Social and
environmental
management

for sustainable investing

GCPF focuses on sustainable investments in clean energy projects in emerging and developing markets with a positive impact on the climate. The fund carefully manages social and environmental risks in this context. In addition to meeting general financing criteria, all projects funded by GCPF must comply with a set of social and environmental management criteria defined in GCPF’s Social and Environmental Management System (SEMS). GCPF monitors compliance with these criteria before and during the investment phase and takes corrective actions where necessary.

Investees must comply with

  • A social and environmental exclusion list
  • Locally applicable social and environmental laws
  • IFC Performance Standards

The SEMS screening process focuses on four main areas

  • Human rights
  • Labour standards
  • Environmental impact and impact on communities
  • Corruption

External audits of the SEMS are carried out periodically to identify any gaps in its scope or content.