Leveraging IFI financing through Climate Funds

UNDP has experience in designing and
implementing initiatives that de-risk and crowd-in financing for investments on climate action.

Working in partnership with financing instruments such as the Global Environment Facility (GEF) and
the Green Climate Fund (GCF), UNDP has a track record of catalyzing private sector investments in a range of sectors. In particular, UNDP helps Governments to design and implement technical, financial, policy and capacity-related projects designed to reduce risks, remove barriers and
create an attractive enabling environment for
investments. Country support in transition towards more sustainable energy systems (includes large-scale grid-based electricity projects using wind, solar, biomass and geothermal energy).

Products and Country Experiences

Accelerating Renewable Energy in Central America:

Accelerating Renewable Energy in Central America:  This project promotes renewable energy projects through a mechanism for partial credit guarantees and other means. The project is administered by UNDP and executed by CABEI. This effort has catalyzed new investments estimated at some US$156 million, funding 23 small renewable energy projects for a combined installed capacity of 56 megawatts in several Central American countries.

focal points

Jana Imrichova

Technical Specialist for Climate Change

Oliver Waissbein

Global Environment Facility

UNDP Staff Only: Once you identify your SDG Financing expert, please place a request for his/her services through your CO corporate planning system (IWP platform) under the ‘Service Requested’ section. Please be sure to indicate the name of the financing expert on the service request page (‘Summary of Service Expected’ box) in order to facilitate assignment.