$150 million
International Environment House 2
Chemin de Balexert, 7 – 9
1219 Vernier, Geneva, Switzerland
Email: [email protected]
The Subnational Climate Fund (SCF) invests in mid-sized ($5-$75m USD) infrastructure projects, including sustainable energy, waste and sanitation, regenerative agriculture, and nature-based climate solutions. We partner primarily with subnational authorities to identify and implement these projects, financed with a blend of concessional and conventional capital, along with Technical Assistance grants that help mitigate risk and ensure financial and environmental goals are achieved.
The SCF Fund features a dedicated, grant-funded facility ($28M) for Technical Assistance (TA) that provides technical support and grant funding to stakeholders in identifying and strengthening investment proposals for the Fund. In addition to financial performance, it supports implementers in ensuring the achievement of National Determined Contributions (NDCs), SDG impacts, and Nature Based Solutions (NbS). With the GCF's financial support, TA is managed by the International Union for Conservation of Nature (IUCN) and implemented together with the Catalytic Finance Foundation and Gold Standard.
Green Climate Fund
Governance of the Subnational Climate Fund (SCF) includes a High-level Advisory Committee. The role of the committee is to advise the SCF Consortium on best opportunities to invest in regard to SCF mission, and more widely on the theory of change encompassed by SCF.
This Committee is composed of well-known experts in their field of expertise in climate science, finance/economies, sector/technical, biodiversity/nature-based solutions, and environmental/social management systems (ESMS).
The Chairperson of the Committee, in consultation with the Consortium, may add members or supporting experts to assist existing members as may be needed to achieve the goals of the Committee in a timely and comprehensive manner.
- The project is located in a beneficiary country.
- The projects target one or more of our following sectors of activities: Sustainable Energy Solutions, Waste and Water Management and Nature-based Solutions.
- The expected total capital contribution by the SCF for the project is between 5 to 75 M USD.
- Replicability and scalability of investments.
- Returns on investment.
- The project does not fall under the Exclusion List in the SCF Environmental and Social Management System (ESMS).
- The project is a “greenfield” project where the capital contribution will support new activities, improvements, and constructions.
- The project is expected to contribute positively to climate action (SDG 13) and positively contribute to at least two other SDGs.
- Limited to Environmental and Social Risks (Category B for GCF).
- Cambodia
- Fiji
- Indonesia
- Myanmar
- Bahamas
- Brazil
- Chile
- Costa Rica
- Dominican Republic
- Dominica
- Ecuador
- El Salvador
- Guatemala
- Haiti
- Honduras
- Jamaica
- Mexico
- Panama
- Uruguay
- Albania
- Jordan
- Lebanon
- Montenegro
- Morocco
- North Macedonia
- Tunisia
- Burkina Faso
- Cameroon
- Côte d'Ivoire
- Democratic Republic of the Congo
- Gabon
- Guinea
- Kenya
- Mali
- Mauritania
- Mozambique
- Nigeria
- Rwanda
- Senegal
- South Africa
- Togo
- Uganda