Download your copy of the 19th GCF insight today
The private sector represents over USD 210 trillion in financial resources yet only a small portion of that focuses on climate investments. Private sector projects are underrepresented in the current GCF portfolio, making up only around 20% of the number of total projects, and representing a third of total Fund investments. Understanding why this is the case and what can be done to increase the share of private sector projects is paramount to mobilising finance at the necessary scale.
In this nineteenth edition of GCF insight, we discuss the challenges faced by the private sector when working with the GCF and how they can be avoided, or at least reduced, in future project design and development. We also present suggestions for streamlining the process for the private sector and potential recommendations highlighted by relevant stakeholders.
So what did we learn?
Find out by downloading our latest report here – GCF insight #19 – ‘How can the private sector boost engagement with the GCF?’
About GCF insight
This survey and report is an initiative of E Co., and emerges from work we are doing to accelerate low-carbon climate-resilient development. E Co’s team of consultants designed and administered the survey which was used to inform and prepare this report. We also conducted interviews and a survey to get a more in-depth understanding of issues and solutions. E Co. conducted this research independently and is not affiliated with the Green Climate Fund (GCF), the GCF Secretariat, or donors. The views expressed in this report are those of the authors and do not represent those of the GCF. Nothing in the interviews or any information or material relating thereto shall be construed as implying any official endorsement of, or responsibility on, the part of the GCF.
About E Co.
E Co. is a leading climate finance and development consultancy headquartered in London, based globally. We provide consulting support to access climate finance from the GCF (and other funds and donors) across several service areas, including: market assessment, strategy formulation, policy development, monitoring and evaluation, fund support and training. However, we may be best known for our programme and project design services in response to the Fund’s criteria and processes.