Recent reports from OECD and NCE estimate that the global infrastructure investment required from 2016 to 2030 to remain below a 2 degrees Celsius rise is approximately USD 7 trillion per year, whilst an additional study (IEA World Energy Outlook Report 2016) indicates a need for USD 53 trillion in cumulative investments to transition to a low-carbon energy system from 2016 to 2035.
In order to scale up GCF’s activities and meet this challenge, GCF has set up the Private Sector Facility (PSF) to fund and mobilize institutional investors and leverage GCF’s funds to encourage corporates to co-invest with us.
PSF is actively engaging with pension funds, insurance companies, corporations, local and regional financial intermediaries, and the capital markets.
The PSF brochure provides a guide on how to work with us, as well as examples of our first few projects.
How does GCF's Private Sector Facility Invest?GCF can finance private sector projects relating to mitigation and adaptation activities at all levels.
GCF’s core activities include clean energy, energy efficiency, climate-related innovation, resilient infrastructure, products and services for vulnerable communities, agriculture, forestry, food, water security, and ecosystems preservation.
GCF uses flexible financial instruments (including debt, equity, and guarantees). It can combine these instruments with concessional funding to promote private sector investing in our core activities by:
- De-risking investments, including foreign exchange and investors’ default;
- Bundling small projects into portfolios, providing scale and making them attractive to institutional investors;
- Supporting capacity building amongst different groups and local institutions;
- Helping develop public-private partnerships for infrastructure resilience projects;
- Encouraging innovation, for example by overcoming scale problems and fragmentation within the supply chain;
- Being active in the clean energy, climate resilience and sustainability communities.
How to work with the Private Sector Facility?Contact us. We will guide you.
It is possible to partner with GCF by becoming accredited.
Accreditation is a process following due diligence which ensures our partners share the same objectives as the Fund, and that they have extensive experience and strong financial and managerial infrastructure.
You can apply for GCF accreditation or work with an already Accredited Entity while you process your own accreditation, or work with another entity that is already accredited.
We recently launched a Request for Proposals for a new programme, Mobilising Funds at Scale. This call closed on 30 August 2017, and we received 350 proposals in response. An initial Results Snapshot giving some details about the proposals, and the next steps in their review, is available at our RFP microsite: www.greenclimate.fund/500m.
Ms. Ayaan Adam
Director, GCF Private Sector Facility
Mr. Tony Clamp
Deputy Director, GCF Private Sector Facility
Ms. Jiwoo Choi
Head of Financial Institutions, GCF Private Sector Facility
+82.32.458.6256 (Korea Standard Time)