The GEF has a long history of engaging business and catalyzing private sector investment and the current GEF CEO Vision Statement makes clear that in order to bring transformational change to the global environment, the public and private sectors must identify new ways of working together.
Building on this experience, the GEF is moving towards a more holistic approach that will mainstream private sector engagement across GEF focal area strategies and integrated approach pilots. We draw on five different interventions to promote private sector engagement and with the Non-Grant Pilot Program the GEF supports innovative financing models. Read more+
- Transform policy and regulatory environments, including feed-in tariffs for renewable energy, incentives that guarantee markets for new approaches and encourage long-term investments.
- Deploy innovative financial instruments, including demonstrations and incremental financing for low-emission, climate-resilient investments, enabling private sector investment to flourish.
- Convene multi-stakeholder alliances to develop, harmonize and implement sustainable practices, creating alliances to promote environmental objectives.
- Strengthen institutional capacity and decision-making to improve information, participation, and accountability in public and private decisions.
- Demonstrate innovative approaches, including validation of a technology, a policy measure or an approach to address environmental degradation that can spur broader adoption.
GEF Interventions with Private Sector
How To Engage
The GEF aims to expand private sector investment and commitment to environmental solutions across GEF’s focal areas and initiatives. Built on the lessons learned, GEF-6 focal area strategies identify potential opportunities to enhance private sector engagement;
The GEF has been expanding its private sector engagement and your interest is welcome.
If you are a commercial, for-profit business and are interested in learning about ways you can partner with the GEF we detail a number of ways we can engage below.
The first step is to contact the GEF Focal Points in your country. Focal Points will be knowledgeable about possible opportunities with GEF funded projects (through the GEF Partner Agencies) in your country.
If you are interested in the Non-Grant Instrument, specifically, please refer to our dedicated page that includes GEF Agencies.
Note that the GEF, as an international organization, works with national governments and partner agencies (multilateral financial institutions and a few non-governmental organizations). GEF Partner Agencies will make proposals for specific projects with private sector partners and national governments.