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Green Climate Financing Facility for Local Financial Institutions in Latin-America GCF FP149

Fecha de inicio: 13/11/2020
Fecha de fin: 31/12/2023

Description

The core objective of the Programme is to reduce GHG emissions in Latin America by 10.7 million tonnes of carbon dioxide equivalent (MtCO₂eq) in emissions, through locally financed and developed climate change projects for MSMEs in the renewable energy, energy efficiency and land use sectors. The Programme will provide LFIs with access to a green finance credit line. It will also implement four grant-funded sub-components with a focus on education, awareness raising and technical support. This includes matchmaking between LFIs, technology service providers, and solution providers (e.g., MSMEs and farmers), performance-based payments for solution providers, technical support and capacity building, and monitoring and reporting.

Action scope

Regional

Evaluated

No

Stage

Development-design

Temporalidad

Corto plazo

Number of Years

3 - Year -s

Budget in USD

Budget in USD
$100,000,000.00
Counterpart Budget
$50,200,000.00
Total Budget
$150,200,000.00
Annual Average Budget
$50,066,667.00

Institutions

Institutions Institutions rols

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