Catalytic Climate Finance Facility (CC Facility) Initiative 2025

The Catalytic Climate Finance Facility (CC Facility) has launched its $500,000 fourth call for applications for high-impact, scalable, and market-ready blended climate finance solutions in developing economies.

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These solutions support a range of initiatives, such as climate-resilient agriculture, marine conservation, biodiversity, climate adaptation, and renewable energy. They do so via blended finance solutions, including debt, project finance platforms, and venture capital.

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The initiative is a partnership between Climate Policy Initiative and Convergence, who are combining their expertise to turn innovative financial vehicles into scalable solutions, to increase the available investable pipeline and grow the climate finance market.

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The initiative aims to be an ecosystem builder and address a market need in scaling blended finance structures and catalyzing capital for climate change.

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Funding Information

  • The CC Facility accelerates the implementation of climate finance solutions by offering grant funding of up to USD 500,000.

Benefits

  • Acceleration Support
    • Customized technical support over 12-18 months
  • Learning Hub
    • Curated knowledge products and services to inform and guide blended climate finance stakeholders: reports and briefings on a variety of topics and themes; webinars, workshops, and learning sessions targeted at diverse audiences; and toolkits for practical use.

Eligibility:

  • The CC Facility supports blended finance structures targeting climate action in developing economies.
  • 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.
    • 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.
    • Entity type: Organizations or a consortium of organizations, including advisory firms, foundations, not-for-profits, fund managers, and private enterprises.
    • 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.

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