1. Private Sector Projects
KawiSafi Fund
Country
GCF financing
Accredited entity
Financial instrument
Kenya and Rwanda
USD 25 million
Acumen
Equity and Grant
USD 20M in equity and USD 5M in grants for technical assistance
Universal access to energy for people at the bottom of the pyramid
Mobilization of private sector investors at scale for investment in SMEs in East Africa
Conversion of a social impact fund into a Green Impact Fund
Emissions reduction of 1.5 million tCO2

2. Private Sector Projects
Energy Efficiency Green Bond
Country
GCF financing
Accredited entity
Financial instrument
Mexico (Phase I)
USD 22 million
IDB
Guarantee and Grant
USD 20M in guarantee and USD 2M in grant
Warehousing and aggregating
Mobilize institutional funds at scale towards MSME ESCOs, use capital markets from crowding-in of private investors
Replicability and scalability
Emissions reduction of 2.6 million tCO2e

3. Private Sector Projects
Climate Action and Solar Development
Country
GCF financing
Accredited entity
Financial instrument
Chile
USD 49 million
CAF
Loan
143MW Atacama solar project
USD 49M in project debt for a project of up to USD 265M
Utility scale solar power project
Help Chile to displace fossil fuel capacity, adapt to a scenario of drying rivers and reduce emissions by using renewables
Emissions reduction of 3.7 million tCO2

4. Private Sector Projects
Sustainable Energy Financing Facility (SEFF)
Country
GCF financing
Accredited entity
Financial instrument
Armenia, Egypt, Georgia, Jordan, Moldova, Mongolia, Morocco, Serbia, Tajikistan, Tanzania
USD 378 million
EBRD
Loan and Grant
USD 344M in loan and USD 34M in grant
Climate finance at scale through partner Financial Institutions
On-lending programme
Mainstreaming energy efficiency and renewable energy in the financial sector
Promoting local capacity and aligning with the notion of country ownership
Emissions reduction of 29.1 million tCO2e

5. Private Sector Projects
Sustainable Landscapes in Eastern Madagascar
Country
GCF financing
Accredited entity
Financial instrument
Madagascar
USD 53.5 million
CI/EIB
Equity and Grant
USD 35M in equity and USD 18.5M in grant
Public - Private finance project
Holistic approach to sustainable landscapes in both forested lands and degraded areas at a large scale
To build capacity of smallholders, community- based organizations and local government services
Emissions reduction of 10.0 million tCO2e

6. Benin, Kenya, Namibia, Nigeria, Tanzania
Private Sector Projects
Universal Green Energy Access Programme
Country
GCF financing
Accredited entity
Financial instrument
Benin, Kenya, Namibia, Nigeria, Tanzania
USD 80 million DB
Equity and Grant
USD 78.4M in equity and USD 1.6M in grant
Enhancing local financial institutions’ knowledge of and appetite for the renewable energy sector
Crowd-in foreign and local private investors into the field of sustainable energy access in sub-Saharan Africa
Emissions reduction of 50.6 million tCO2e

7. Private Sector Projects
Business loan programme for GHG emission reduction
Country
GCF financing
Accredited entity
Financial instrument
Mongolia
USD 20 million
XacBank
Loan and Grant
USD 19.5 M in Loan and USD 0.5 M in grant
First MSME RFP pilot programme
Loans to Mongolian enterprises investing in energy efficiency and renewable energy projects.
At least half of the financial support will go towards women-led MSMEs
Emissions reduction of 1.2 million tCO2e

8. Private Sector Projects
SCF Capital Solutions
Country
GCF financing
Accredited entity
Financial instrument
South Africa
USD million
DBSA
Equity
USD M in Equity
First MSME RFP pilot programme
Supply chain financing to provide capital to green economy-focused MSMEs
Support new and innovative climate start-ups with access to funding where banks are currently unable to act
Emissions reduction of 33.0 million tCO2e

9. Private Sector Projects
Catalyzing Private Investment in Sustainable Energy in Argentina – Part 1
Country
GCF financing
Accredited entity
Financial instrument
Argentina
USD 133 million DB
Loan and Grant
USD 130M in Loan and USD 3 M in Grant
Catalyze private sector investment in an environment where there is negligible renewable energy capacity installed and growing import dependence for energy
Help Argentina meet its intended target of scaling up renewable energy capacity which is aligned with national policy
Emissions reduction of 15.3 million tCO2e