FP086

Green Cities Facility

Green Cities Facility

  • Status Under implementation
  • Date approved 20 Oct 2018 at B.21
  • Est. completion 18 Sep 2034
  • ESS Category Category A

Enabling the transition of cities to low-carbon, climate-resilient urban development.

Urban areas account for approximately 70 percent of the global energy consumption and about 75 percent of emissions due to the density of infrastructure and their often path-dependent development patterns. While this makes cities vulnerable to the impacts of climate change, cities can also play an important role in taking on climate change mitigation and adaptation actions.

Green Cities minimise environmental impact and maximise opportunities to improve and support the natural environment. Green Cities are energy efficient and reduce reliance on non-renewable energy sources, actively encourage waste reduction and management, include green and resilient infrastructure, low carbon transport, water cycle management and deliver improved quality of life outcomes for residents.

There is not a uniform definition ‘Green City’. However, there are several central themes that help to shape and define what a Green City is. Such themes include energy efficiency (including built form) and reducing reliance non-renewable energy sources, sustainable and low carbon transportation systems, green, resilient infrastructure, waste reduction and management, increased green areas, water cycle management and integrated planning. How a city develops as green varies across geography, sector and pace at which it occurs. Decisions taken by city leaders on where, what and how investment will be directed to support green development needs to be considered adopting a system-based approach. A system-based approach recognises the interconnectedness of sectors and the importance of sequencing. It also recognises that cities will evolve to different levels of ‘green’ at different rates and that this development is not uniform.

Hence, transitioning to a path of low-carbon development can be challenging as municipalities face financial constraints for funding sustainable urban infrastructure. Under this project, 10 cities which have higher than average energy and carbon density, and are facing a range of environmental and social issues, will have access to a Green Cities Facility. The Facility will help address the cities’ climate change challenges while building the market case for private sector investments in sustainable infrastructure. It will provide concessional financial instruments that will allow ambitious investments in climate-resilient urban infrastructure such as district heating/cooling, low-carbon buildings, and solid waste management. 

The project has an estimated lifespan of 23 years.

Total project value

 

Tonnes of emissions avoided

 

Beneficiaries

 

Direct
7,900,000
Indirect
15,331,000
Theme

Cross-cutting

Result areas

Project timeline

Pipeline

04 Mar 2016 - 961 days

Concept note received

04 Mar 2016

Funding proposal received

26 Feb 2018

Cleared by GCF Secretariat

27 Apr 2018

Cleared by iTAP

08 Jun 2018

Approved

20 Oct 2018 - 334 days

Approved by GCF Board

20 Oct 2018

Legal opinion on AE's Internal Approval

31 Jan 2019

FAA executed

02 Jul 2019

Under implementation

18 Sep 2019 - 326 days so far

FAA effective

18 Sep 2019

Disbursement - USD 6,470,588

29 Nov 2019

Disbursement - USD 11,764,706

04 May 2020

Completed

18 Sep 2034 - 5,154 days to go

Three regions

  • Eastern Europe
  • Asia-Pacific
  • Africa

Nine countries

One priority group

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

GCF financing6% disbursed

InstrumentAmount
LoanUSD 76,470,588
GrantUSD 25,882,352

Cofinancing

CofinancerInstrumentAmount
Co-FinancingLoanUSD 156,470,588
Co-FinancingGrantUSD 16,000,000
Co-FinancingGrantUSD 29,411,764

GCF Contacts

General media inquiries

GCF Communications
Phone +82 10 4458 7751
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 6157
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
Send e-mail

Accredited Entity

European Bank for Reconstruction and Development

Mr. Alexis Franke
Principal Manager | Deputy Pillar Head Donor Co-Financing
Mr. Jan-Willem Van de Ven
Associate Director, Energy Efficiency and Climate Change
One Exchange Square, London, United Kingdom
Phone +44 20 7338 7821
vandevej@ebrd.com

National Designated Authority

Georgia

Ministry of Environmental Protection and Agriculture

Ms. Nino Tandilashvili
Deputy Minister
6, Marshal Gelovani Avenue, Tbilisi, Georgia
Phone +995 322 237 80 30
nino.tandilashvili@mepa.gov.ge
Jordan

