GCPF 2018: Strong increase of CO2 emission reduction
With CO2 savings being THE key performance indicator for the Global Climate Partnership Fund, a 25% increase compared to 2017 makes 2018 a very successful year. But there is more:
IMPACT:
We finance with a purpose: mitigating climate change. Since its inception in 2009, our investments have saved 12.8 million t of CO2 emissions, more than the annual emissions of a country like Georgia.
SCALE:
GCPF has well outgrown its infancy: With an invested portfolio of over USD 500 million and investors’ commitments of USD 667 million, we are now scaling our innovative approach.
OUTREACH:
The climate partnership network is a force to reckon with: Together, 34 partner banks in 25 emerging economies have disbursed USD 599 million through more than 74,200 sub-loans.
KNOW-HOW TRANSFER:
Building climate financing capacity is what truly sets us apart from other players. With USD 4.2 million of funds approved and 52 new projects initiated, 2018 once again beat all records.
“2018 was an outstanding year for GCPF, demonstrating the fund’s ability to respond to the evolving demands of a constantly growing market.”
Claudia Arce, Chairperson of the Board
GCPF 2018: Top investment countries
India | 52 |
Bangladesh | 50 |
Sri Lanka | 37 |
Panama | 36 |
Ecuador | 35 |
Ukraine | 30 |
Turkey | 30 |
Georgia | 30 |