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The State of ClimateTech in Africa 2.0
African ClimateTech has grown significantly, with funding increasing from $206 million in 2016 to over $1.5 billion in 2025, now accounting for nearly 40% of all disclosed venture funding on the continent. However, this growth is highly concentrated: the top 10 companies raised as much as all other companies combined, and Energy accounts for roughly 65% of total funding. The report argues that the ecosystem is not a single market but a collection of applications maturing at different speeds. Energy Generation has reached 'Early Maturity,' while Mobility & Transport is in 'Late Frenzy.' Conversely, Water Access and Built Materials remain in 'Irruption.' A critical finding is that financial maturity, rather than technological readiness, is the primary constraint, with significant gaps in early-stage equity and working capital. The report advocates for 'tailored capital stacks' that combine grants, equity, and debt based on the specific maturity stage of each application.
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Document type: Report
CC Asia Climate Fund (CC-ACF) Kazakhstan, Mongolia, Uzbekistan | CC Global Services Holdings Limited (CC GSH)
The CC Asia Climate Fund (CC-ACF) is a proposed USD 150 million private equity fund targeting growth-stage companies in Kazakhstan, Mongolia, and Uzbekistan. Managed by CC Global Services Holdings Limited (CC GSH), the fund seeks USD 37.5 million from the Green Climate Fund (GCF) to act as a first-loss tranche, catalyzing USD 112.5 million in co-financing. The fund focuses on five priority sectors: renewable energy, resource efficiency/industry decarbonization, weather-resilient buildings, water conservation, and climate-smart agriculture. It aims to reduce GHG emissions by 8.21 million tCO2eq over a 25-year lifespan and reach approximately 464,396 direct and indirect beneficiaries. The strategy emphasizes technology transfer, active board stewardship, and the demonstration of commercial viability for climate-smart investments to shift these carbon-intensive economies toward low-carbon development.
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Document type: Report
Consideration of accreditation proposals – Addendum I Accreditation assessment of APL150
The GCF Accreditation Panel recommends the accreditation of Banco Promerica de Costa Rica as a national direct access entity for 'small' projects with a 'medium risk' (intermediation 2) environmental and social category. The bank is approved for basic fiduciary standards and specialized standards for on-lending and blending. While the bank demonstrates strong gender policies and a track record in electric mobility and green building, the recommendation is subject to several conditions. These include establishing an institutional-level environmental and social grievance redress mechanism, publishing its ethics line on its website, adopting a GCF-consistent information disclosure policy, and updating procurement procedures to include public tender and award notifications.
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Document type: Report
Green Public Procurement in Indonesia
The report examines Indonesia's GPP landscape, noting that public procurement accounts for over 45% of government spending (approximately 6.6% of nominal GDP). While a legal framework exists, GPP remains effectively voluntary due to a lack of enforcement. Key tools include Type 1 and 2 eco-labels, the Timber Legality Verification System (SVLK), and the Energy Efficiency Saving Label (LTHE). Major barriers include limited stakeholder knowledge, high costs of green products, and procurer risk aversion. The report recommends introducing easy-to-use tools like the CO2 Performance Ladder, enhancing capacity building, providing financial and non-financial incentives, and establishing a formal monitoring and evaluation system.
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Document type: Report
Fighting Wildfires with Low-Carbon Buildings
The document examines the intersection of forest management and sustainable construction in Colorado. It highlights how a century of fire suppression and climate change have led to overstocked forests, increasing the risk of high-intensity wildfires. The authors propose scaling the production of mass timber—engineered wood products—using small-diameter trees harvested during thinning operations. This approach aims to offset the high cost of forest treatments, create local jobs, and reduce the embodied carbon of buildings compared to steel and concrete. The report concludes with a call for coordinated action from policymakers, developers, and insurers to establish a 'wood-first' procurement strategy and a state-level Mass Timber Action Plan.
