Green Climate Fund

Cover of Green Climate Fund Private Sector Finance in Focus Briefing 4: Programmatic Approaches

GCF Private Sector Finance in Focus 4: Programmatic approaches

Published: 11 July 2022

The vast majority of private sector activities funded by the GCF are programmatic in nature. Butthe GCF has not set specific rules regarding what constitutes a program. Although private sector programs are far more prevalent than public sector ones, the proposed policy does not address the specific challenges that private sector programs pose. This briefing offers guidance to strengthen the proposed policy on programmatic approaches to take account of issues specifically arising in the case of private equity financing programs.

Cover of GCF Private Sector Finance in Focus Briefing 3

GCF Private Sector Finance in Focus 3: Accreditation

Published: 7 July 2022

This analysis looks at the 26 private sector entities currently accredited with the GCF as implementing entities and the approaches and financial instruments they use for GCF funded climate actions. It highlights significant transparency and accountability deficits with a number of these actors, including with respect to their experience and track record in implementing environmental and social safeguards and gender mandates of the GCF.

Private Sector Finance in Focus Briefing 2 Cover

GCF Private Sector Finance in Focus 2: MSMEs

Published: 17 March 2022

This paper analysis whether the GCF’s Private Sector Facility (PSF) is falling substantively short of meeting its mandate to support micro-, small- and medium-sized enterprises (MSMEs). It finds that while the GCF does not issue portfolio-wide data on MSME support, almost a third of its funded activities offer at least some support to MSMEs. However most of those are classified as public sector projects and programs.

Cover of Green Climate Fund Private Sector Finance in Focus Briefing 1: A Critical Review of Key Trends

GCF Private Sector Finance in Focus 1: Key Trends

Published: 5 October 2021

This analysis critically reviews the status quo of private sector support in the GCF several years into the Fund’s full operationalization finding that the dividing line between “private” and “public” GCF finance often remains unclear. This review by civil society observers to the GCF comes at a time when the effectiveness and future of the GCF’s existing private sector engagement strategy are under internal review.

Title of Climate Finance Fundamentals 11

Climate Finance Fundamentals 11: The Green Climate Fund

Published: 11 December 2020

The Green Climate Fund (GCF) is the most important multilateral climate fund supporting developing countries in implementing their climate goals to meet Paris Agreement targets. Five years after Paris, what has the GCF accomplished and how can it better support transformative change?  This analysis provides an overview.