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The program of Climate Finance Accelerator (CFA), is a financial asset management system (EMS). global technical assistance program, funded by the United Kingdom (UK).
The CFA program operates in nine countries: Colombia, Egypt, Mexico, Nigeria, Pakistan, Peru, South Africa, Turkey, and Fritnam. It seeks to achieve its decarbonization goals under the Paris Agreement by generating a portfolio of bankable projects and identifying the main financing barriers to overcome them with the help of ecosystem stakeholders.
In Peru, we are initiating the third phaseThe second successful phase was carried out between December 2022 and May of this year.
These are the benefits that CFA participants will receive:
- Access to investors. The CFA program gives project proponents the opportunity to generate connections with potential investors.
- Mentoring and learning from best practices. Through training sessions focused on project needs and knowledge sharing on what funders consider when deciding to invest, project developers will gain valuable information and build capacity to make their projects stronger and more mature.
- Networking opportunities. Project proponents will have the opportunity to expand their networks with investors and other key local and international stakeholders in the climate finance landscape.
- Increased visibility. Participating in the CFA program and its events can increase a project's visibility among a variety of stakeholders, including national and international policymakers.
- Identify and communicate environmental and social impacts. The program has climate, sectoral and social impact specialists and can help projects support local and national climate ambitions, as well as help highlight co-benefits such as reducing poverty, boosting gender equality, increasing social inclusion and combating biodiversity loss.
The CFA program seeks to work with projects that have the following characteristics:
- The project design generates greenhouse gas emission reductions, either directly or indirectly.
- The project is (at least) in the pre-feasibility stage.
- The project has a clearly defined business model.
- The project requires financing of $1 million or more.
Projects must meet certain eligibility criteria, which will be evaluated based on the information gathered in the application forms. The CFA program considers the following 4 main criteria for project selection:
To participate follow these steps:
- Consult the terms and conditions of the call for applications.
- Enter the registration link: https://bit.ly/proyectocfa
- Fill out the project application form (you can enter more than once to complete the form).
The call for for projects will be open from September 25 htion of the November 10, 2010 and applies to all those climate initiatives of interested public or private entities that require funding of at least 1 million and are at least in the pre-feasibility stage.
Consult the repository of questions and answers here.
Do you have questions or comments?
For any questions, please write to the following email address: [email protected]
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