Global Programs

Investment Services

Helping developing countries access finance remains a foremost priority, especially after the ratification of the Paris Agreement where countries have committed to implement their lower carbon development targets, in addition to meeting their Sustainable Development Goals. The total amount of capital required for countries to achieve the 2-degree stabilization target is USD 93 trillion by 2050. Public finance will not be sufficient to fill this need. There are three primary reasons for this Green Investment gap. First, projects are often not bankable and they do not match the risk and reward appetite of investors. Second, instruments to mobilize green finance do not offer the required scale needed to attract finance. Third, developing countries routinely lack the institutional capacity to manage funds in line with the needs and expectations of international investors.

Theory of Change: Green Investment Services

GGGI’s Green Investment Services (GIS) support countries by developing bankable projects, national financing vehicles and risk reducing instruments to bridge the gap between finance and projects.

Green Investment Services (GIS) delivers its work by:

-Developing a pipeline of bankable green growth projects;

-Performing the role of an “arranger”, that is, designing and structuring commercially viable projects that attract appropriate finance, and getting them financed;

-Structuring financial solutions that blend public/ concessional finance and commercial/private finance in order to reduce risk and consequently help position public and private parties with commercially viable project structures;

-Designing innovative financial mechanisms often in the form of funds and instruments that reduce and possibly mitigate risks and overcome other barriers specific to green growth;

-Establishing dedicated vehicles capable of blending international and domestic sources of capital for financing green growth;

-Prioritizing projects and instruments that are impactful and are catalytic, i.e. they mitigate risk sufficiently to pave the way for private investment in the sector;

-Integrating social and environmental considerations into projects, valuing and monetizing natural assets where possible, and
Advising partner countries on the development of their investment plans.

Projects

Project
REDD+ Financial Mechanism Colombia
Start Date Q4 2015
Funding Source Core
Approved Budget 0
Status Active
Thematic Area
  • Sustainable Landscapes
View
Project
Rwanda (FONERWA)
Start Date Q1 2012
Funding Source Core
Approved Budget 0
Status Complete
Thematic Area
  • Cross Cutting
View
Project
Costa Rica Environmental Bank Foundation (FUNBAM)
Start Date Q1 2017
Funding Source Core
Approved Budget 0
Status Complete
Thematic Area
  • Sustainable Landscapes
View
Project
Vanuatu National Green Energy Fund (NGEF)
Start Date Q1 2016
Funding Source Core
Approved Budget 0
Status Complete
Thematic Area
  • Sustainable Energy
View
Project
Non-Conventional Energies and Energy Efficiency Fund (FENOGE)
Start Date Q1 2017
Funding Source Core
Approved Budget 0
Status Complete
View
Project
India Financial Instrument for Off-grid Energy
Start Date Q1 2017
Funding Source Core
Approved Budget 0
Status Complete
Thematic Area
  • Sustainable Energy
View
Project
Rwanda Green City Pilot Project
Start Date Q1 2017
Funding Source Core
Approved Budget 0
Status Complete
Thematic Area
  • Green Cities
View
Project
National Financing Vehicles
Start Date Q1 2017
Funding Source Core
Approved Budget USD 1 865 000
Status Active
Thematic Area
  • Cross Cutting
View
Project
Mobilizing Finance for Green Energy Projects in Vanuatu
Start Date Q1 2017
Funding Source Core
Approved Budget USD 2 002 000
Status Active
Thematic Area
  • Sustainable Energy
View
Project
Nusa Tenggara Timur (NTT) Hybrid Solar PV Project
Start Date Q4 2016
Funding Source Core
Approved Budget USD 32 000 000
Status Active
Thematic Area
  • Sustainable Energy
View

News

News • November 30, 2018

Burkina Faso and GGGI sign Host Country Agreement

Ouagadougou, Burkina Faso – November 30, 2018 – The Government of Burkina Faso and the Global Green Growth Institute (GGGI) today signed the Host Country Agreement between the two parties. The signing Ceremony took place in the presence of personalities from the Ministry of Foreign Affairs and the Ministry of the Environment, as well as […]

