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Heritage Colombia (HECO): Maximizing the Contributions of Sustainably Managed Landscapes in Colombia for Achievement of Climate Goals Colombia
The Heritage Colombia (HECO) project is a 10-year initiative designed to protect and restore landscapes in Colombia through a Project Finance for Permanence (PFP) model. It targets five mosaics—Caribbean, San Lucas, Central Andes, Orinoco Transition, and Heart of the Amazon—covering 6.6 million hectares. The project focuses on strengthening governance, establishing participatory climate monitoring systems, and implementing land restoration and rehabilitation to reduce GHG emissions and improve water regulation. It requests USD 43 million from the GCF, complemented by USD 102.2 million in co-financing from the Government of Colombia and WWF. Key goals include the gazettement of the San Lucas Mountains protected area and the expansion of the Sierra Nevada de Santa Marta National Park.
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Document type: Report
The CO2 Performance Ladder as a Tool for Low-Carbon Procurement
The report evaluates the potential for scaling the CO2 Performance Ladder (CO2PL) in Austria, Denmark, Germany, Ireland, Italy, Poland, Slovenia, Spain, Sweden, and the United Kingdom. The CO2PL serves as both a carbon management system for organizations and a procurement tool that provides certified suppliers with an award advantage in tenders. The study finds a general demand for third-party verified, easy-to-use tools to reduce carbon emissions, though implementation faces challenges such as risk aversion among public procurers, legal concerns regarding the link between criteria and the subject matter of contracts, and capacity constraints in smaller procuring entities. The report recommends aligning the CO2PL with common measurement methods like Environmental Product Declarations (EPDs), engaging with European city networks, and providing specific support for small and medium-sized enterprises (SMEs) to ensure inclusive participation.
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Document type: Report
ENGIE Equatorial – E-outboards for fishermen on Lake Victoria (Uganda)
ENGIE Equatorial piloted 15 electric outboards powered by Li-ion batteries for fishing on Lake Victoria, Uganda. The project demonstrated that while equipment costs are high, economic viability is possible, with fishermen seeing operation cost reductions of 20-60% and gasoline savings of 1,628 to 2,750 litres per boat annually. Technical challenges included equipment damage from heavy use and difficulties with battery-swapping logistics, leading to recommendations for more robust hardware and battery modules weighing no more than 30 kg.
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Document type: Case study
INDOOR SOILLESS FARMING: PHASE II: Moving from theory to action
The report outlines the activities of the St. Louis Controlled Environment Agriculture (STLCEA) Coalition, which selected AeroFarms to develop a large-scale commercial vertical farm and community-based farms in the St. Louis region. It evaluates various energy strategies to reduce the high carbon footprint of indoor farming, including the use of stranded assets like river cooling, underwater turbines, and waste-to-energy systems. Additionally, the document describes the establishment of a Center of Excellence (CoE) led by The Yield Lab Institute to foster knowledge sharing and technological innovation in the fragmented CEA industry while addressing food insecurity and racial inequality in north St. Louis.
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Document type: Report
Rapport de cadrage sur les Obligations vertes de l'Union économique et monétaire ouest-africaine (UEMOA)
The report identifies a significant gap between the climate goals of WAEMU member states and their financial capacity to implement them. While there is interest in green bonds, the market is hindered by underdeveloped regional financial infrastructure, a lack of technical expertise in green eligibility and reporting, and a dominance of sovereign debt that crowds out corporate issuers. The document recommends strengthening regulatory frameworks, providing technical assistance for project pipeline development, and utilizing risk-mitigation tools like guarantees to attract a more diverse investor base beyond commercial banks.
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Document type: Report
WAEMU Green Bond Scoping Report
The report finds that while there is interest in Green Bonds in the WAEMU region, the market is in a nascent stage due to underdeveloped financial infrastructure, a lack of government focus on climate regulatory frameworks, and limited technical capacity among stakeholders. It identifies energy, agriculture, and clean transportation as priority sectors and recommends sustained capacity building, the development of regional guidelines, and the use of technical assistance and risk-transfer instruments to attract investors.
