GCAP is driven by solutions for clients, offering bespoke services and products in long-term support of transformational change. Our consulting and knowledge management services currently support managers holding over $1 billion in funds. Selected project summaries below capture our experience in diverse sectors and regions.
GCAP with Grupo Laera, 2016-2017
This project is the first major investment by Climate Finance Institutions to systematically evaluate the potential market for climate resilience solutions in the private sector. Focusing on transport and agriculture, this initiative examines current best practices and will investigate the opportunities in this emerging sector by identifying the leaders that will shape the emerging market, highlighting products, services, tools and innovative processes, creating an information platform with emerging opportunities for investment, and identifying companies that are candidates for investment. The assessment builds on six country analyses (Colombia, South Africa, the Philippines, Nicaragua, Kenya, and Vietnam) to ground innovation in real stakeholder communities.
Climate and Environment Risk and Finance Management System
GCAP & Atkins, 2015-2017
Atkins and GCAP have been developing an integrated Climate and Environment Risk and Finance Management System for the European Investment Bank. This system allows the EIB to identify and manage climate risks to its investments, and systematically track their contribution to climate finance. The system is integrated within the EIB’s existing project appraisal process, and ensures that all projects have carried out an appropriate level of due diligence for climate risks, and that these risks are being adequately managed. Key components of the project include:
· Tools and methodologies for climate risk screening
· Working with EIB IT teams to develop an integrated risk management system
· Training and capacity-building on adaptation and climate risk management
BRACED: Building Resilience and Adapting to Climate Extremes and Disasters (Fund Manager)
KPMG, IDL & GCAP, 2014-2018
Up to 21 grants for community based adaptation have been provided by DFID to NGOs, primarily in the Sahel and Eastern Africa. The total programme is £140 million with the Fund Manager administering the grants and monitoring progress. GCAP is on the Selection Panel and advises KPMG on good practice and robust investment strategies, providing in- country experts as required.
Guidelines and Screening Tools to Support the Mainstreaming of Climate Change in Africa
GCAP with CSAG/UCT, Atkins, SEI Oxford, 2011- 2016
The Climate Safeguards System (CSS) illustrates how GCAP approaches developing knowledge-led solutions. The CSS allows the AfDB to systematically screen its projects for climate risks and identify appropriate adaptation and climate risk management measures. It comprises two main modules: The Climate Screening module assesses the vulnerability of a project concept to climate change and assigns to the project a category, from most to lease vulnerable. The Adaptation Review and Evaluation Procedures identify adaptation measures for a project; a different set of procedures is followed depending on the category of the project. The CSS is fully bilingual in French and English, and covers projects in 12 sub-sectors.
PROADAPT: Private Models for Agricultural Climate Adaptation in Honduras and Nicaragua
GCAP with Grupo Laera, 2012-2014
Support the Interamerican Development Bank for investment in private sector resilience. Sectors include agriculture (cacao, honey, milk) and tourism. Four project concepts in Honduras and Nicaragua were developed based on GCAP's Climate Resilient Business-Process Methodology. A Framework for monitoring resilience provided an innovative approach based on the M&E context and private sector management capacity, with an online Dashboard to deliver an effective tool for the Bank's staff and development partners. Interactive workshops and a three-week course in Oxford supported in-house capacity in the IDB.
Assessing Options for a Climate Finance Mechanism in Tanzania and Institutional Framework for Climate Change Governance
This study assessed the climate architecture in Tanzania in the context of a proposed National Climate Fund, looking at the institutional organisation from national to federal level, and the options for different types of funds. It has undertaken detailed case studies of a number of existing funds, and is using these to provide options on the structure, timing, operation and instruments for the proposed fund. The work reports to a request by the URT to DFID/World Bank for technical assistance on national-level climate change financing and is engaging with the governments of Mainland Tanzania and Zanzibar.
Country Programme Climate Resilience, Phase 2, Ethiopia
GCAP with GeoSAS, Vivid Economics, 2012-13
Global Green Growth Institute / DFID
Phase 2 of Ethiopia’s Climate-Resilient Green Economy (CRGE) Programme developed a national Climate Resilience Strategy for agriculture, forestry and land use. GCAP assessed the risks of climate change on key sectors of Ethiopia’s economy and identified priorities for building climate resilience to ensure that Ethiopia reaches its ambitious growth and green economy targets, including taking advantage of the opportunities for implementation. The project pioneered an innovative methodology for the economics of climate resilience including multi- attribute assessment of options and phased strategies. Finance options included scenarios of development funding. Working closely with technical committees in government and two short courses, skills and technical knowledge were developed in Ethiopia.
Economic Impacts of Climate Change in Tanzania
GCAP, 2010 - 2011
Policy-makers and stakeholders were targeted in raising awareness of the economics of climate change in the Tanzania. The study investigated the impacts and economic costs of climate change, the costs and benefits of adaptation and the potential low carbon growth. Multiple lines of evidence were integrated in an aggregated analysis (top-down), sector-by-sector national assessment (bottom-up) and case studies. The study assessed the potential impacts of climate change on agriculture, power, tourism and health as an entry point to stimulate government, private sector and civil society actions to develop and implement policies and programmes to adapt to and mitigate (depending on international incentives) climate change. The evidence base informed government’s position on adaptation and low carbon development needs and financing, increased public awareness to the urgency of the climate change challenge and its potential socio-economic impacts and stimulated national debate on the economic costs and benefits of a range of possible actions on adaptation and mitigation.
GCAP led similar studies in Burundi, Ethiopia, Kenya, Nepal, Peru, Rwanda and Zanzibar.