FP038

Geeref Next

Geeref Next

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.

Total project value

 

Tonnes of emissions avoided

 

Theme

Mitigation

Result areas

Project timeline

Pipeline

18 Apr 2016 - 354 days

Funding proposal received

18 Apr 2016

Cleared by iTAP

03 Apr 2017

Approved

06 Apr 2017 - 1,165 days

Approved by GCF Board

06 Apr 2017

Lapsed

13 Jun 2020

USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing

InstrumentAmount
EquityUSD 250,000,000
GrantUSD 15,000,000
Total GCF Financing
USD 265,000,000

Co-financing

Co-financerInstrumentAmount
Co-FinancingEquityUSD 470,000,000
Co-FinancingEquityUSD 30,000,000
Total Co-Financing
USD 500,000,000

GCF Contacts

General media inquiries

GCF Communications
Send e-mail

Request for information

GCF Information Disclosure
Request 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

European Investment Bank
Ms. Marika Levena
Primary

Green Climate Fund Operations Officer (for pipeline issues)
Phone +352-4379-83341
m.levena@eib.org
More contacts

National Designated Authority

Bahamas
Office of the Prime Minister
Mrs. Rochelle Newbold Primary
Special Advisor for Climate Change & Environmental Matters
Sir Cecil Wallace Whitfield Center, Nassau, Bahamas
Phone 1(242)702-5500
ROCHELLENEWBOLD@BAHAMAS.GOV.BS
Dr. Rhianna Neely Secondary
Director, Department of Environmental Planning and Protection Ministry of Environment and Natural Resources
Phone 1(242)322-4546
Rhiannaneely@bahamas.gov.bs
Ms. Christine Thompson Secondary
Deputy Director Economics, Ministry of Finance
Phone 1(242)702-1586
ChristineMThompson@bahamas.gov.bs
Barbados
Economic Affairs and Investment Division Ministry of Finance, Economic Affairs and Investment
Senator the Honourable Chad Blackman Primary
Minister in the Ministry of Finance, Economic Affairs and Investment (Economic Affairs and Investment Division)
3rd Floor East, Warrens Office Complex Warrens, St Michael, Barbados
Phone 1 246 535-1302/1 246 535-1317
chad.blackman@barbados.gov.bb
Mrs. Betty Alleyne-Headley Secondary
Permanent Secretary, Economic Affairs and Investment Division, Ministry of Finance, Economic Affairs and Investment
3rd Floor East, Warrens Office Complex, Warrens St. Michael, St. Michael, Barbados
Phone 535-1304/535-1326
Betty.Alleyne-Headley@barbados.gov.bb
Mr. Ricardo Marshall Operational focal point
Director, Roofs to Reefs Programme (R2RP), Prime Minister’s Office
Government Headquarters Bay Street St. Michael, Barbados
Mr. Ronnie Griffith Operational focal point
Chief Economist, Economic Affairs and Investment Division, Ministry of Finance, Economic Affairs and Investment
Ms. Richelle Gaskin Operational focal point
Economist I, Economic Affairs and Investment Division, Ministry of Finance, Economic Affairs and Investment
Ms. Sharifa Roach-Vaughan Operational focal point
Secretary to the Minister, Economic Affairs and Investment Division, Ministry of Finance, Economic Affairs and Investment
Belize
Ministry of Finance, Economic Development & Investment
Dr. Osmond Martinez Primary
Chief Executive Officer
Sir Edney Cain Building, First Floor, Right Wing, Belmopan, Belize
Phone +501 825-2526 or 2527
ceo@med.gov.bz
ana.mahmud@med.gov.bz
Mr. Leroy Josiah Martinez Secondary
Economist/Green Climate Fund Focal Point, Policy and Planning Unit
Phone +501 822-2526/2527
leroy.martinez@med.gov.bz
Brazil
Secretariat for International Affairs, Ministry of Finance
Ms. Tatiana Rosito Primary
Secretary for International Affairs
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
Phone +55 (61) 3412-2202
and.gcf@economia.gov.br
Mr. Ivan Tiago Machado Oliveira Secondary
Deputy Secretary for Sustainable Development Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
Phone +556131422202
and.gcf@economia.gov.br
Ms. Livia Farias Ferreira de Oliveira Operational focal point