Ministry of Environment

Mr. Belal Shqarin
Director, Climate Change Directorate
King Faisal Bin Abd Aziz Street, 83 Um Uthaina, Amman, Jordan
Republic of Moldova

Ministry of Agriculture, Regional Development and Environment

Ms. Valentina TAPIS
Head of Air Policy and Climate Change Section
9, Constantin Tanase str.,MD-2005, Chisinau, Moldova
Phone (+373 22) 204 521
valentina.tapis@madrm.gov.md
Armenia

Ministry of Environment

Dr. Irina Ghaplanyan
Deputy Minister
3 Government Bld.,Republic Sq., Yerevan, Armenia
Ms. Ruzanna Grigoryan
Head of International Cooperation Department
Tunisia

Ministry of Environment and Sustainable Development

Mr. Chokri Mezghani
Director of General Directorate of Sustainable Development
Ministere des Affaires Locales et l'Environnement, Cite Administrative, Rue du Developpement, Cite el Khadra, Tunis, Tunisia
Phone +216 22 74 93 62
Phone +216 70 24 38 00
chokri.mezghani@mineat.gov.tn
chokri.mezghani@yahoo.fr
Mongolia

Ministry of Environment and Tourism

Mr. Batjargal Zamba
National Focal Point for the GCF
Suite 203, Margad Center 8th Khoroo, Student Street, Ulaanbaatar, Mongolia
Ms. Chuluunkhuu Baatar
Carbon and Climate Finance Specialist
Suite 203, Margad Center 8th Khoroo, Student Street, Ulaanbaatar, Mongolia
Serbia

Ministry of Agriculture, Forestry and Water Management

Mr. Branislav Nedimović
Minister
Nemanjina 22-26, Belgrade, Serbia
North Macedonia

Cabinet of the Deputy Prime Minister in Charge of Economic Affairs and Coordination of Economic Sectors

Ms. Mila Carovska
Deputy President of the Government in change for Economic Affairs and Coordination of Economic Sectors
Boulevard Illinden No.2, Skopje, North Macedonia
Phone +389 2 3114 258
Phone +389 2 3118 022
Mila.Carovska@gs.gov.mk
Mr Daniel Josifovski
Senior Associate for improvement of the consultation process in creating regulation
Boulevard Illinden No.2, Skopje, North Macedonia
Phone +389 2 3118 022
daniel.josifovski@gs.gov.mk
Ms Olimpija Hristova Zaevska
International economy and development adviser to the President
Boulevard Illinden No. 2, Skopje, North Macedonia
Phone +389(0) 2 3134 817
olimpija.zaevska@vlada.gov.mk
Albania

Ministry of Tourism and Environment

Ms Ornela Cuci
Deputy Minister of the Ministry of Tourism and Environment
Boulevard "Zhan D'Ark", No.23, Tirana, Albania
Phone +355692817242
ornela.cuci@turizmi.gov.al

News + Stories

EBRD-GCF Green Cities Facility Takes a Major Step Forward

30 Apr 2020 / A joint investment by the Green Climate Fund (GCF) and the European Bank for Reconstruction and Development (EBRD) will modernise the metro in Georgia's capital, kicking off an initiative to support low-carbon, climate-resilient urban development. The project is the first to be jointly co-financed by GCF and EBRD as part of the Green Cities Facility, which prioritises sustainable, green investment. Improving the resilience of vital urban infrastructure is essential to response to and recovery from the coronavirus pandemic.

GCF invests USD 99 million in EBRD Green Cities Facility to reduce urban climate impacts

03 Jul 2019 / The Green Climate Fund (GCF) took a major step forward today to help make redesigned cities drivers of climate action with the signing of an agreement with funding partner EBRD. Cities have a vital role in achieving the Paris Agreement to keep temperature rises below 2C with a goal to limit warming below 1.5C as they account for 70 percent of global energy use and 75 percent of greenhouse gas emissions.