News • November 29, 2018

Senegal GGGWeek 2018 – High-level Panel on green buildings and innovations for green cities development. Friday November 29th, 2018

On November 29, as part of the Global Green Growth Week, the GGGI Senegal team organized a High-Level Panel on Green Buildings for Green Cities. That was chaired by the Director of Cabinet of the Ministry of Urban Renewal, Housing and Living Environment. In his speech, he stressed that’s imperative to rethink how to plan, […]

News • November 29, 2018

Senegal GGGWeek 2018: Unlocking Green Growth Potential In Senegal

Dakar, Senegal – November 29 – The official closing ceremony of Senegal’s GGGWeek 2018, was chaired by Mr. Amadou Lamine Guisse, Secretary General of the Ministry of the Environment and Sustainable Development who delivered the closing address. He was preceded on the microphone by Mr. Mamadou Konate on behalf of Dr Mahamadou Tounkara, the Country […]

News • November 27, 2018

Senegal GGGWeek 2018: High Level Political Dialogue on Challenges and Opportunities

November 27, 2018 – Political validation of the national Green Growth Strategy and Road Map. The Global Green Growth Institute (GGGI) and the Government of Senegal are organizing the National Green Growth Week in Senegal (Global Green Growth Week – GGGWeek) from 26 to 29 November 2018 under the theme: ” Unleashing the potential of […]

News • November 7, 2018

Third Workshop in Nariño: Strengthening local capacities by learning means of implementation for GG

Pasto, November 7: The Subnational Program of GGGI Colombia with the support of the Norwegian Embassy and the Government of Nariño, carried out the third of four capacity building workshops on Green Growth addressed to the public and private stakeholders in the region. This workshop gathered more than 75 participants and aimed to share knowledge on […]

News • November 6, 2018

Korea and GGGI organize seminar to support developing countries access climate action finance

This week, the Korean Ministry of Economy and Finance hosts the 4th Seminar on Climate Change Projects and Programs (CCPP) to provide a cooperation platform for representatives from developing countries who work with the Green Climate Fund (GCF) to mobilize climate finance. Co-organized by the Global Green Growth Institute (GGGI), the CCPP kicked-off on November […]

News • October 24, 2018

Prime Minister of Nepal launches ‘National Action Plan for Electric Mobility’, supported by GGGI

KATHMANDU – October 23, 2018 – The Prime Minister of Nepal, Mr. K.P. Sharma Oli, today officially launched the ‘National Action Plan for Electric Mobility.’ The action plan supports implementation of Nepal’s Nationally Determined Contribution, a key mechanism of the Paris Agreement, especially in terms of clean transport, energy diversity and air quality targets. In […]

News • October 2, 2018

GGGI Convenes Stakeholders in Musanze & Rubavu on Public Bicycle Sharing (PBS) and Non-Motorised Transport (NMT)

The GGGI Rwanda team organized two stakeholder consultations in two of Rwanda’s rapidly urbanizing secondary cities, Musanze and Rubavu. The consultation sessions were organized to discuss the challenges, limitations and opportunities of developing a public bicycle sharing (PBS) system. Participants at the stakeholders consultations included representatives from local and national government entities, the private sector, […]

News • October 2, 2018

GGGWeek2018 Burkina Faso

Session held on Green Growth and the development of bankable projects: potential and challenges? Ouagadougou, Burkina Faso, October 2 – The Global Green Growth Institute (GGGI) and the Government of Burkina Faso held the Global Green Growth Week (GGGWeek2018) on October 2-4 in Ouagadougou, Burkina Faso. The second session took place on Tuesday, October 2 in […]