General Coordinator for Sustainable Finance
Esplanada dos Ministérios, Bloco P, 6° andar, Brasilia, Brazil
Phone +55 (61) 33412-1702
livia.oliveira@fazenda.gov.br
Chile
Ministry of Finance
Ms. Heidi Berner Primary
Undersecretary of Finance
Teatinos 120, Santiago, Chile
Phone +56 28282007
hberner@hacienda.gov.cl
Mr. Jaime Tramon Secondary
Senior Advisor, Financial and International Affairs
Teatinos 120, Santiago, Chile
Phone +56 2 28282216
jtramon@hacienda.gov.cl
Comoros (the)
Ministry of Agriculture, Fisheries, and Environment
Mr. Youssouf Hamadi Primary
Head, Department and National Directorate of Agricultural and Strategies of Livestock & National Expert on Climate Change
P.O. Box 41, Moroni, Comoros (the)
Phone +269 333 0790
yous.hamadi@gmail.com
Costa Rica
Ministry of Environment and Energy
Mr. Carlos Isaac Pérez Mejía Primary
Vice-minister of Strategic Affairs
Calle 25. Av. 8-10, San Jose, Costa Rica
Ms. Enid Chaverri Tapia Primary
International Cooperation Director
Calle 25. Av. 8-10, San Jose, Costa Rica
Phone (506) 8307-8679
echaverri@minae.go.cr
Ms. Patricia Campos Mesén Secondary
International Cooperation Officer
Calle 25. Av. 8-10, San José, Costa Rica
Phone (506) 8346-1513
pcampos@minae.go.cr
Côte d'Ivoire
Minister's Office, Ministry of Environment and Sustainable Development
Mr. Marcel YAO Primary
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
Phone (225) 0707791504 / 2720239900
ensamarcel@yahoo.fr
yaomarcelclimat@gmail.com
Mr. Kouadio Philippe Secondary
Deputy Director of Climate Change
Cite Administrative, Plateau, Tour D, 10eme etage - 20 BP 650 Abidjan 20, Cote d'Ivoire
Democratic Republic of the Congo (the)
National Coordination of the Green Climate Fund
Prof. Isaac KALONDA KANYAMA Primary
National Coordinator and GCF Focal Point for the Democratric Republic of the Congo
Ms. Francine KATANGA MUTANDA Secondary
Deputy GCF Coordinator
Dominica
Ministry of Finance, Economic Development, Climate Resilience and Social Security
Ms. Denise Edwards Primary
Financial Secretary
5th Floor, Financial Centre Kennedy Avenue Roseau Commonwealth of Dominica
Dr. Gerard Jean-Jacques (PhD, Political Science) Secondary
Chief Development Planner (Ag.)
5th Floor, Financial Centre Kennedy Avenue Roseau Commonwealth of Dominica
Phone (767) 266-3301
chiefdevplanner@dominica.gov.dm
Mr. Michael Savarin Operational focal point
National Programme Coordinator for GCF Programme Activities
5th Floor, Financial Centre Kennedy Avenue Roseau Commonwealth of Dominica
Phone (767) 266-4287
savarinm@dominica.gov.dm
Dominican Republic (the)
Ministry of Environment and Natural Resources
Ms. Milagros De Camps German Primary
Deputy Minister of International Cooperation
Avenida Cayetano Germosén esq. Avenida Gregorio Luperón, Ensanche El Pedregal, Santo Domingo, Distrito Nacional, Dominican Republic (the)
Equatorial Guinea
Ministry of Fisheries and Environment
Mr. Gabriel Ayecaba Primary
Director-General, Department of Environment
Phone +241 222 273 970
Phone +240 222270560
gnguaayecaba@gmail.com
Dr. Diosdado Mbomio Secondary
Advisor
Phone +240 222 213 642
Phone +240 666 505 071
dioobiang@gmail.com
Georgia
Ministry of Environmental Protection and Agriculture
Ms. Nino Tandilashvili Primary
Deputy Minister
6, Marshal Gelovani Avenue, Tbilisi, Georgia
Phone +995-322-237-80-30
nino.tandilashvili@mepa.gov.ge
Ms. Maia Tskhvaradze Secondary
Head, Climate Change Division
6, Marshal Gelovani Avenue, Tbilisi, Georgia
Phone +995-591-27-67-77
maia.tskhvaradze@mepa.gov.ge
Grenada
Ministry of Climate Resilience, the Environment and Renewable Energy
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
Phone 1(473)440-0366
ps@cre.gov.gd
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
Phone 1(473)440-0366
titus.antoine@cre.gov.gd
Guatemala
Ministry of Environment and Natural Resources
Her Excellency María José Iturbide Flores Primary
