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projectFP098

DBSA Climate Finance Facility

29727942
TONNES of CO2 Anticipated tonnes of CO2 equivalent avoided

Impact

Mitigation & Adaptation
GCF results areas
  • Energy generation and access
  • Transport
  • Buildings, cities, industries and appliances
  • Health, food and water security
  • Livelihoods of people and communities
  • Infrastructure and built environment
UN Sustainable Development Goals
  • #1 No poverty
  • #2 Zero hunger
  • #5 Gender equality
  • #6 Clean water and sanitation
  • #7 Affordable and clean energy
  • #8 Decent work and economic growth
  • #9 Industry, innovation and infrastructure
  • #12 Responsible consumption and production
  • #13 Climate action

Location & People

Region
  • Africa
Countries
  • Lesotho LSO
  • Namibia NAM
  • South Africa ZAF
  • Eswatini SWZ
Beneficiaries (approx.) 466,384

Investment Data

  • Financing:
    • Public
    • Public / Private
    • Private
  • Project size:
    • Micro
    • Small
    • Medium
    • Large
  • E&S Risk category:
    • Category I1
    • Category I2
    • Category I3
Total project investment
GCF Financing
  • Instrument Loan USD
  • Instrument Grant USD
Co-Financing
  • Development Bank of Southern Africa Loan USD
  • Other Loan USD
  • Development Bank of Southern Africa Grant USD
  • Convergence Grant USD

Project owners

Accredited Entity Executing Entity
  • Development Bank of Southern Africa
DBSA Climate Finance Facility Approved October 2018 Est. implementation period 5.0 years
Addressing critical market barriers in accelerating private sector climate investments to help four southern African nations achieve their Nationally Determined Contributions (NDCs).

The southern African region faces significant climate mitigation and adaptation challenges, including high vulnerability to extreme climate and rainfall fluctuations. Barriers to regional climate investments include a lack of affordable long-term financing, perceived financial and technology risks, high up-front capital costs and a lack of climate finance mechanisms.

The Development Bank of Southern Africa (DBSA) programme will be the first private sector climate finance facility in Africa using a pioneering green bank model. It will de-risk and increase the bankability of climate projects in order to crowd in private sector investment. Its successful implementation will prove that similar financial models can be replicated in other developing countries.

The programme has an estimated lifespan of 20 years.
Type
Document title
Published date
ESS report FP098 - DBSA - Lesotho, Namibia, South Africa, Eswatini 27 Sep 2018
Gender action plan FP098 - DBSA - Multiple Countries 10 Jan 2019
Gender assessment FP098 - DBSA - Multiple Countries 10 Jan 2019
Approved funding proposal FP098 - DBSA - South Africa & Southern Africa Development Community (SADC) Region 28 Nov 2018
Accredited Entity
  • Development Bank of Southern Africa (DBSA) Mr. Olympus Manthata Tel: +27 11 313 5238 Mr. Muhammed Sayed Tel: +27 11 313 5240
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