Climate finance readiness programme (CFReady)

Project details
Country: 
Worldwide
Beneficiary: 
KfW Development Bank
Donor organisation: 
Green Climate Fund
Associated enterprises: 
intec - GOPA-International Energy Consultants
AFC Consultants International
RODECO Consulting
Department: 
Architecture & Urban Development
Project volume: 
3,656,907 €
Currency: 
€
Value of services: 
1,462,763 €
Start of project: 
January, 2014
End of project: 
August, 2016
Project description: 

Institutional setup

The Green Climate Fund (GCF) has been established to promote a paradigm shift towards low-carbon and climate-resilient development. The global objective is the mitigation of climate change and the adaptation to the impacts on the living conditions, the environment, the infrastructure and livelihoods of affected countries and regions. The GCF shall allocate substantial financial resources for investment projects to support countries to develop and implement their respective strategies for climate resilience and the reduction of greenhouse gas emissions.

The following countries are supported by the fund:

  • Africa: Namibia, Zambia, South Africa, Tanzania and Uganda

  • Asia: Bangladesh, Tajikistan, Vietnam

  • Latin America: Peru, Caribbean (regional)

  • MENA: Morocco

Activities to be performed by the consultant include three main components:

  1. Support programs for three selected national and regional development banks with view to their accreditation for direct access to the GCF;

  2. Development of 10 national investment plans related to projects suitable for GCF financing;

  3. National, prioritised project pipelines of existing, updated or new GCF-ready projects, including 30 Pre-feasibility studies (PFS) for GCF suitable projects or – as the case may be – updated and adjusted studies of suitable GCF-ready projects

Management structure

GOPA Consultants and three further companies of the GOPA Consulting Group cooperate closely with the KfW Development Bank and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH offices in the program-countries. In each of the 10 countries and one region, a country coordinator represents the program and organizes the work of local expert teams. International expertise is provided by sector-specialists from GOPA Group headquarters in Germany.

Service description: 

Provision of a core team of experts at the consultant’s headquarter (for centralized tasks), a country coordinator and regional/local staff in each of the 11 project countries (for country-specific tasks)

Services by component:

1) Accreditation support:

  • Analyses, evaluation and support of the selected institutions, including capacity building activities (as needed) and

  • Support on the accreditation process vis-à-vis the GCF

2) Preparation of National Investment Plans:

  • Country and sector specific analyses of national potentials and priorities on mitigation, adaptation and development;

  • Identification of emission-intensive or adaptation relevant priority sectors and sector-specific intervention areas; and

  • Risk Assessment: institutional, technological, environmental, social, fiduciary, financial risks.

3) Preparation of National Project Pipelines:

  • Screening of investment proposals;

  • Implementation of pre-feasibility studies and/or update of existing studies.

  • Technical evaluation and financial review of eligible investment proposals;

  • Economic review of the proposals: simplified Cost-Benefit Analyses / definition of sector result indicators; and

  • Coordination and communication with KfW country offices and involvement of other relevant stakeholders.

Currency: 
€