Minister
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
Ms. Anna Cristina Bailey Hernández Primary
Vice Minister of Natural Resources and Climate Change
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
Ms. Lourdes María Fernández Balconi Secondary
Head of International Cooperation Unit
7 Avenida 03-67 Zona 13, Guatemala City, Guatemala
Guyana
Office of the Vice President
Honourable Dr. Bharrat Jagdeo Primary
Vice President, Co-operative Republic of Guyana
Shiv Chanderpaul Drive, Bourda,, Georgetown, Guyana
Phone +592-227-3101
vpguy2020@gmail.com
Mr. Andrew Bishop Secondary
Lead Climate Change Negotiator, Office of the President, Department of Environment and Climate Change
Ms. Pradeepa Bholanauth Secondary
Senior Director for Climate and REDD+, Ministry of Natural Resources
Haiti
Ministry of Environment
Guerline Pierre Primary
GCF Focal Point
Parc Industriel Métropolitain, Boulevard Toussaint Louverture, Port-au-Prince, Haiti
Jordan
Ministry of Environment
Mr. Belal Shqarin Primary
Director, Climate Change Directorate
King Faisal Bin Abd Aziz Street, 83 Um Uthaina, Amman, Jordan
Kenya
The National Treasury
Dr Chris Kiptoo Primary
Principal Secretary
Treasury Building 12th Floor, Harambee Avenue, Nairobi, Kenya
Phone +254 20 224 0051
pstnt@treasury.go.ke
Mr. Malik Aman Secondary
Programme Manager, National Coordination (FLLoCA)
Phone +254 720 771774
malikaman@me.com
Mr. Peter Odhengo Secondary
Senior Policy Advisor, Climate Finance
Phone +254 722 984 992
odhengo@gmail.com
Mr. Hillary Korir Secondary
Senior Economist
Phone +254 722 644736
hillary.korir@treasury.go.ke
Madagascar
Ministry of the Environment and Sustainable Development
Ms. Lovakanto Ravelomanana Primary
Director of the National Office for Climate Change Coordination
B.P 3948, Rue Toto Radola - Antsahavola, Antananarivo, Madagascar
Mauritius
Ministry of Finance and Economic Development
Mr. Visvanaden Soondram Primary
Deputy Financial Secretary
Government Centre, Port Louis, Mauritius
Phone 230-260-081
vsoondram@govmu.org
Mrs. Usha Beegun-Ramduny Secondary
Lead Analyst, Resource Mobilisation Cluster
Phone 230 260 1348
ubeegun-ramduny@govmu.org
Mexico
Ministry of Finance and Public Credit, Unit of Public Credit and International Affairs
Ms. Laura Elisa Aguirre Téllez Primary
Director General of International Fora and Sustainable Financing
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Mr. Israel Alejandro Camacho Bahena 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
Phone (+52) 55 3688 2662
israel_camachob@hacienda.gob.mx
Ms. Angélica Astrid Morales Rivera Tertiary
Deputy Director of Climate Change
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Phone (+52) 55 3688 1833
angelica_morales@hacienda.gob.mx
Morocco
Ministry of Energy Transition and Sustainable Development- Department of Sustainable Development
Mr. Bouzekri Razi Primary
Director of Climate Change, Biodiversity, and Green Economy
Panama
Ministry of Environment
His Excellency Milciades Concepción Primary
Minister of Environment
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
Phone (+ 507) 500-0802
mconcepcion@miambiente.gob.pa
Ms. Ligia Castro de Doens Secondary
Operational Focal Point, Advisor to the Minister and Director of Climate Change
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
Phone (+507) 500-0802
lcastrod@miambiente.gob.pa
Ms. Mirthia Gonzalez Tertiary
Technical Focal Point; Climate Change Analyst and Planner
Diego Dominguez Street, Building 804 Albrook, Ancón, Panama City, Panama
Phone (+507) 500-0802
mgonzalez@miambiente.gob.pa
Papua New Guinea
Office of Climate Change and Development
Mr. Ruel Yamuna Primary
Special Envoy for Climate and Environment
Dynasty Tower, Stratos Avenue, Waigani, National Capital District, Port Moresby, Papua New Guinea
Mr. Jonah Auka Operational focal point
Philippines (the)
