22

investment countries

11

m tonnes of projected CO2 emission
reductions from projects financed to date

45

percent average CO2 emission
reductions of projects

622

M USD committed capital
from investors

| Insight

SOLARNOW: ENERGIZING AFRICA OFF THE GRID

SolarNow provides its customers with light and turns them into entrepreneurs, transforming the lives of entire communities.

| Press Releases

GCPF PARTICIPATES IN LARGEST-YET OFF-GRID SOLAR FINANCING FACILITY

The Global Climate Partnership Fund contributes to the largest-yet receivables financing facility in the off-grid solar space benefiting Kampala-based off-grid solar provider SolarNow. The USD 9 m facility is SolarNow’s third structured asset finance instrument arranged by SunFunder. It will enable the company to deploy 17,500 new off-grid solar systems to customers in Uganda, along with a range of appliances.

| Press Releases

GCPF and Nam A Bank to drive green lending in Vietnam

Vietnam’s Nam A Commercial Joint-Stock Bank has joined the ranks of the Global Climate Partnership Fund’s international network of partner institutions and has received a credit facility and technical support to launch its green lending activities in Vietnam. Benefiting from strong policy support of the Vietnamese government for renewable energy and energy efficiency projects, Nam A Bank is highly committed to green lending and positions itself as the country’s market leader in this area.

More GCPF Insights

Global portfolio

GCPF invests in energy efficiency and renewable energy in emerging and developing markets globally

Green Growth outlook

Developing countries drive energy demand and co2 emission growth

project examples

From solar in Nicaragua to energy efficient textile industry in Bangladesh
About GCPF

As an innovative impact investing fund, GCPF provides energy efficiency and renewable energy financing in order to mitigate climate change and drive sustainable growth in developing and emerging markets. The fund mainly invests through local financial institutions but also directly.

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