Timeline: Nov 2020 – Nov 2035
Budget: USD 750 million budget across 42 countries (concessional loan: USD 18,500,000, equity: USD 150,000,000)
Programme brief:
The Global Sub national Climate Fund is composed of an equity fund and a technical assistance facility targeting mid-sized (USD 5-75 million) infrastructure projects at the subnational level, including sustainable energy, waste and sanitation, regenerative agriculture, and nature-based climate solutions. The goal of the Sub-national Climate Fund Global is to catalyze long-term climate investment at the sub-national level for mitigation and adaptation solutions through a transformative financing model. The SnCF Global’s business model is designed to attract primarily private institutional investment and to deliver certified climate and Sustainable Development impacts and Nature-based Solutions at global scale.
Programme concept note (equity fund)
Programme concept note (technical assistance facility)
Programme page (equity fund)
Programme page (technical assistance facility)