Discussion » Climate Finance Facility in Southern Africa (SADC) - Green bank model as "bank within a bank"

Climate Finance Facility in Southern Africa (SADC) - Green bank model as "bank within a bank"

Have you heard about the Climate Finance Facility (CFF) in Southern Africa / SADC? The CFF will be a unique application of a Green Bank model, adapted for emerging markets conditions. Rather than establish a new standalone institution, the standard in developed markets, the CFF will be a self-sustaining and distinct entity within the DBSA, with its own balance sheet and dedicated operations. Green banks have shown they can catalyze the market for low-carbon, resilient infrastructure innovations.

 

Are you involved in the establishment of the CFF or do you know someone who is? Blended finance has been mobilised to support the creation of lending capacity for low-carbon, resilient infrastructure innovations in Southern Africa: Convergence and ClimateWorks are partnering with the Coalition for Green Capital (CGC) and the Development Bank of Southern Africa (DBSA) to support the establishment of the Climate Finance Facility (CFF), which hopes to be the first “Green Bank” in an emerging market.

 

More info can be found here

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