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.
"We believe in the transformative power of AI and its potential to create positive change," says Anita Whitehead, head of impact at audit, tax, and advisory firm KPMG, which this week announced an...more
When it comes to environmental, social, and governance (ESG) considerations when investing, Malaysia is at the top of the list, according to Digital Edge Malaysia. And that's not just because the...more
Three women from Australia's Indian community have been named in the country's Order of Australia for their contributions to society. Harinder Kaur, 29,Niharika Hiremath, 29, and Sakshi Thakur,...more
Pritika Mehta, an Indian-American entrepreneur who holds a master's in artificial intelligence from the State University of New York, is "shaping the pathway for Indian startups looking to plunge...more
"San Francisco is about the same size as my hometown, Chandigarh," Pritika Mehta tells Hindustan Times. "But this small city has changed the world.... The kind of conversations that happen...more
"Politics is like a quilt formed of hundreds of patches that come together, creating security and strength," Michael Mantha writes in the Sault Star. "I know from experience that great things can...more
Pharmaceutical giant Sanofi is looking for a VP of external innovation for its Consumer Healthcare business. The ideal candidate will have at least five years' experience in a similar position...more
The University of Maryland's Center for Entrepreneurship is known for its support of entrepreneurship and innovation in the US, but it's now looking to expand its reach into Africa. The center,...more
Greece's economy grew by 0.7% in the first quarter of this year, the country's statistics service announced today, which is a lot better than the government's initial forecast of 0.3%. The...more
There's a new way to invest in the world, and it involves putting your money where your mouth is. In a new video, 3Bank's CEO Vladimir Vukotic and fund manager Tim Crijns explain how the Serbian...more
Social Entrepreneurship
Spotlight
Key to Successful Social Entrepreneurs: MENTORS
Liam Black, co-founder of Wavelength, writes how collaboration and embracing mentoring are ways to make social entrepreneurs successful.
