Global Climate Partnership Fund (GCPF)

When investing directly in Projects, GCPF will co-invest with one or more partners. 

Given the wide variety of projects eligible for GCPF funding, the measurement and monitoring of emission reductions must strike the right balance between accuracy and practicality of implementation and is therefore adapted according to the size and nature of the project.
For example, reporting of small, standardized energy efficiency projects such as air conditioners is based on the equipment model. Larger, complex projects require a detailed energy analysis, which the Fund may finance through the Technical Assistance Facility.
To ensure that GCPF-funded projects meet the Fund’s eligibility requirements, projects are subject to an ex ante assessment and ex post monitoring.
The investment manager’s carbon reporting team reviews all loans reported by partner institutions. This responsibility team consists of engineers with broad experience in the design and construction of energy efficiency and renewable energy projects.
Partner institutions are continually assisted in the practical implementation of the GCPF reporting requirements. With several thousand sub-loans financed by GCPF every quarter, reporting and eligibility approval need to be efficient and error-proof, yet pragmatic enough for a challenging operating environment. The GCPF reporting tool is a central component of this process.

Organizational structure can be found here.

The Fund is managed by responsAbility Investments AG, a Swiss asset manager that has been active in impact investing since 2003. Its aim is to drive the growth of development-related sectors — namely finance (climate finance and financial inclusion), agriculture, and energy —through return-seeking debt and equity investments.

The Global Climate Partnership Fund (GCPF) invests globally across developing economies, partnering with local financial institutions and climate-focused companies. Its focus is purposefully on developing economies, as that is where it knows it can make the biggest possible impact in the shortest possible time, together.

Get in touch with GCPF for identifying the best opportunities for you, no matter where you are in your climate transition journey. It has a solid track record of enabling our partners to become pioneers in their market.

Financial Institutions

Whether you are a Tier I or Tier II Bank, a Microfinance Institution, or something completely different, we support you in opening up new commercial opportunities by integrating environmental and climate-positive aspects into your business models.

With a focus on speed, expertise, and a personal touch, we help you to stand out from others and succeed in the competitive market.

To ensure long-lasting results, we connect you with global, regional, and local networks, and provide assistance and training to build knowledge, skills, and confidence for climate financing.

In financial terms we offer:

• Dedicated funding in the form of senior or subordinated debt
• Mid to long-term financing
• Total facilities usually amounting to USD 10 million – USD 30 million, with flexible funding schedules
• Financing of up to 49.9% of tier 1 capital and/or up to 25% of total assets

Climate Infrastructure Companies: 

GCPF works with climate infrastructure companies that have a viable business model, are catalytic in their space, and have an existing track record in project development related to climate solutions. We provide direct financing with a focus on energy efficiency and renewable energy projects, as well as other sectors that can have a significant climate-positive impact.

When you have the right approach, we believe in you and provide funding–even if what you do is new in your market. With us, you find the means to grow as well as create a reliable path for further funding in the future.

In financial terms we offer:

• Direct funding primarily in the form of senior debt
• Maturities of up to 15 years
• Typical deal size of between USD 5 million and USD 15 million

GCPF mainly supplies financing to local financial institutions, which provide sub-loans for energy projects that benefit small and medium-sized businesses and private households in particular. GCPF also finances energy efficiency and renewable energy projects directly. Eligible projects cover different sectors and loan sizes (typically up to 30 MW). Both local financial institutions and small scale projects must comply with GCPF’s social and environmental management standards.

• Energy efficiency projects: Eligible projects must provide projected energy savings and/or CO2 emissions reductions of at least 20%
• Renewable energy projects: Most commercially viable renewable energy generation technologies are eligible for financing, with the exception of bioliquid or biofuel production. GCPF targets renewable energy projects for the retail market, such as home solar systems, as well as small-scale renewable generation plants.