Introduction: Apply for Grants for Nonprofits under Catalytic Climate Finance Facility 2025, In the face of an escalating climate crisis, the world urgently needs innovative financial solutions that can drive large-scale impact. The Catalytic Climate Finance Facility (CC Facility)—a groundbreaking partnership between Climate Policy Initiative (CPI) and Convergence—is addressing this challenge by supporting transformative climate finance models.
If your organization is ready to shape the future of climate finance, now is the time to act. The deadline to submit your Concept Note is April 24, 2025 (23:59 PST). The selection process involves a rigorous review of proposals, shortlisting for interviews, and final selection based on feasibility, innovation, and impact potential.
Last Date of Application: 24th April 2025
Grant Range: 500000 USD
Eligibility Criteria (Apply for Grants for Nonprofits under Catalytic Climate Finance Facility 2025)
The CC Facility supports blended finance structures targeting climate action in developing economies. Applications will be assessed based on a set of qualifying characteristics and key evaluation criteria.
Applicants must meet the following criteria to be eligible for consideration:
Investment theme: Structures addressing climate adaptation and/or mitigation
Sectors: The next round of applications will focus on sustainable agriculture solutions in Sub-Saharan Africa and/or South Asia, as well as other climate adaptation and mitigation solutions targeting Asia-Pacific.
Geography: Developing countries.
Applicants do not need to be domiciled in a developing country but end beneficiaries and target activities must. Preference will be given to local applicants who demonstrate a nuanced understanding of local contexts and engagement with local stakeholders where relevant.
Stage: Market-ready structures moving through an initial adoption stage in their development process
This includes blended finance structures that have already been tested for feasibility, completed proof of concept, pilot(s), or a minimum viable product, and are ready to soon launch and scale.
Team & local capacity: Proven track record and experience in targeted sector and geography, capacity and willingness to engage with the CC Facility program, and on-the-ground presence. Additionally, structures will be assessed on their ability to demonstrate local capacity development (e.g., knowledge, leadership, and technology transfer) in the target geography.
Entity type: Organizations or a consortium of organizations, including advisory firms, foundations, not-for-profits, fund managers, and private enterprises.
Public institutions such as development finance institutions, multilateral development banks, UN and government agencies can not be the lead applicant or grant recipient.
The lead organization must be able to provide proof of incorporation and financial statements for the previous fiscal year.
Evaluation Criteria (Apply for Grants for Nonprofits under Catalytic Climate Finance Facility 2025)
The CC Facility supports blended finance structures targeting climate action in developing economies. Applications will be assessed based on a set of qualifying characteristics and key evaluation criteria.
Applicants must meet the following criteria to be eligible for consideration:
We evaluate eligible applications based on the following criteria:
Additionality:
How does this structure compare to others in the market and why are the alternatives inadequate to address the development challenge at hand?
Does this structure address climate finance barriers or a market failure in a new or more efficient way?
Catalytic potential:
Does the structure contribute to climate mitigation and/or adaptation in developing economies?
Is this structure replicable and/or scalable?
Financial sustainability:
Are the right stakeholders involved? Do they show a sufficient level of commitment?
Is the structure financially sustainable? How much runway does the vehicle have?
What conditions must be met for concessional financing to be phased out?
Gender equality:
Is there a strong understanding of gender-related risks and opportunities in the context of the vehicle?
Is there evidence of (or an intention to improve upon) integration of gender considerations across different aspects of the vehicle?
Mobilization:
Does the structure have the potential to mobilize private capital at scale and/or to attract participation from new segments of investors?
Is there any interest (e.g., soft commitment) from potential investors and funders in the solution? How bankable/investable is the structure?
How to Apply?
To participate in the program, carefully review the eligibility criteria and complete the concept note form.
- Round 2024-1 closed on April 24, 2024.
- Round 2024-2 closed on October 24, 2024.
- Round 2025-1 is currently open until April 24, 2025.
The current round of applications will focus on sustainable agriculture solutions in Sub-Saharan Africa and/or South Asia, as well as other climate adaptation and mitigation solutions targeting Asia-Pacific.
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