Climate finance @responsAbility

Climate finance @responsAbility: strong increase of CO2 savings in 2019

July 20201 min readClimate FinanceEnergy, Green Lending

In 2019, we celebrated 10 years of pioneering climate finance with a 34% increase in CO2 savings compared to 2018.

IMPACT: 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.

SCALE: The Fund's invested portfolio continued to grow, ending the year at USD 578 million.

OUTREACH: 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.

DIVERSIFICATION: Five new partner institutions were added to the portfolio, which now includes 38 counterparties in 23 countries.

KNOW-HOW TRANSFER: 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.

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Read more 2019 ANNUAL REPORT