Database / Climate Finance Database / FP010 / risk_structure
risk_structure
De-Risking and Scaling-up Investment in Energy Efficient Building Retrofits
| risk_id | canonical_project_id | financing_component_id | risk_type | risk_bearer | risk_severity | mitigation_mechanism | mitigation_instrument_id | residual_risk_level |
|---|---|---|---|---|---|---|---|---|
| GCF_FP010_RISK_001 | GCF_FP010 | — | Market / Demand Risk | Project beneficiaries (households, building owners); Financial intermediaries | — | GCF grant financing ($14M) to subsidise EE loans making retrofits more affordable; establishment of measurement, reporting and verification (MRV) measures; awareness campaigns; development of policy frameworks to stimulate demand | — | — |
| GCF_FP010_RISK_002 | GCF_FP010 | — | Policy / Regulatory Risk | UNDP; Government of Armenia (Ministry of Nature Protection / Ministry of Environment) | — | GCF technical assistance ($6M) for development of policy frameworks; UNDP co-funding ($1.4M) and Ministry of Nature Protection co-funding ($0.4M) to support policy reform; building codes and norms development | — | — |
| GCF_FP010_RISK_003 | GCF_FP010 | — | Information / Awareness Risk | Project beneficiaries (households, building owners, municipalities) | — | Technical assistance component to overcome lack of information and awareness about benefits of retrofitting; establishment of MRV measures to demonstrate energy savings | — | — |
| GCF_FP010_RISK_004 | GCF_FP010 | — | Financial / Credit Risk | GCF; Financial intermediaries providing EE loans | — | De-risking through GCF concessional grant ($20M including $14M for loan subsidies); combination of policy and financial de-risking instruments; targeted financial incentives to improve risk-return profile | — | — |
Field Evidence
Market / Demand Risk
GCF grant financing ($14M) to subsidise EE loans making retrofits more affordable; establishment of measurement, reporting and verification (MRV) measures; awareness campaigns; development of policy frameworks to stimulate demand
Policy / Regulatory Risk
GCF technical assistance ($6M) for development of policy frameworks; UNDP co-funding ($1.4M) and Ministry of Nature Protection co-funding ($0.4M) to support policy reform; building codes and norms development
Information / Awareness Risk
Technical assistance component to overcome lack of information and awareness about benefits of retrofitting; establishment of MRV measures to demonstrate energy savings
Financial / Credit Risk
De-risking through GCF concessional grant ($20M including $14M for loan subsidies); combination of policy and financial de-risking instruments; targeted financial incentives to improve risk-return profile