Home
About Us
The Green Climate Fund is the world's biggest dedicated fund designed to help developing countries mitigate and adapt to climate changeand it's looking for new investments.
Henry Gonzalez, the fund's deputy executive director and chief investment officer, tells AsianInvestor that the fund is looking for projects that have "a paradigm shift potential and a climate impact potential."
"We are able to have a high-risk appetite, as long we can believe there is also high impact," he says.
Gonzalez says 34% of the fund's committed capital has gone to Asia, which includes low- and middle-income countries, Central Asia, and the Pacific islands.
He says the fund has made "big investments" in renewable energy, energy efficiency, access to energy, transport, mobility, electric vehicles, and hard-to-abate industries.
The Green Climate Fund was established in 2010 by 194 sovereign governments under the United Nations Framework Convention on Climate Change.
It has received $11.2 billion in investments so far, with $4.2 billion of that going to projects.
Gonzalez says the fund is trying to bring together philanthropic, public, and private capital to "de-risk opportunities to crowd in other investors."
Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
The People's Bank of China says it will start allowing people in China to use the country's new digital currency, the Digital Yuan, to buy goods and services starting next month, the BBC...more
When it comes to corporate social responsibility, India's government and public sector companies are at the top of the list. But when it comes to companies of all sizes, they're at the bottom,...more
The world's biggest state investors are getting into the business of making positive social and environmental impact investments. Singapore's Temasek Holdings, one of the world's largest state...more
"Our long-term vision is to see every dollar invested globally as a net positive for people and planet." So says Niklas Adalberth, the founder of Norrsken Foundation, which operates Norrsken VC,...more
When it comes to giving back to the communities in which they operate, India's companies are in a race against time to up their game. A new survey from Deloitte finds that just 28% of companies...more
Indian companies are spending more and more on philanthropic efforts. A survey of 185 companies by accounting and consulting firm Deloitte found that 25% of them spend more than $100 million a...more
Indian companies are spending more and more time thinking about how to make a positive impact on the world around them, the Economic Times reports. According to a survey of 185 companies by...more
During the Covid-19 virus, many businesses took a hard look at how they do business and realized they needed to do more to attract and retain top talent, Forbes reports. According to a report...more
"We've noticed that there are a wide variety of investment opportunities that can truly be transformative for women's and children's health and have confirmed, time and time again, that without...more
Italian crowdfunding site Ener2Crowd has just launched a new service called FidoGreen, which it says is the first "sustainable finance platform for sustainable investments," Quartz...more
Social Entrepreneurship
Spotlight
Celebrity Chef Jamie Oliver Backs Social Saturday
UK will be celebrating its first national celebration of social enterprises dubbed as Social Saturday. World famous celebrity chef Jamie Oliver, who founded the Fifteen restaurant chain.
