CATALI.5°T Initiative: Concerted Action To Accelerate Local I.5° Technologies – Latin America and West Africa (GCF-FP198)

Countries
  • Argentina
  • Benin
  • Burkina Faso
  • Costa Rica
  • Dominican Republic
  • Guinea
  • Honduras
  • Ivory Coast
  • Mauritania
  • Mexico
  • Niger
  • Senegal
  • Togo
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Green Climate Fund (GCF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Oct 17, 2022
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
German Agency for International Cooperation (GIZ)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
  • Energy
  • Infrastructure
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 26.80 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Grant Amount (USD)
$ 26.80 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 36.50 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Bank Documents
Primary Source

Original disclosure @ GCF website

Updated in EWS Oct 5, 2022

Disclosed by Bank Sep 26, 2022

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The CATALI.5°T Program aims to implement an acceleration program and a pre-acceleration program in each region (Africa and Latin America), to promote climate ventures.

Acceleration programme: will provide support to 60 (30 in each region) seed-stage climate ventures enabling them to: (i) further develop or validate their products or services; (ii) enhance the success of their products and services through market demonstration, development of growth strategies, partnership development, etc.; and (iii) maximise the climate impact of their products and services through recognised climate change mitigation assessment and, where relevant, assessment and strengthening of climate adaptation co-benefits. This support will take the form of technical and financial assistance (in the form of a repayable grant ranging between EUR 50,000-200,000.

Pre-acceleration programme: will provide support to 120 (60 in each region) less mature pre-seed ventures, encompassing technical assistance (capacity building, mentoring, networking, etc.) and financial assistance (in the form of a grant to each climate venture of up to EUR 15,000)

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

German Agency for International Cooperation (GIZ)

Friedrich-Ebert-Allee 32 + 36
53113 Bonn
Telefon: +49 228 44 60-0
Fax: +49 228 44 60-17 66

Dag-Hammarskjöld-Weg 1-5
65760 Eschborn
Telefon: +49 6196 79-0
Fax: +49 6196 79-11 15

info@giz.de

GCF Headquarters
G-Tower, Songdo Business District
175 Art center-daero
Yeonsu-gu, Incheon 22004
Republic of Korea
EMAIL CONTACT FORM

Independent Redress Mechanism:

https://irm.greenclimate.fund/case-register/file-complaint

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