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 • 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 […]

News • May 31, 2018

Rwanda’s Youth Participation in environmental protection

 “Rwanda, a developing country in East Africa with overly dense population has agricultural economy. About 82 percent cultivable land needs irrigation. During dry season and due to climate change, demand for secondary irrigation is increasing. Irrigation by electric power, diesel pump and solar pumps are some of the existing alternatives. However, due to the high […]

News • May 17, 2018

GGGI and the Government of Senegal held the Technical Validation Workshop on the National Green Growth Strategy

GGGI and the Government of Senegal (GoS), in collaboration with key stakeholders, co-organized on Thursday, May 17, the national workshop on the technical validation of the National Green Growth Strategy, at the King Fahd Palace Hotel in Dakar. The workshop was chaired by the Secretary General of the Ministry of Environment and Sustainable Development, Mr Alioune Guisse […]

News • May 16, 2018

Vanuatu Holds Investor Forum for National Green Energy Fund

Two events were held in Port Vila on May 15 and 16 for the National Green Energy Fund (NGEF), a Stakeholder Workshop and an Investor Forum by the NGEF Unit under the Ministry of Climate Change supported by the Global Green Growth Institute (GGGI) and the Green Climate Fund (GCF).  The NGEF is the first national […]

News • April 10, 2018

Training of Trainers Workshop on Green City Strategy and Roadmap Development held in Senegal

Dakar, Senegal – April 10 – As part of the extension phase of the program for the development of secondary green cities in Senegal, the GGGI Senegal team agreed with the Government to set up a panel of experts. This option is also part of GGGI’s mission to develop national expertise in the areas of cooperation […]

News • April 6, 2018

National Launching Workshop of the extension phase of the Green Secondary Cities Development Program held in Senegal

April 6, 2018 – Dakar, Senegal – Following the formulation of the guidelines for green secondary cities development approved by the Government of Senegal (GoS) in 2016, GGGI has been supporting the roadmap for their implementation in three pilot cities in 2017, which are Tivaouane, Kolda and the Urban Pole of Diamniadio new City. The […]

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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