GCF has a Private Sector Facility (PSF), with the primary mission to engage both the local and global private sector to support climate change mitigation and adaptation projects in developing countries.
Through active engagement with partners, PSF can act as a catalyst for funding high impact, transformative and innovative climate projects and activities in developing countries.
PSF aims to change the current paradigm by de-risking the delivery of private capital and scaling up private sector investment flows for low carbon and climate resilient development.
GCF has relatively high risk appetite and wants to encourage its partners to venture into new territories for low carbon and climate resilient investment.