FP151
Global Subnational Climate Fund (SnCF Global) – Technical Assistance (TA) Facility
Global Subnational Climate Fund (SnCF Global) – Technical Assistance (TA) Facility
The goal of the Sub-national Climate Fund Global (SnCF Global or the “Fund”) is to catalyze long-term climate investment at the sub-national level for mitigation and adaptation solutions through a transformative financing model. The SnCF Global’s business model is designed to attract primarily private institutional investment and to deliver certified climate and Sustainable Development impacts and Nature-based Solutions at global scale (SDGs, NbS). The subnational level is key: 70% of known climate solutions are located within the boundaries of subnational authorities. Significant additional investment is needed in this sector to achieve the climate goals of the Paris Agreement. The SnCF Global presents a positive disruptive solution on how subnational climate projects should be structured, de-risked, and funded by both private and public investors, while monitored and benchmarked at the highest level of rigor and quality.
The Fund is designed to overcome project-level barriers and limitations in attracting private investment that leads to chronic underfunding of bankable mitigation and adaptation projects at the sub-national level, specifically at the deal size of USD 5 million to 75 million. Thousands of high merit sub-national projects are bypassed by commercial financing because investors prefer perceived safer and larger investments. The Fund firmly believes that GCF anchor funding and first-loss coverage will unlock both public investors and more importantly, private institutional investors. With GCF support, these investors have expressed willingness to co-invest. This is the first time an impact equity fund mobilizes public (20 %) and private sector (80%) funding at scale to de-risk sub-national middle scale infrastructure projects.
Project timeline
Pipeline
30 Aug 2017 - 1172 days
Concept note received
30 Aug 2017
Funding proposal received
31 Dec 2019
Cleared by GCF Secretariat
30 Mar 2020
Legal opinion on AE's Internal Approval
21 May 2020
Cleared by iTAP
19 Oct 2020
Approved
13 Nov 2020 - 159 days
Approved by GCF Board
13 Nov 2020
FAA executed
17 Feb 2021
Under implementation
20 Apr 2021 - 892 days so far
FAA effective
20 Apr 2021
Disbursement - USD 2,168,375
26 May 2021
Completed
20 Apr 2028 - 1,666 days to go
Four regions
- Eastern Europe
- Latin America and the Caribbean
- Africa
- Asia-Pacific
Forty-two countries
- Albania
- Bahamas
- Brazil
- Burkina Faso
- Cambodia
- Cameroon
- Chile
- Costa Rica
- Côte d'Ivoire
- Democratic Republic of the Congo (the)
- Dominica
- Dominican Republic (the)
- Ecuador
- El Salvador
- Fiji
- Gabon
- Guatemala
- Guinea
- Haiti
- Honduras
- Indonesia
- Jamaica
- Jordan
- Kenya
- Lebanon
- North Macedonia
- Mali
- Mauritania
- Mexico
- Montenegro
- Morocco
- Mozambique
- Myanmar
- Nigeria
- Panama
- Rwanda
- Senegal
- South Africa
- Togo
- Tunisia
- Uganda
- Uruguay
Three priority groups
- Least Developed Countries
- Small Island Developing States
- African States
-
Financing
- Private sector
- Public sector
-
Size
- Micro
- Small
- Medium
- Large
GCF financing12% disbursed
Instrument | Amount |
---|---|
Grant | USD 18,500,000 |
Total GCF Financing |
---|
USD 18,500,000 |
Co-financing
Co-financer | Instrument | Amount |
---|---|---|
Co-Financing | In-kind | USD 1,000,000 |
Co-Financing | In-kind | USD 400,000 |
Co-Financing | Grant | USD 6,000,000 |
Co-Financing | Grant | USD 100,000 |
Co-Financing | Grant | USD 1,500,000 |
Co-Financing | Grant | USD 500,000 |
Total Co-Financing |
---|
USD 9,500,000 |
GCF Contacts
General media inquiries
GCF CommunicationsPhone +82 32 4458 6338 (KST)
Send 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 6155 (KST)
Send e-mail
Accredited Entity

International Union for Conservation of Nature
Head of the Multilateral Finance and Business development Team
28 rue Mauverney, Gland, Switzerland
Portfolio Manager (a.i), Multilateral Finance and Business Development Team
28 rue Mauverney, Gland, Switzerland
More contacts
National Designated Authority
Ministry of Tourism and Environment
Director of Procurement and Partnerities
Boulevard "Deshmoret e Kombit", No.1,1001 Tirana, Albania
Office of the Prime Minister
Special Advisor for Climate Change & Environmental Matters
