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
Phone +82 32 4458 6338 (KST)
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 6155 (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
Barbados
Economic Affairs and Investment Division Ministry of Finance, Economic Affairs and Investment
The Hon. Mr. Ryan Straughn M.P. Primary
Minister in the Ministry of Finance and Economic Affairs
Government Headquarters Bay Street, St. Michael, Barbados
Phone 535-5441/535-5359
ryan.straughn@barbados.gov.bb
Mrs. Annette Weekes Secondary
Permanent Secretary (Ag.) Economic Affairs and Investment
3rd Floor East, Warrens Office Complex Warrens, St. Michael, Barbados
Phone 535-1304/535-1326
annette.weekes@barbados.gov.bb
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 Economy
Mr. Marco Aurélio dos Santos Rocha Primary
Secretary for International Economic Affairs
Esplanada dos Ministérios, Bloco K, 8° andar, Brasilia, Brazil
Phone +55 61 2020-4654
and.gcf@economia.gov.br
Ms. Raquel Breda dos Santos Secondary
General Coordinator for Global Development Institutions
Esplanada dos Ministérios, Bloco K, 8° andar - Sala 874, Brasilia, Brazil
Phone +55 (61) 2020-4603
raquel.breda@economia.gov.br
Mr. Luiz Mauricio de Araújo Navarro Operational focal point
Coordinator for Policies and Funds for Development Finance
Esplanada dos Ministérios, Bloco K, 8° andar - Sala 874, Brasilia, Brazil
Phone +55 (61) 2020-4603
luiz.navarro@economia.gov.br
Chile
Ministry of Finance
Ms. Claudia Sanhueza Primary
Undersecretary
Teatinos 120, Santiago, Chile
Phone +56 2 28282007
csanhueza@hacienda.gov.cl
Mr. Joaquin Guajardo Beroiza Secondary
Focal Point Green Climate Fund
Teatinos 120 Santiago, Chile
Phone + (56) 2 28282312
jguajardo@hacienda.gov.cl
Comoros
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
Her Excellency Andrea Meza Murillo Primary
Minister of Environment and Energy
Calle 5. Av. 8-10, San José, Costa Rica
Phone +(506) 22334533
Phone +(506) 22571417
Phone +(506) 22575456
andrea.meza@minae.go.cr
despachominae@minae.go.cr
Mrs. Norma Patricia Campos Mesén Secondary
Director of the Climate Change Directorate
Esquina Calle Ronda, Barrio Dent, Centro de Cambio Climático, San José, Costa Rica
Phone +(506) 22564298
Phone +(506) 83461513
cambioclimatico@minae.go.cr
npcm11@gmail.com
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 Kumassi 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
National Coordination of the Green Climate Fund
Mr. Hans André Lohayo Djamba Primary
Coordinator
15, Avenue Papa Iléo (ex-des Cliniques) Commune de la Gombe, Kinshasa, Democratic Republic of the Congo (the)
Dominica
Ministry of Economic Affairs, Planning, Resilience, Sustainable Development, Telecommunications and Broadcasting
Dr. Kyra Paul L’Homme Primary
Acting Chief Development Officer
5th Floor, Financial Centre, Kennedy Avenue, Roseau, Dominica
Dominican Republic
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 Ngua Ayecaba Primary
Director-General, Department of Environment
Phone +241 222 273 970
Phone +240 222270560
gnguaayecaba@gmail.com
Dr. Diosdado Obiang 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
Mr. Grigol Lazrievi Secondary
Head, Climate Change Division
Grenada
Ministry of Finance, Planning, Economic Development and Physical Development
Dr. Kelvin Michael George Primary
Director, Department of Economic and Technical Cooperation
Financial Complex, Carenage, St. George's, W.I., Grenada
Ms. Isha Abraham Secondary
Deputy Permanent Secretary
Financial Complex, Carenage, St. George's, Grenada
Phone 1-473-440-5883
mcdeane@hotmail.com
Guatemala
Ministry of Environment and Natural Resources
His Excellency Mario Roberto Rojas Espino Primary
Minister of Environment and Natural Resources
7a. Avenue 03-67 Zone 13, Guatemala City, Guatemala
Mr. Fredy Antonio Chiroy Barreno Secondary