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Document type: Report
Consideration of accreditation proposals – Addendum II Accreditation assessment of APL125
The GCF Accreditation Panel recommends the accreditation of Bancóldex, a Colombian state-owned development bank, as a national direct access entity. The bank is recommended for a 'medium' project size category (USD 50 million to USD 250 million) and a 'medium' environmental and social risk category (B/I-2). While Bancóldex demonstrated strong fiduciary capacities in project management, grant allocation, and on-lending, the panel identified gaps in whistleblower protection, gender policy, E&S information disclosure, and grievance redress mechanisms. These gaps are framed as conditions for accreditation to be met either before the master agreement becomes effective or before the first funding proposal is submitted.
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Document type: Report
Building Sustainably: Mass Timber
Mass timber, including cross-laminated timber, offers a lower-carbon alternative to steel and concrete, potentially reducing building material emissions by 13% to 26.5%. In the U.S., the number of projects grew to 1,860 by June 2023, supported by USDA Wood Innovations Grants and the 2018 Farm Bill. While it provides carbon storage and supports forest health by utilizing small-diameter trees, challenges include moisture-related risks like fungi and mold, which require specific mitigation techniques.
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Document type: Fact sheet
Building Sustainably: Mass Timber
The document defines mass timber as a class of engineered wood materials, such as cross-laminated timber, capable of supporting large structures. It highlights benefits including carbon storage, a potential 13% to 26.5% reduction in building material emissions, and wildfire risk mitigation through the removal of small-diameter trees. The text also details U.S. federal support via the USDA Wood Innovations Program and the 2018 Farm Bill, while addressing concerns regarding fire safety and moisture management.
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Document type: Fact sheet
Hoja de Ruta para una Taxonomía en Chile
The report outlines a framework for Chile to establish a national green taxonomy, which would serve as a classification system to identify sustainable economic activities and prevent greenwashing. It recommends that Chile follow a three-step path: adopt existing international taxonomies (such as those from the EU, China, or Climate Bonds Initiative), adapt them to local contexts, and lead the development of new criteria for sectors lacking international benchmarks, specifically mining. The document identifies energy, transport, construction, and industry as priority sectors for mitigation, while emphasizing that adaptation and resilience criteria must be developed in parallel across all sectors. It proposes a three-level governance structure involving government ministries, technical coordinators, and industry experts, and suggests focusing initial applications on green debt instruments.
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Document type: Report
Financiando la construcción sustentable en México
The report examines the potential for green bonds and other sustainable financial instruments to drive the decarbonization of Mexico's construction sector, highlighting existing certifications, market examples, and regulatory goals.
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Document type: Report
Financing low-carbon buildings in Mexico in the green bond market
The document examines the potential for green bonds to drive the decarbonisation of Mexico's building sector. It highlights that while only 10.6% of green bond proceeds from Mexican issuers were allocated to low-carbon buildings as of September 2020, there are significant opportunities, including a USD 18bn potential in Mexico City's housing growth. The briefing details the use of international and local certification proxies, such as EcoCasa, to identify eligible assets under the Climate Bonds Standard and discusses alternative financial instruments like CKDs, CERPIS, and FIBRAS that could be labelled as green.
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Document type: Briefing
Building Movements of MSMEs within India’s Transition to an Inclusive Green Economy
The report details a three-day event focused on 'Local Green Enterprises' (LGEs)—MSMEs that prioritize nature, resource efficiency, and social justice. It examines global green economy trends, applies Gandhian philosophy to local development, and identifies sector-specific roadblocks in India. The document concludes with the 'Delhi Declaration,' which calls for the Government of India to improve public procurement, provide affordable credit, and recognize Triple Bottom Line (TBL) impacts for LGEs.
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Document type: Report
Measuring the Benefits of Green Public Procurement in Canada
The report finds that Green Public Procurement (GPP) in Canada provides significant benefits over business-as-usual (BAU) scenarios, particularly in reducing operating costs and greenhouse gas emissions. By 2035, sustainable procurement for buildings and vehicles could save nearly CAD 2 billion annually in operating costs. While a 'sustainable plus domestic' scenario for steel and cement increases production costs due to the replacement of imports, it generates higher domestic revenue and employment. The report concludes that GPP reduces total emissions and provides substantial savings when measured by the social cost of carbon.