Sir Cecil Wallace Whitfield Center, Nassau, Bahamas
Director, Department of Environmental Planning and Protection Ministry of Environment and Natural Resources
Deputy Director Economics, Ministry of Finance
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
Prime Ministry
Policy Officer
Policy Officer
Ministry of Environment
Minister
Morodok Techo Building (Lot 503), Tonle Bassac, Chamkarmon, Phnom Penh, Cambodia
Ministry of Environment, Protection of Nature and Sustainable Development (MINEPDED)
Secretary General
Boulevard du 20 Mai, Immeuble Ministériel No. 2, P.O Box 320, Yaoundé, Cameroon
Ministry of Finance
Undersecretary
Teatinos 120, Santiago, Chile
Head of the Public Debt Office
Teatinos 120, Santiago, Chile
Ministry of Environment and Energy
Vice-minister of Strategic Affairs
Calle 25. Av. 8-10, San Jose, Costa Rica
International Cooperation Director
Calle 25. Av. 8-10, San Jose, Costa Rica
International Cooperation Officer
Calle 25. Av. 8-10, San José, Costa Rica
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
National Coordination of the Green Climate Fund
National Coordinator and GCF Focal Point for the Democratric Republic of the Congo
Ministry of Finance, Economic Development, Climate Resilience and Social Security
Financial Secretary
5th Floor, Financial Centre Kennedy Avenue Roseau Commonwealth of Dominica
Chief Development Planner (Ag.)
5th Floor, Financial Centre Kennedy Avenue Roseau Commonwealth of Dominica
Ministry of Environment and Natural Resources
Deputy Minister of International Cooperation
Avenida Cayetano Germosén esq. Avenida Gregorio Luperón, Ensanche El Pedregal, Santo Domingo, Distrito Nacional, Dominican Republic (the)
Ministry of Environment and Water
Undersecretary of Climate Change
Av. Madrid 1159 y Andalucía, Quito, Ecuador
Ministry of Environment and Natural Resources (MARN)
Minister of Environment and Natural Resources
Kilómetro 5 ½ Carretera a Santa Tecla, Col. Las Mercedes, Frente a Círculo Miliar, Edificios MARN, San Salvador, El Salvador
Director of International Cooperation and Climate Change
Kilómetro 5 ½ Carretera a Santa Tecla, Col. Las Mercedes, Frente a Círculo Miliar, Edificios MARN, San Salvador, El Salvador
Office of the Prime Minister
Prime Minister and Minister for Climate Change
New Wing, Government Buildings,, Suva, Fiji
Director - Climate Change Division, Office of the Prime Minister
Manager - Climate Change Division, Office of the Prime Minister
Conseil National Climat National Climate Council
Adviser to the President of the Republic, Permanent Secretary Conseil National Climat
BP 3850, Libreville, Gabon
Ministry of Environment and Natural Resources
Minister of Environment and Natural Resources
7 Avenue 06-67 zone 13, Guatemala City, Guatemala
Phone (502) 2423-0500
gebarrios@marn.gob.gt
gvalladares@marn.gob.gt
nomendoza@marn.gob.gt
Vice-minister of Natural Resources and Climate Change
7 Avenue 06-67 zone 13, Guatemala City, Guatemala
Coordinator of the International Cooperation Unit
7 Avenue 06-67 zone 13, Guatemala City, Guatemala
The National Directorate of the Environment
Executive Secretary of the National Designated Authority of the Green Climate Fund
Coléah Lansébounyi, Commune de Matam, Conakry, Guinea
Substitute
Coléah Lansébounyi- Commune de Matam, Conakry, Guinea
Ministry of Environment
GCF Focal Point
Parc Industriel Métropolitain, Boulevard Toussaint Louverture, Port-au-Prince, Haiti
Secretary of Energy, Natural Resources, Environment and Mines
Secretary of State, Secretary of Energy, Natural Resources, Environment and Mines
Edificio Principal, 200 metros al Sur del Estadio nacional, Tegucigalpa, Honduras
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
Center for Climate Finance and Multilateral Policy, Fiscal Policy Agency, Ministry of Finance, R.M. Notohamiprodjo Building 5th Floor, Jalan Dr. Wahidin Raya No.1,, Jakarta, Indonesia
Ministry of Economic Growth and Job Creation (MEGJC)
Programme Coordination, Monitoring and Evaluation Officer
Ministry of Environment
Director, Climate Change Directorate
King Faisal Bin Abd Aziz Street, 83 Um Uthaina, Amman, Jordan
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 Environment
Head of Air Quality Department
Lazarieh Center, 7th Floor, Block A-4 Old P.O. Box 11/2727, Beirut, Lebanon
Cabinet of the Deputy President of the Government in Charge for Economic Affairs and Coordination of Economic Sectors
