The Green Climate Fund (GCF) was set up by the 194 countries who are parties to the United Nations Framework Convention on Climate Change. Backed by pledges of over USD 10 billion, the Fund aims to mobilize funding at scale to invest in low-emission and climate-resilient development.

The Fund has set up a Private Sector Facility to unleash the potential of the private sector for clean energy and climate resilience projects in developing countries. GCF’s Board has approved a pilot programme of up to USD 500 million to leverage private investments.

About this Request for Proposals
Through this Request for Proposals (RFP), the Fund’s Private Sector Facility is seeking high impact projects and programmes that mobilize private sector investment in climate change activity at scale. GCF’s support under the programme can include loans, equity, guarantees and grants. Proposals must fit into at least one of the Fund’s eight strategic impact areas, half of which are related to mitigation and half to adaptation impacts.
 

• The strategic mitigation impacts of GCF are to reduce emissions from:

(a) Energy generation and access;
(b) Transport;
(c) Buildings, cities, industries and appliances; and
(d) Forests and land use.
 

• The strategic adaptation impacts of GCF are to increase the resilience of:

(e) Health, food and water security;
(f) Livelihoods of people and communities;
(g) Ecosystems and ecosystem services; and
(h) Infrastructure and the built environment.

Deadline for application is August 30th. For more information, check out the document attached, or visit http://www.greenclimate.fund/500m.