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The GEF and the Private Sector


Private Sector Spotlight 

Cleantech Winners Keep Winning!

Free the Seed's success story continues beyond Cleantech. The 2014 GCIP winner from Malaysia went on to secure an investment from and manufacturing partnership with a leading multinational technology company.

 

The GEF is expanding engagement with the private sector. 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. Private sector engagement is also a priority in GEF-6, the funding cycle. As part of its GEF-6 Replenishment and GEF 2020 Strategic Planning, the GEF is actively developing a new framework to mainstream its engagement with the private sector.

The GEF has a long history of private sector engagement with a number of successful projects. The experiences of the GEF and its Agencies to engage private sector partners and catalyze private sector investment have been proven successful using four different interventions to promote innovative approaches. Moving forward, the GEF aims to expand private sector investment and commitment to environmental solutions across GEF’s focal areas and signature programs.

Built on the lessons learned, GEF-6 is undertaking a more holistic and comprehensive approach by mainstreaming private sector engagement across GEF focal area strategies and proposed integrated approach pilots. Specifically, the focal area strategies identify potential opportunities to enhance private sector engagement; the integrated approach pilots also emphasize and explicitly include private sector engagement. In addition, a new Non-Grant Pilot Program will support innovative financing models.

GEF's Experience with Private Sector   GEF-5 and the Earth Fund    Working with the GEF   Global Cleantech Innovation Programme

Learn about the GEF's proven ability to provide grant funding targeted to enabling policy support, incremental finance for risk reduction, support alliances, and provide technical assistance to address systemic barriers to private sector investment. Read more
GEF-6 will expand private sector engagement with new GEF Non Grant Instruments.

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Several projects and initiatives launched in GEF-5, are addressing critical areas for private sector engagement. Read more
Learn about the GEF Earth Fund, an innovative pilot Public Private Partnership (PPP) initiative, managed by the IFC.

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Learn about private sector opportunities in all GEF Focal Areas. Read more
How to Work with the GEF provides private sector with guidance on modalities and requirements. Read more
Follow the development of the new Non-Grant Pilot Program and associated opportunities for the private sector.

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The GEF-UNIDO Global Cleantech Innovation Programme aims to encourage innovation in Small and Medium Enterprises (SMEs) through a competition and incubation pilot, building on the success of the South Africa Clean Tech Open held in November 2011 at COP17.

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For more information, contact the GEF private sector lead, David Rodgers at drodgers@thegef.org