News • September 17, 2018

Tackling the energy sector

The Global Green Growth Institute participated in the Sustainable Investment Forum North America during New York Climate Week.  On September 26, GGGI’s Director-General, Dr. Frank Rijsberman, participated in a panel session entitled Tackling the energy sector: Investment, Divestment or Engagement? The session explored strategies to invest in renewables and new technology in order to revolutionize and […]

News • September 7, 2018

GGGI supports mainstreaming Green Growth in Kigali Master Plan Review

On September 07, 2018, the Global Green Growth Institute Rwanda supported the City of Kigali in a process to review and update the Kigali Master Plan by hosting a Focus Group Session on Green City Development. During the session GGGI elaborated on green growth concepts and strategies relevant to introducing Green Growth in the Kigali […]

News • August 31, 2018

Citywide surveys on green and public spaces conducted in Huye ,Nyagatare and Rubavu

The Global Green Growth Institute (GGGI), in partnership with the Ministry of Infrastructure (MININFRA)and Rwanda Housing Authority (RHA) , conducted citywide surveys in Huye ,Nyagatare and Rubavu over the last two months. Nyagatare and Ruvabu Districts are among the fastest urbanized secondary cities that were identified  for this exercise to assess the needs of its […]

News • August 28, 2018

GGGI Develops Partnerships at World Water Week to Scale-up Green Growth Impact

The Global Green Growth Institute (GGGI) participated in a number of events today at World Water Week held in Stockholm, Sweden.  Organized by the Stockholm International Water Institute (SIWI), GGGI participated in a workshop engaging stakeholders from Swedish government and development organizations to discuss opportunities for collaboration that will enhance the impact of green growth […]

News • August 9, 2018

GGGI Senegal Country Office conduct a Capacity building session on the development of bankable projects

Following a general request from stakeholders, the GGGI Senegal Country Office organized a capacity building session on the development of bankable green projects for representatives of ministries in charge of key sectors for the transition to green growth in Senegal. The session was held on Thursday, August 09, 2018, at the Conference Room of the […]

News • August 8, 2018

Capacity Building training on Climate Finance for Sector Experts in Rwanda

Kigali, August 7-8 – The GGGI Rwanda team and Rwanda Environmental Management Authority (REMA) with support of the UNFCCC Secretariat, UNFCCC Regional Collaboration Center based in Kampala, the African Development Bank, the World Bank, and the Rwanda Environment and Climate Change Fund (FONERWA) collaborated in co-organizing a two-day capacity building training on “climate finance” for Sector […]

News • August 7, 2018

Vanuatu Parliament Approves Bill for the National Green Energy Fund

In June 2018, the parliament of Vanuatu approved the National Green Energy Fund (NGEF) bill, supported unanimously by both the government and opposition members. The bill was then gazetted in July 2018 as Act 10 of 2018.  As the first national financing vehicle for the Vanuatu energy sector, this legislation will contribute towards accelerating the […]

News • July 25, 2018

Investor Forum on Financing opportunities for Rice Husk Waste to Energy and Typha Use

Dakar, July 24-25 – The Global Green Growth Institute (GGGI) and the Government of Senegal (GoS), in collaboration with key stakeholders, co-organized an investor forum on rice husk waste to energy and typha valorization, held on  July 24–25 at the King Fahd Palace Hotel in Dakar. The forum was chaired by the Secretary General of the […]

News • July 10, 2018

What is the Green Climate Fund and How Indonesia Accessing it?