Department of Finance
Secretary Ralph Recto Primary
Secretary
Mr. Joven Balbosa Primary
Undersecretary, International Finance Group
Phone +63 2 8523-4955
jbalbosa@dof.gov.ph
Ms. Carlyn Diaz Operational focal point
Saint Kitts and Nevis
Department of Economic Affairs and Public Sector Investment Planning Ministry of Sustainable Development
Mr. Manners Auren Primary
Senior Project Analyst Department of Economic Affairs & PSIP Ministry of Sustainable Development
Bladen Commercial Development Wellington Road, Basseterre, Saint Kitts and Nevis
Phone +869 467 1057
Phone +869 467 1057
auren.manners@gov.kn
auren.manners@gov.kn
Saint Lucia
Ministry of Finance, Economic Development and the Youth Economy
Mr. Paul Hilaire Primary
Permanent Secretary, Department of Economic Development
1st Level, Finance Administrative Centre, Pointe Seraphine, Castries, Saint Lucia
Phone (758) 468-5825
paul.hilaire@govt.lc
Mrs. Nadia Wells-Hyacinth Primary
Chief Economist, Department of Economic Development
2nd Level, Finance Administrative Centre, Pointe Seraphine, Castries, Saint Lucia
Phone (758) 468-3814
nwells@gosl.gov.lc
Ms. Donette Charlery Secondary
Economist, Department of Economic Development
2nd Level, Finance Administrative Centre, Pointe Seraphine, Castries, Saint Lucia
Phone (758) 468-5587
donette.charlery@govt.lc
Saint Vincent and the Grenadines
Ministry of Finance, Economic Planning, Sustainable Development, and Information Technology
Mr. Recardo Frederick Primary
Director of Planning (Ag.)
2nd Floor Administrative Complex, Bay Street, Kingstown, Saint Vincent and the Grenadines
Phone +1 784 457 1746
cenplan@svgcpd.com
Samoa
Ministry of Finance
Ms. Saoleitiiti Betham-Vaai Primary
Chief Executive Officer
1 Apia City Boulevard, Central Bank Building, Apia, Samoa
Phone +685 34332
maeva.bethamvaai@mof.gov.ws
Mr. Leiataua Ah Ching Secondary
Deputy Chief Executive Officer, Operations Department
1 Apia City Boulevard, Central Bank Building, Apia, Samoa
Phone +685 34332
henry.ahching@mof.gov.ws
Mr. Tofilau Siliva Secondary
Deputy Chief Executive Officer, Policy Department
1 Apia City Boulevard, Central Bank Building, Apia, Samoa
Phone +685 34332
lae.siliva@mof.gov.ws
Ms. Litara Taulealo Operational focal point
Head of Climate Resilience Investment Coordination Division
South Africa
Department of Forestry, Fisheries, and the Environment
Ms. Nomfundo Tshabalala Primary
Director General
Phone +27 12 339 9007
DG@environment.gov.za
Ms. Shahkira Parker Operational focal point
Senior Policy Advisor: International Governance Management
Ms. Lucia Motloung Operational focal point
Mr. Zaheer Fakir Operational focal point
Suriname
Ministry of Spatial Planning and Environment
His Excellency Mr. Marciano Dasai Primary
Minister
Prins Hendrikstraat #22, Paramaribo, Suriname
Phone +597 522020
secmin@rom.gov.sr
Mr. Ritesh Sardjoe Secondary
Permanent Secretary for Environment
Ms. Vanuessa Gefferie Secondary
Permanent Secretary for General and Financial Affairs
Togo
Directorate of Environment, Ministry of Environment
Ms. Méry YAOU Primary
Director of Environment
240 rue des Nîmes Lomé - Togo -, Lomé, Togo
Phone (+228) 22 21 51 97/90148744
Phone (+228) 90148744
ymery69@yahoo.fr
fondverttogo@grnail.com
Mr. Komi Sossou SOSSOU Secondary
Environmentalist, head of planning unit
240 rue des Nîmes Lomé - Togo, Lomé, Togo
Uganda
Ministry of Finance, Planning and Economic Development
Mr. Ramathan Ggoobi Primary
Permanent Secretary / Secretary to the Treasury
Phone +256414707135
ramathan.ggoobi@finance.go.ug
Mr. Andrew Masaba Secondary
Principal Economist / Climate Finance Desk Officer, Development Assistance and Regional Cooperation
Uruguay
Ministry of Environment
Ms. Natalie Pareja Primary
Climate Change Director
Zabala 1442, 4th FI, Uruguay CP, 11600, Montevideo, Uruguay

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