Ten Year Strategy
GYCAF will be working to close the USD 100 billion pledge between 2020 and 2030. Since the fund will be open-ended, the goal is to encourage private sector donors to contribute towards fulfilling our pledging quotas and still be able to disburse funds as needed to grantees and investees on a rotational basis. Fundraising efforts for the fund will include lobbying at UN Climate events, liaising with private donors, foundations and grants, and approaching investment funds to co-finance term sheets.
At the end of the 10 year cycle, performance of existing vehicles and portfolios will be reviewed and a determination will be made whether to close the fund or restructure the investment activities with more ambitious targets.