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Document type: Report
ESTUDIO TÉCNICO PARA EL APOYO DE LOS PLANES DE ADAPTACIÓN AL CAMBIO CLIMÁTICO DE LOS SECTORES VIVIENDA, AGUA Y SANEAMIENTO BÁSICO E INDUSTRIA
The report details the technical and financial structuring of climate change adaptation plans for three Colombian sectors: Water and Basic Sanitation, Manufacturing Industry, and Housing, City and Territory. It establishes adaptation goals, indicators, and portfolios of measures for each, while providing estimated costs for prioritized actions. The process highlights a strong reliance on existing Disaster Risk Management (DRD) frameworks and a significant need for knowledge management and technical capacity building across all sectors.
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Document type: Report
Inclusion Matters
The report argues that social inclusion is core to the green economic transition and that citizen-led dialogues are an effective tool for bridging the gap between local stakeholders and national policymakers. It documents experiences from seven 'Hubs'—the Caribbean, India, Mongolia, Peru, Senegal, South Africa, and Uganda—where multi-stakeholder processes were used to identify local priorities and influence policy. Key outcomes include the promotion of fly ash bricks in Bihar, India; the development of a Green-Blue Economy Strategy in the Eastern Caribbean; and the creation of a catchment management plan for the River Rwizi in Uganda. The document concludes with ten policy insights, emphasizing that inclusive transitions require embedded governance systems, robust institutional mechanisms for stakeholder voice, and a focus on 'nexus issues' that link social, economic, and environmental goals.
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Document type: Report
Closing the loop: Using building rubble in construction
The project achieved a 90% reuse rate of demolition waste by carefully deconstructing existing buildings on a 15 ha site. By reusing 4,500 m3 of concrete onsite for fences, casting beds, and pipes, the project saved R649,000 in material and transport costs. Other recovered materials included 3,500 m3 of brickwork for a local school, 2,600 m3 of asphalt, and 6,800 m3 of laterite. The approach avoided greenhouse gas emissions linked to virgin material extraction and processing, with only PVC piping, roof insulation, and sheeting sent to landfill.
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Document type: Case study
Opportunity through action: Skanska
Skanska utilizes its proprietary 'Skanska Color Palette™' to set environmental targets, aiming for its Commercial Development units to produce only Green and Deep Green projects by 2020. The company implements 'Deep Green' standards to achieve near-zero environmental impact, resulting in energy-positive buildings and net-zero energy facilities. These initiatives have led to commercially-exploitable innovations, such as Deep Green Cooling (DGC) and road surface reuse, while attracting increased interest from banks and pension funds seeking green funding opportunities. Additionally, Skanska focuses on climate resilience, as demonstrated by the flood-resilient design of a medical center in New Orleans.
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Document type: Case study
2014 Market Intelligence Report: Built Environment
The report outlines the South African regulatory landscape for construction, highlighting the role of the National Building Regulations and Building Standards Act and SANS 10400-XA in driving energy efficiency. It identifies the commercial property sector as the primary driver of green building certifications, while noting significant opportunities for 'greening' the social housing sector in the Western Cape through alternative building technologies (ABTs) and improved thermal performance standards. The document also details the role of the NHBRC in approving ABTs and the Western Cape Provincial Government's Green Economy strategy.
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Document type: Report
Greencape Market Intelligence Report 2014: Greening South African Buildings
The report analyzes the South African green building sector, detailing the regulatory environment governed by the National Building Regulations and SANS 10400. It highlights the growth of the commercial green building market, the adoption of alternative building technologies (ABTs) in social housing, and specific strategic initiatives in the Western Cape to promote a green economy.
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Document type: Report
The Value and Impact of Building Codes
The authors contend that mandatory minimum building codes are essential for public safety and environmental sustainability. They advocate for a three-year update cycle to keep pace with building science and technology, arguing that current codes—specifically the 2012 International Energy Conservation Code (IECC)—significantly reduce energy waste and operational costs for homeowners. The paper highlights the role of the International Code Council (ICC) and the National Fire Protection Association (NFPA) in creating consensus-based standards. It also emphasizes that statewide adoption of these codes reduces disaster-related losses and supports the competitiveness of U.S. building suppliers against international competitors, particularly those in Europe.
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Document type: Research paper