Green Climate Fund Energy efficiency & Renewable energy / Worldwide
> Name: Green Climate Fund
> Inception: 2010
> Structuring Partners: United Nations Framework Convention on Climate Change (UNFCCC)
> Sector : The Fund is committed to achieving a balance between its funding for mitigation and adaptation initiatives.
> Geographic Focus : The Fund pays particular attention to the needs of societies that are highly vulnerable to the effects of climate change, in particular Least Developed Countries (LDCs), Small Island Developing States (SIDS), and African States.
> Instruments : Variety of financial instruments available, including grants, concessional loans, subordinated debt, equity, and guarantees, giving flexibility to match project needs
> Type : Fund
> Innpact contribution : Innpact conducted an assessment of the risk profile for GCF as investor in two Fund projects investing in Africa, directed at sustainable agricultural practices, renewable energy and energy efficiency, by assesing the business plan and the risks for GCF as largest contributor and review of workout scenario.
> Info : http://www.greenclimate.fund/home