Deputy Prime Minister in Charge of Economic Affairs, Coordination of Economic Sectors and Investments
Bul Ilinden nr.2, 1000 Skopje, North Macedonia
Advisor for sustainable development to the Deputy President of the Government of Republic of North Macedonia in charge of economic affairs, coordination of economic departments and investments
Bul Ilinden 2, Skopje, North Macedonia
State Counselor on Climate Change, Ministry of environment and physical planning
The Environment and Sustainable Development Agency
General Director, Agence de l'Environnement et du Developpement Durable (AEDD)
Cite Administrative – Batiment No. 7 – BP: 1634, Bamako, Mali
Head of department financial resources mobilization
Cite Administrative – Batiment No. 7 – BP: 1634, Bamako, Mali
Ministry of Environment and Sustainable Development
Policy Officer and Coordinator of the National Program on Climate Change
Ministry of Finance and Public Credit (SHCP), Unit for Public Credit
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
laura_aguirre@hacienda.gob.mx
dir_fs@hacienda.gob.mx
mexico_gcf@hacienda.gob.mx
Office for Sustainable Development
Secretariat General of Government of Montenegro
Karadjordjeva bb, 81000, Podgorica, Montenegro
Ministry of Energy Transition and Sustainable Development- Department of Sustainable Development
Director of Climate Change, Biodiversity, and Green Economy
Ministry of Economy and Finance – National Directorate for Monitoring and Evaluation
Deputy National Director of Monitoring and Evaluation
Ministry of Environmental Conservation and Forestry
Director General, Environmental Conservation Department
Building no. 53, Oattara Thiri Township, Nay Pyi Taw, Myanmar
National Council on Climate Change
Director General
Headquarters Mabushi, Abuja, Nigeria
Ministry of Environment
Minister of Environment
Building 804, Albrook, Panama
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
Operational Focal Point, Director of Climate Change of the Ministry of Environment
Rwanda Environment Management Authority
Director General
Ministry of Environment and Sustainable Development
Head of Climate Change Division
Parc Forestier de Hann, B.P. 4055 Dakar, Senegal, Dakar, Senegal
Department of Forestry, Fisheries, and the Environment
Senior Policy Advisor: International Governance Management
Directorate of Environment, Ministry of Environment
Director of Environment
240 rue des Nîmes Lomé - Togo -, Lomé, Togo
Environmentalist, head of planning unit
240 rue des Nîmes Lomé - Togo, Lomé, Togo
Ministry of Environment and Sustainable Development
Director of General Directorate of Sustainable Development
Ministere des Affaires Locales et l'Environnement, Cite Administrative, Rue du Developpement, Cite el Khadra, Tunis, Tunisia
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
Ministry of Environment
Climate Change Director
Zabala 1442, 4th FI, Uruguay CP, 11600, Montevideo, Uruguay
Documents
Title | Type | Date |
---|---|---|
2021 Annual Performance Report for FP151: Global Subnational Climate Fund (SnCF Global) – Technical Assistance (TA) Facility | Annual Performance Report | 23 Feb 2023 |
Technical Assistance (TA) Facility for the Global Subnational Climate Fund | Approved funding proposal | 09 Dec 2020 |
Gender action plan for FP151: Global Subnational Climate Fund (SnCF Global) – Technical Assistance (TA) Facility | Gender action plan | 19 Nov 2020 |
Gender assessment for FP151: Global Subnational Climate Fund (SnCF Global) – Technical Assistance (TA) Facility | Gender assessment | 19 Nov 2020 |
Environmental and social safeguards (ESS) report for FP151: Technical Assistance (TA) Facility for the Global Subnational Climate Fund | Environmental and Social Safeguards report | 05 Oct 2020 |
News + Stories

GCF signs public-private partnership agreements to launch Global Subnational Climate Fund
23 Feb 2021 / The Green Climate Fund (GCF) has joined forces with Pegasus Capital Advisors and the International Union for Conservation of Nature (IUCN) in an innovative bundling of public-private financing to plug a funding gap for sub-national climate initiatives. GCF announced it has signed funding agreements with both organisations during a virtual briefing session for UN representatives in New York about the Global Subnational Climate Fund (SnCF Global), created to address a major deficit in climate finance.