The Green Climate Fund (GCF) is a financing mechanism of the United Nations Framework Convention on Climate Change (UNFCCC) and is specifically established to provide financial support so that countries like Indonesia can reach its emission reduction targets. As of May 2018, the GCF portfolio has 76 projects worldwide worth USD 12.6 billion with an […]

News • June 20, 2018

The biannual meeting of the Green Cities Technical Committee held in Senegal

Dakar, June 19 and 20 – The biannual meeting of the Technical Committee on Green Cities was held on June 19 at the GGGI Senegal Office in Dakar. The meeting was co-chaired by Mr. Amadou Diouldé Diallo from the General Directorate of Urban planning & Architecture and Mr. Mamadou Konate, Senior Officer Green Growth at the […]

News • June 5, 2018

Signing of the Commitment Charter of Tivaouane Green Secondary City as part of the celebration ceremony of World Environment Day

Senegal, June 5 – Senegal celebrated World Environment Day today in the city of Tivaouane. Tivaouane is also one of the three pilot cities of the Green Secondary Cities Development Program, which is supported by GGGI. This led to the formulation of a Tivaouane development strategy in a secondary green city and a roadmap whose implementation […]

Reports

Summary of Vietnam Country Planning Framework 2016-2020 Water and Sanitation  • Viet Nam  • Green Cities  • Sustainable Energy  • Cross Cutting
Report
Summary of Vietnam Country Planning Framework 2016-2020

Water and Sanitation  • Viet Nam  • Green Cities  • Sustainable Energy  • Cross Cutting

Accessing the Green Climate Fund in Indonesia Indonesia
Report
Accessing the Green Climate Fund in Indonesia

Indonesia

National Development Banks and Infrastructure Provision: A Comparative Study of Brazil, China, and South Africa China  • Cross Cutting
Report
National Development Banks and Infrastructure Provision: A Comparative Study of Brazil, China, and South Africa

China  • Cross Cutting

Involving the Private Sector and Public-Private Partnerships in Financing Investments: Public Opportunities and Challenges Cross Cutting
Report
Involving the Private Sector and Public-Private Partnerships in Financing Investments: Public Opportunities and Challenges

Cross Cutting

Public Finance Underpinnings for Infrastructure Financing in Developing Countries Cross Cutting
Report
Public Finance Underpinnings for Infrastructure Financing in Developing Countries

Cross Cutting

Infrastructure Pipeline and Need for Robust Project Preparation Cross Cutting
Report
Infrastructure Pipeline and Need for Robust Project Preparation

Cross Cutting

Private Finance for Infrastructure Investments: Analysis and Implications for New Multilateral Development Banks Cross Cutting
Report
Private Finance for Infrastructure Investments: Analysis and Implications for New Multilateral Development Banks

Cross Cutting

Green Infrastructure: Definition and Needs Cross Cutting
Report
Green Infrastructure: Definition and Needs

Cross Cutting

Global Green Growth: Clean Energy Industrial Investments and Expanding Job Opportunities; Vol. 2 (of 2) Cross Cutting
Report
Global Green Growth: Clean Energy Industrial Investments and Expanding Job Opportunities; Vol. 2 (of 2)

Cross Cutting

Green Public-Private Partnerships for Public Infrastructure in Mongolia Mongolia  • Green Cities  • Sustainable Energy  • Cross Cutting
Report
Green Public-Private Partnerships for Public Infrastructure in Mongolia

Mongolia  • Green Cities  • Sustainable Energy  • Cross Cutting

Bridging the Policy and Investment Gap for Payment for Ecosystem Services: Learning from the Costa Rican Experience and Roads Ahead Costa Rica  • Sustainable Landscapes
Report
Bridging the Policy and Investment Gap for Payment for Ecosystem Services: Learning from the Costa Rican Experience and Roads Ahead

Costa Rica  • Sustainable Landscapes

Pushing the Envelope on Renewable Energy Sustainable Energy
Report
Pushing the Envelope on Renewable Energy

Sustainable Energy

How to price carbon in good times… and bad
Report
How to price carbon in good times… and bad

The impacts of environmental regulations on competitiveness
Report
The impacts of environmental regulations on competitiveness

Infrastructure for development: Meeting the challenge
Report
Infrastructure for development: Meeting the challenge

Progressing Towards Post-2012 Carbon Markets
Report
Progressing Towards Post-2012 Carbon Markets

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