking access to proper sanitation. Inadequate water and sanitation infrastructure are estimated to be related to 80 per cent of all illnesses in the developing world. In total, the World Bank estimates that by 2050, water shortages caused by climate change could reduce the GDP of developing countries in Asia by USD 4.4 trillion and developing countries in Africa by USD 1.6 trillion.
Climate Investor Two (CI2) is a fund that aims to support the private sector to develop and construct climate-resilient infrastructure projects in developing countries in the water, sanitation, and ocean sectors – areas which usually do not attract interest from the private sector. The targeted investments under the fund will reduce the effects and consequences of climate change by decreasing greenhouse gas emissions and by increasing the resilience of vulnerable communities. For instance, in the water sector, CI2 will help countries, undergoing, or expected to undergo water stress, adapt to climate change by building infrastructure which sources, transports, and treats the water necessary for both municipal and industrial users. This is GCF’s first at-scale private sector programme in the water sector.
Project timeline
Pipeline
10 Dec 2020 - 588 days
Concept note received
10 Dec 2020
Funding proposal received
11 Mar 2022
Cleared by GCF Secretariat
18 Apr 2022
Legal opinion on AE's Internal Approval
23 Jun 2022
Cleared by iTAP
27 Jun 2022
Approved
20 Jul 2022 - 136 days
Approved by GCF Board
20 Jul 2022
FAA executed
20 Oct 2022
Under implementation
02 Dec 2022 - 511 days so far
FAA effective
02 Dec 2022
Disbursement - USD 33,264,236
06 Feb 2023
To be completed
02 Apr 2042 - 6,551 days to go
Three regions
- Asia-Pacific
- Africa
- Latin America and the Caribbean
Nineteen countries
- Bangladesh
- Botswana
- Brazil
- Colombia
- Côte d'Ivoire
- Djibouti
- Ecuador
- India
- Indonesia
- Kenya
- Madagascar
- Maldives
- Morocco
- Namibia
- Nigeria
- Philippines (the)
- Sierra Leone
- South Africa
- Uganda
Three priority groups
- Least Developed Countries
- Small Island Developing States
- African States
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing23% disbursed
| Instrument | Amount |
|---|---|
| Grant | USD 145,000,000 |
| Total GCF Financing |
|---|
| USD 145,000,000 |
Co-financing
| Co-financer | Instrument | Amount |
|---|---|---|
| Co-Financing | Grant | USD 15,000,000 |
| Co-Financing | Grant | USD 43,000,000 |
| Co-Financing | Grant | USD 9,000,000 |
| Co-Financing | Grant | USD 28,000,000 |
| Co-Financing | Equity | USD 40,000,000 |
| Co-Financing | Equity | USD 28,000,000 |
| Co-Financing | Equity | USD 5,000,000 |
| Co-Financing | Equity | USD 20,000,000 |
| Co-Financing | Equity | USD 199,000,000 |
| Co-Financing | Equity | USD 64,000,000 |
| Co-Financing | Equity | USD 16,000,000 |
| Co-Financing | Equity | USD 240,000,000 |
| Co-Financing | Equity | USD 28,000,000 |
| Total Co-Financing |
|---|
| USD 735,000,000 |
GCF Contacts
General media inquiries
GCF CommunicationsSend e-mail
Request for information
GCF Information DisclosureRequest information about this project
Project complaints and grievances
GCF Independent Redress Mechanism (IRM)Phone +82 32 458 6186 (KST)
File a complaint
Integrity issues
GCF Independent Integrity Unity (IIU)Phone +82 32 458 6714 (KST)
Send e-mail
Accredited Entity
Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden
Portfolio Manager, Public Investment Management
Associate – Public Investment Management and Blending
More contacts
National Designated Authority
Economic Relations Division (ERD), Ministry of Finance
Secretary
Block No. 8, Room No. 3 & 4, Shere-e-Bangla Nagar, Dhaka, Bangladesh
Ministry of Finance and Economic Development
Director, Development Programmes
Principal Economist
Government Enclave, State Drive,, Gaborone, Botswana
Deputy Director, Development Programmes
Government Enclave, State Drive, P/Bag 008, Goborone, Botswana
Secretariat for International Affairs, Ministry of Finance
Secretary for International Affairs
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
Deputy Secretary for Sustainable Development Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
General Coordinator for Sustainable Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
National Planning Department
Director of Environment and Sustainable Development
Calle 26 No. 13-19, Bogotá, D.C, Colombia
NDA Technical Advisor
Calle 26 # 13 - 19, Bogotá, D.C., Colombia
