Climate finance @responsAbility
STRONG INCREASE OF CO2 SAVINGS in 2019
In 2019, we celebrated 10 years of pioneering climate finance with a 34% increase in CO2 savings compared to 2018.
Projects financed in 2019 alone accounted for 4.4 million t of expected lifetime CO2 emission reduction, bringing the total to 17.2 million t, a 34% increase compared to 2018.
The Fund's invested portfolio continued to grow, ending the year at USD 578 million.
Since the Fund’s inception, partner institutions have disbursed a cumulative amount of USD 795 million through 74,474 sub-loans, a 36% increase over 2018.
Five new partner institutions were added to the portfolio, which now includes 38 counterparties in 23 countries.
In 2019, the Fund's Technical Assistance Facility launched 56 new projects to support partner institutions with know-how and technical support, thus continuing to develop and strengthen relationships with partner institutions.