GCF financial support opportunities for NDCs implementation · Why PSF? PSF positioning PSF...

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GCF financial support opportunities for NDCs implementation Regional Dialogue on Nationally Determined Contributions (NDCs) for Africa Stéphanie Flora CAPDEVILLE Africa Adviser Rabat, September 28 th , 2017

Transcript of GCF financial support opportunities for NDCs implementation · Why PSF? PSF positioning PSF...

GCF financial support opportunities for NDCs implementation

Regional Dialogue on Nationally Determined Contributions (NDCs) for Africa

Stéphanie Flora CAPDEVILLEAfrica Adviser

Rabat, September 28th, 2017

Portfolio of high quality

Funding Proposals

NDCsTNAs

Structured Dialogue and Direct Access contribute to improve the quality of submitted proposals

GCF programming

Programme overviewTotal Portfolio

LATIN AMERICA &the CARIBBEAN

34 approved(USD 9.3m, 24 countries)19 disbursed(USD 2.4m, 15 countries)

AFRICA

44 approved(USD 13.3m , 34 countries)27 disbursed(USD 4.2m, 25 countries)

ASIA-PACIFIC

40 approved(USD 15.3m, 25 countries)

24 disbursed(USD 3.4m, 16 countries)

EASTERN EUROPE

6 approved(USD 1.5m, 5 countries)3 disbursed(USD 375k, 3 countries)

124 approved for USD 39.5m

As of 31 August 2017

Adaptation planning supportState of Play

DRCLiberia

PakistanNepal

Mongolia

29 submitted proposals

3 approved proposals

Uruguay

Colombia

Armenia

Antigua & Barbuda

Niger

As of 31 July 2017

Argentina

Bangladesh

Bosnia & Herzegovina

Dominican Republic

Ecuador

Egypt

Kenya

Mauritania

Madagascar

Mali

Montenegro

Myanmar

Serbia

Swaziland

Tanzania

Uzbekistan

Zimbabwe

As of 31 July 2017

LATIN AMERICA &the CARIBBEAN

5 countries

AFRICA15 countries

ASIA-PACIFIC8 countries

EASTERN EUROPE1 country

Project Preparation Facility28 requests covering 29 countries

2 endorsed

26 under under Secretariat

review

10 requests from direct

access

A growing portfolio

KenyaPeru

Senegal

Malawi

Mexico

Maldives

$2.2b for 43 projects in 64 countries

Bangladesh

Tuvalu

Fiji

Gambia

Armenia

El Salvador

Tajikistan

Sri Lanka

Mali Viet Nam

Chile

Eastern Caribbean

Samoa

VanuatuCook Islands Mauritius

South Africa

Argentina

Mongolia

Uganda

Status as of B17 (July 2017)

MadagascarNamibia

Morocco

Ecuador

Pakistan

Rwanda

Egypt

Georgia

Jordan

Moldova

Serbia

Tunisia

Uzbekistan

BeninNigeria

Tanzania

PNGSolomon

Islands

India

Private Sector Facility Overview

Why PSF?

PSF positioning

PSF products

• Catalyze, maximize and mainstream private sector

engagement in climate finance mitigation and adaptation

action throughout developing countries

• The PSF is mainstream component of the GCF and its

financing activities

• GCF will allocate a significant proportion of its resources to

the PSF through active private sector engagement in

coordination with AEs, governments and local stakeholders

• PSF accounts for 22% of approved GCF projects by number,

but 52% of total $$ invested

• PSF offers demand-driven financial solutions/structures

tailored to individual project needs

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Request for Proposals

• USD 500M allocated for mobilizing funding at scale

Details

USD 500 mln co-financing from GCF:

• Call for proposals for innovative concepts to mobilise finance for climate-resilient and low-emissions projects & programmes

• An international campaign aiming at accredited and non accredited entities has been launched over the summer

• The evaluation process of the projects and programmes has started in Sept 2017

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“Pitch for the Planet” RfP 2017

Rwanda

As of 31 July 2017

Morocco

Ethiopia Kenya

Argentina

54 entities accredited to date

A Diverse Network of Partners

Senegal

Namibia

India Peru

South Africa

Mongolia

China

Korea

Indonesia

Morocco Bangladesh

India