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Document type: Report
Winds of Change: Learnings for the Indian Offshore Wind Energy Sector
The document analyzes India's offshore wind potential, primarily off the coasts of Gujarat and Tamil Nadu, noting that while the country has a target of 30 GW by 2030, no projects are currently operational. It identifies critical barriers including high capital costs, lack of specialized port infrastructure, and regulatory uncertainties. By comparing India to existing markets like the UK and Denmark and emerging markets like Taiwan and South Korea, the paper recommends updating the National Offshore Wind Energy Policy 2015, implementing competitive procurement mechanisms such as Contracts for Difference, and developing a government-led 'plug-and-play' power evacuation model to reduce investor risk. It also emphasizes the need for detailed Environmental Impact Assessments (EIAs) and the integration of offshore wind with green hydrogen or hybrid RTC (round-the-clock) renewable projects to enhance economic viability.
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Document type: Research paper
Charting the Course for Early Truck Electrification
The report analyzes trucking telematics data from Geotab to determine the feasibility of early electric truck adoption in California and New York, finding that emissions per mile for electric trucks are significantly lower than diesel alternatives regardless of charging schedules.
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Document type: Report
Consideration of funding proposals - Addendum II Funding proposal package for FP185
The 'Climate Change: The New Evolutionary Challenge for the Galapagos' programme seeks USD 65.27 million from the Green Climate Fund (GCF) to implement a comprehensive transition to a low-carbon economy in Ecuador's Galapagos Islands. The initiative focuses on three main components: changing the energy matrix through a centralized 14.8 MWp solar plant (Conolophus project) and distributed renewable energy; building climate resilience in food systems and ecosystems (including coral reef and Scalesia forest restoration); and establishing sustainability mechanisms such as ecotourism certification and climate-responsive planning. The programme targets 33,000 residents and over 100,000 annual tourists, aiming to reduce 584,169 tCO2eq over 25 years and enhance resilience across 19,000 hectares of agricultural land and 138,000 km2 of marine ecosystems.
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Document type: Report
Charging Ahead: How to Make Electric Mobility Work for All
RMI identifies three promising electric mobility modes—microtransit, carsharing, and micromobility—to address transportation gaps for low- to moderate-income communities in Connecticut. The briefing emphasizes that electric utilities are critical partners, capable of providing administrative support, capital for infrastructure and vehicles, and optimized electricity rate designs to ensure these services are affordable and accessible.
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Document type: Briefing
Electric Mobility for All
The report 'Electric Mobility for All' examines how to extend the benefits of electric vehicle (EV) adoption to low- to moderate-income (LMI) communities in Connecticut, who face barriers such as cost premiums and limited charging infrastructure despite being most affected by poor air quality.
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Document type: Report
Consideration of funding proposals - Addendum VI Funding proposal package for FP174
The programme targets seven catchments across Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama, and the Dominican Republic to combat droughts and extreme rainfall. It employs a blended finance model consisting of a US$28 million grant facility for vulnerable communities, a US$102.8 million lending facility for EbA investments, and a US$30 million guarantee facility to de-risk lending for partner financial institutions. Key activities include reforestation, agroforestry, the installation of rainwater harvesting systems, and the establishment of a regional knowledge hub to mainstream EbA into national policies. The programme aims to directly benefit approximately 1.08 million people.
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Document type: Report
Preparation of the “Public-Social-Private Partnerships for Ecologically-Sound Agriculture and Resilient Livelihood in Northern Tonle Sap Basin (PEARL)” Project
The document outlines a request for USD 221,396 from the GCF PPF to complete the design of the PEARL project in Cambodia. The project focuses on transitioning smallholder farmers from traditional rain-fed rice to climate-resilient, high-value crops including cashew, mango, organic rice, and vegetables. Key preparation activities include climate modeling for target crops, identifying catchment restoration areas, designing a revolving fund for infrastructure, and conducting integrated financial and economic analyses. The project intends to benefit approximately 450,000 farmers by improving agrometeorological services and financial access, with a total indicative project cost of USD 41.975 million over eight years.
