Non-Financial
Bethel Advisors; Climate Finance Acccelerator
Description
The Climate Finance Accelerator (CFA) is a £12 million four-year technical assistance programme funded by the UK Government Department for Energy Security and Net Zero. It has been running for two years and currently operates in ten countries (Colombia, Egypt, Mexico, Nigeria, Peru, Pakistan, South Africa, Türkiye, Uganda, and Viet Nam).
The CFA has provided capacity building support for over 135 innovative low carbon projects with a total value of over US $2.9 billion to help them. Selected from pipelines worth over US $64 billion, CFA has helped these projects develop attractive propositions for investment and hosted forums with interested investors in each country and in the City of London. 19 projects have already been successful in accessing financing of over US $286 million.
Investment Details
The CFA supports low carbon projects that are seeking finance. Candidate projects should:
Be designed to achieve measurable climate mitigation outcomes in terms of direct or facilitated greenhouse gas emission reductions.
Have a minimum total financing need of US$1M.
Be (at least) at the technical pre-feasibility stage of development.
Have a business model that will generate commercially attractive returns in the long-term (although some element of concessional financing may be required initially).
We strongly encourage projects that can demonstrate positive social impacts and how they contribute to furthering gender equality and social inclusion.
Funding Procedure
How to apply:
The CFA is open for applications from climate projects seeking support in accessing finance until November 24 2023.
Email applications will not be considered. Please complete the detailed application at the link below.
Submission language: English
https://www.betheladvisors.com/cfa-programme/
Contacts
https://www.betheladvisors.com/cfa-programme/