Private Sector Facility: A Review Note for the 9th Meeting of the Green Climate Fund
As part of its business model the Green Climate Fund (GCF) is planning to raise money from private sectors actors. The Private Sector Facility (PSF) is to address barriers to private sector investment in both adaptation and mitigation activities, so as to mobilise private capital and expertise at scale in accordance with national plans and priorities. This will include facilitating and enhancing the participation of national, regional and international private sector actors in developing countries. In particular, the PSF will look to involve local actors, including small and medium sized enterprises (SMEs), and local financial intermediaries. The Facility will also support activities to enable private sector involvement in Small Island Developing States (SIDS)~and least developed countries (LDCs).