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Document type: Report
Accelerating Renewable Energy Finance in Indonesia: The Potential of Municipal Green Bonds
The document examines the potential for Indonesian subnational governments to issue green bonds to meet the national target of 23% renewable energy by 2025. While some provincial governments in Java are eligible based on Ministry of Finance criteria, issuance is hindered by complex bureaucratic procedures, a lack of profitable project pipelines, and investor preference for high credit ratings over 'green' labels. The authors recommend simplifying issuance requirements, implementing clearer central government policies on renewable energy tariffs and tax incentives, and targeting quasi-government institutions as initial investors.
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Document type: Research paper
Eutrophication in the Baltic Sea region
The report assesses the feasibility of a trading system to combat eutrophication in the Baltic Sea, arguing that current approaches are too slow to meet EU Water Framework Directive targets.
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Document type: Report
Accelerating renewable energy finance in Indonesia
The report investigates the potential for municipal green bonds to support Indonesia's goal of 23% renewable energy by 2025. While provincial governments in Java and Bali generally meet fiscal eligibility criteria, no municipal bonds have been successfully issued as of 2021. Key barriers include complex bureaucratic procedures, a lack of profitable project pipelines, and a conservative investor market primarily motivated by credit ratings and commercial returns rather than green mandates. The authors recommend simplifying issuance requirements, providing clearer central government policy signals, and targeting quasi-government institutions as initial investors.
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Document type: Report
Youth Enterprise Grants (YEG) Pilot Project in Mathare, Nairobi
The Youth Enterprise Grants (YEG) pilot project provided approximately $1,200 in cash and a smartphone to 1,018 youth in Mathare, Nairobi. The project found that mobile money transfers are highly feasible in urban slum environments and lead to a significant shift toward self-employment, with the proportion of youth working for themselves increasing from 37% to 79%. While smartphones enhanced market access and technical skill acquisition via the internet, specific business-management apps had limited take-up. Financial well-being improved markedly, with the percentage of recipients able to meet daily expenses rising from 28% to 82%. The report highlights a strong preference for grants over loans and an unmet demand for digital financial services that allow users to 'lock' or compartmentalise funds for saving.
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Document type: Report
Feasibility Study for Development of a Green Bonds Market in Ghana
The report finds that while there is broad stakeholder interest and significant latent potential for green projects in Ghana—particularly in renewable energy, green housing, and water infrastructure—the green bond market is currently nascent with no prior issuances. Key barriers include a shallow debt capital market, a lack of formal issuance guidelines, limited technical capacity to identify eligible project pipelines, and a mismatch between issuer and investor expectations regarding pricing. The study suggests that government leadership, such as a sovereign green bond issuance planned for 2021/22, and the development of a dedicated green segment on the Ghana Stock Exchange are critical for catalyzing the market. It also emphasizes the need for credit enhancements and technical assistance to bridge the gap between speculative project ideas and bankable green bonds.
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Document type: Report
Consideration of funding proposals – Addendum X Funding proposal package for FP150
The proposal seeks USD 256.48 million from the GCF to reduce greenhouse gas emissions in Bangladesh's textile and RMG industries. The program combines concessional loans for equipment upgrades with technical assistance to overcome financial and technical barriers, targeting a total emission reduction of 14.53 million tCO2eq over 20 years.
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Document type: Report
Exploring Smallholder Solutions in the Rubber Sector
The report examines the potential of rubberwood sales to mitigate the financial burden on Indonesian rubber smallholders during the replanting of over-aged, low-yield trees. While selling rubberwood provides some initial capital, the study finds it is insufficient on its own to cover the significant cash shortfalls associated with the five-year immaturity period of new trees. The analysis concludes that a viable financing model must combine rubberwood sales with an agroforestry approach—using intercrops to generate income—and training in good agricultural practices (GAP) to ensure long-term profitability and repayment capacity for smallholders. The report also highlights systemic barriers to finance, including a lack of land titles for collateral and high operational costs for financial service providers (FSPs).
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Document type: Report