Minister's Office, Ministry of Environment and Sustainable Development
Public Policy, Climate Change and Ecological Transition Expert / Technical Advisor to the Minister in charge of International Cooperation and Resource Mobilization
Cite Administrative, Plateau, Tour D, 10eme etage - 20 BP 650 Abidjan 20, Abidjan, Cote d'Ivoire
Deputy Director of Climate Change
Cite Administrative, Plateau, Tour D, 10eme etage - 20 BP 650 Abidjan 20, Cote d'Ivoire
Ministry of Housing, Urban Development and Environment
Secretary General
P.O.Box:11, Djibouti, Djibouti
Minister of Urbanism, Environment and Tourism
Zone Industrielle Sud , Commune de bouloa, Djibouti, Djibouti
Ministry of Environment, Water and Ecological Transition
Undersecretary of Climate Change
Av. Madrid 1159 y Andalucía, Quito, Ecuador
Ministry of Environment, Forests and Climate Change
Economic Advisor
Indira Paryavaran Bhavan, Jor Bagh Road, New Delhi-110003, New Delhi, India
Fiscal Policy Agency, Ministry of Finance
Chairman of Fiscal Policy Agency, Ministry of Finance
R.M. Notohamiprodjo Building 2nd Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
Director of Center for Climate Finance and Multilateral Policy/Head of the NDA Secretariat
R.M. Notohamiprodjo Building 5th Floor, Jalan Dr. Wahidin Raya No. 1, Jakarta, Indonesia
The National Treasury
Principal Secretary
Treasury Building 12th Floor, Harambee Avenue, Nairobi, Kenya
Programme Manager, National Coordination (FLLoCA)
Senior Policy Advisor, Climate Finance
Ministry of the Environment and Sustainable Development
Director of the National Office for Climate Change Coordination
B.P 3948, Rue Toto Radola - Antsahavola, Antananarivo, Madagascar
Ministry of Climate Change, Environment and Energy
Assistant Director, Climate Change Department
Ministry of Energy Transition and Sustainable Development- Department of Sustainable Development
Director of Climate Change, Biodiversity, and Green Economy
Ministry of Environment and Tourism
Deputy Director, Multilateral Environmental Agreements, Department of Environmental Affairs
Ministry of Environment and Tourism, Private Bag 13306, Windhoek, Namibia, Windhoek, Namibia
National Council on Climate Change
Director General
Headquarters Mabushi, Abuja, Nigeria
Department of Finance
Undersecretary, International Finance Group
Environment Protection Agency
Executive Chairman
92 Dundas Street, Freetown, Sierra Leone
Chief Director
92 Dundas Street, Freetown, Sierra Leone
Department of Forestry, Fisheries, and the Environment
Senior Policy Advisor: International Governance Management
Ministry of Finance, Planning and Economic Development
Permanent Secretary / Secretary to the Treasury
Principal Economist / Climate Finance Desk Officer, Development Assistance and Regional Cooperation
Phone +256 414 707 161
andrew.masaba@finance.go.ug
Juvenal.Muhumuza@finance.go.ug
Isaac.Katabalwa@finance.go.ug
Documents
| Title | Type | Date |
|---|---|---|
| Environmental and social safeguards (ESS) report for FP190: Climate Investor Two (CI2) - Xylo Jinja Combined Heat and Power Plant | Environmental and Social Safeguards report / Sub-project ESS report | 20 Feb 2024 |
| Environmental and social safeguards (ESS) report for FP190: Climate Investor Two - Bio2Watt Cape Dairy Plant | Environmental and Social Safeguards report / Sub-project ESS report | 01 Aug 2023 |
| Environmental and social safeguards (ESS) report for FP190: Climate Investor Two - Bio2Watt Bronkhorstspruit Biogas Plant | Environmental and Social Safeguards report / Sub-project ESS report | 24 Feb 2023 |
| Gender assessment for FP190: Climate Investor Two | Gender assessment | 13 Sep 2022 |
| Gender action plan for FP190: Climate Investor Two | Gender action plan | 07 Sep 2022 |
| Climate Investor Two | Approved funding proposal | 09 Aug 2022 |
| Environmental and social safeguards (ESS) report for FP190: Climate Investor Two (CI2) | Environmental and Social Safeguards report | 25 Feb 2022 |
News + Stories
GCF and partners sign project agreements for four transformative climate projects
28 Oct 2022 / Four key agreements for climate projects (Funding Activity Agreement; FAA) were signed by the Green Climate Fund (GCF) and its partners on the margins of GCF’s 34th Board meeting (17-20 October 2022). They include climate resilience projects in the Maldives, Barbados, and Guinea-Bissau and GCF’s first at-scale private sector programme in the water sector.