Project Mapping Details

Global Climate Partnership Fund Project Dates: January 2009 - January 2023

PROJECT OBJECTIVE

As an innovative public-private partnership, GCPF uses public funding to leverage private capital in order to mitigate climate change and drive sustainable growth in developing and emerging markets. GCPF mainly invests through local financial institutions but also directly. GCPF finances projects targeting small and medium-sized businesses and private households, specifically: Energy efficiency projects that reduce projected greenhouse gas (GHG) emissions by at least 20% Renewable energy generation projects

PROJECT DESCRIPTION

To limit global heating and therefore the impacts of climate change, investment is required in energy efficiency, renewables and measures that mitigate the emission of greenhouse gases. The Global Climate Partnership Fund (GCPF ) offers this kind of financing to developing and emerging countries. Funding is provided either as a direct investment in specific projects or made available to local financial institutions. These institutions then disburse the funds in the form of loans to small and medium-sized businesses or private households. The GCPF is registered in Luxembourg and is managed by responsAbility Investments AG. The Fund increases the effectiveness of public money by mobilising additional financing from public and private investors for climate mitigation projects.