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."
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
When Tony's Chocolonely's, a Dutch chocolate maker, was sold to a Belgian investment firm last year, the company introduced a "golden vote" to make sure the sale didn't violate the firm's impact...more
Environmental, social, and governance (ESG) experts are out with a list of the world's best and worst companies when it comes to investing in climate change. Here are the top 10, based on ESG's...more
One of the world's largest law firms has been named as one of the best in the world for its work in the area of impact investing. Inbar magazine has named Morgan Lewis as one of the top 50 impact...more
It's been more than five years since Russia invaded and occupied Ukraine, but the country is still struggling to rebuild and attract foreign investment. The Financial Times takes a look at the...more
Swiss impact investment firm Blue Earth Capital has invested more than $16 million in an Indian company that aims to help small farmers cope with climate change, the BBC reports. The investment...more
"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
Social Entrepreneurship
Spotlight
Social Entrepreneurs to Get Free WiFi Access
iPass, a telecommunications provider, will give free internet access to 100 non-government organizations (NGOs) for a year as they work in dangerous countries to help its poor and underserved populations.
