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Funding Solutions |
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Green Climate Fund
The GCF is a global fund that support the efforts of developing countries to respond to the challenge of climate change, limiting or reducing greenhouse gas (GHG) emissions and adapt to climate change. GCF has a multi layered approach to mobilize climate finance, working directly with the public and private sectors. It is important to note that developing countries are in the driving seat of GCF’s targeting and disbursement of climate finance. National Designated Authorities (NDAs) for each developing country act as the country’s interface with the Fund, and are involved closely in all of GCF’s funding processes. |
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Established in 1966, the Asian Development Bank (ADB) is a multilateral development bank owned by 67 members—48 from the region, and 19 from other parts of the world. In 2017, ADB operations totalled $32.2 billion, including $11.9 billion in co-financing. ADB’s main instruments for helping its developing member countries are policy exchange, loans, equity investments, guarantees, grants, and technical assistance.
Urban Pathways countries - Bhutan - Fiji - India - Nepal - Vietnam |
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KfW is one of the world’s leading promotional banks. It is committed to improving economic, social and ecological living conditions all around the world on behalf of the Federal Republic of Germany and the federal states. Its global network includes around 80 local and representative offices in the partner countries (see figure 1). KfW promotes and supports programmes and projects that mainly involve state actors in developing and emerging economies – from their conception and execution to monitoring their success1. Initially, agreements between partner countries and German federal government are made for KfW programmes and projects. KfW supports and advises its partner countries throughout the entire project cycle, from preparation and execution to long after the start of operations. Local partners are responsible for preparing and executing projects. KfW also takes responsibility for systematic quality assurance/evaluation of the project.
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CAF is a development bank created in 1970, owned by 19 countries - 17 of Latin America and the Caribbean, Spain and Portugal- as well as 13 private banks in the region. It promotes a sustainable development model through credit operations, non-reimbursable resources, and support in the technical and financial structuring of projects in the public and private sectors of the shareholder countries of Latin America. |
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The IDB Group is composed of the Inter-American Development Bank (IDB), IDB Invest and the Multilateral Investment Fund (MIF), a fund administered by the IDB. The IDB, the oldest and largest regional multilateral development bank, is the main source of multilateral financing for economic, social, and institutional development in Latin America and the Caribbean. With a history dating back to 1959, the IDB’s aim is to achieve sustainable and climate-friendly development in the region. It provides loans, grants, technical assistance, and conducts extensive research. It maintains a strong commitment to achieving measurable results and the highest standards of increased integrity, transparency, and accountability.
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The African Development Bank (AfDB) Group is a regional multilateral development finance institution established to contribute to the economic development and social progress of African countries that are the institution’s Regional Member Countries. The AfDB comprises three entities: the African Development Bank (ADB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). The AfDB mission is to help reduce poverty, improve the living conditions for all Africans and mobilise resource for the continent’s economic and social development.
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