Deputy Minister, Ministry of Environment and Natural Resources
7a. Avenue 03-67 Zone 13, Guatemala City, Guatemala
Ms. Jenifer Andrea Calderón Cintora Secondary
Director of International Cooperation
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. Tracy Smith Secondary
Project Manager, Department of Environment and Climate Change
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 Moh'd Suliman Shqarin Primary
Director, Climate Change Directorate
King Faisal Bin Abd Aziz Street, 83 Um Uthaina, Amman, Jordan
Kenya
The National Treasury
Mr. Julius Muia Primary
Principal Secretary
Treasury Building, Harambee Avenue, P.O Box 30007-00100, Nairobi, Kenya
Phone +254 20 224 0051
ps@treasury.go.ke
Mr. Peter Odhengo Primary
Senior Policy Advisor, Climate Finance
Phone +254 722 984992
odhengo@gmail.com
Mr. Hillary Korir Primary
Economist
Madagascar
Ministry of Environment, Ecology, Sea and Forests
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. Mahess Rawoteea Primary
Director of Development Cooperation Directorate
Ministry of Finance, Economic Planning and Development, Ground Floor, Government House, Port Louis, Mauritius
Phone 230 201 3900
mrawoteea@govmu.org
Mrs. Usha Beegun-Ramduny Primary
Lead Analyst, Resource Mobilisation Cluster
Phone 230 260 1348
ubeegun-ramduny@govmu.org
Mexico
Ministry of Finance and Public Credit (SHCP), Unit for Public Credit
Ms. Laura Elisa Aguirre Téllez Primary
Director General, Unit for Public Credit and International Affairs, SHCP
Av. Insurgentes Sur 1971, Plaza Inn, Torre III, Piso 3, Col. Guadalupe Inn, Alcaldía Álvaro Obregón, Ciudad de México, Mexico
Phone + 52 (55) 36 88 18 73
laura_aguirre@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
Building 804, Albrook, Panama
Mr. Bolivar Cañizales Secondary
Deputy Operational Focal Point, Head of the Department of Environment and Climate Change, Directorate of International Organizations and Conferences of the Ministry of Foreign Affairs
Phone (507) 511-4256
bcanizales@mire.gob.pa
Ms. Ligia Castro de Doens Operational focal point
Operational Focal Point, Director of Climate Change of the Ministry of Environment
Phone (507) 500-0855
lcastrod@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
Department of Finance
Secretary Benjamin E. Diokno Primary
Department of Finance Building. Roxas Boulevard, Cor. P. Ocampo Street, Manila, Philippines (the)
Mr. Mark Dennis Y.C. Joven Primary
Undersecretary
Phone +63 2 8523-4955
mdjoven@dof.gov.ph
Mr. Neil Adrian Cabiles Secondary
Assistant Secretary
Saint Kitts and Nevis
Department of Economic Affairs and Public Sector Investment Planning, Bladen Commercial 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
Department of Economic Development, Transport and Civil Aviation
Mr. Claudius Emmanuel Primary
Permanent Secretary (Ag.)
1st Floor, Finance Administrative Centre, Point Seraphine, Castries, Saint Lucia
Phone 1-758-468-5825
cemmanuel@gosl.gov.lc
Mr. Tommy Descartes Secondary
Chief Economist (Ag.)
1st floor, Finance Administrative Centre, Point Seraphine, Castries, Saint Lucia
Phone + 1 -758-468-3814
tdescartes@gosl.gov.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 Maeva 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 Henry 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 Lae 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
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. Silvano Tjong-Ahin Primary
Minister, Ministry of Spatial Planning and Environment
S.M. Jamaludinstraat 26,, Paramaribo, Suriname
Mr. Glenn Gersie Secondary
Advisor to the Minister of Spatial Planning and Environment
Phone +5978952706
gersie.glenn@gmail.com
Mr. Ritesh Sardjoe Secondary
Acting Director of the Ministry of Spatial Planning and Environment
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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