offering grant funding (up to $500,000) and technical support

To be eligible for consideration, applicants must meet the following criteria:

**Investment Theme:** Solutions focused on climate adaptation and/or mitigation.

**Sectors:** The upcoming application round will prioritize sustainable agriculture solutions in Sub-Saharan Africa and/or South Asia, along with other climate adaptation and mitigation initiatives in the Asia-Pacific region.

**Geography:** Developing countries.

While applicants do not need to be based in a developing country, the end beneficiaries and target activities must be located in such countries. Preference will be given to local applicants who demonstrate a deep understanding of local contexts and engage with relevant local stakeholders.

**Stage:** Market-ready solutions in the early stages of adoption.

This includes blended finance models that have been tested for feasibility, completed proof of concept, pilot(s), or developed a minimum viable product, and are ready for scaling and launch.

**Team & Local Capacity:** Applicants must have a proven track record and experience in the relevant sector and geography, as well as the capacity and willingness to engage with the CC Facility program and maintain an on-the-ground presence. Additionally, structures will be evaluated based on their ability to foster local capacity development, such as knowledge transfer, leadership, and technology sharing, within the target geography.

**Entity Type:** Organizations or consortia, including advisory firms, foundations, non-profits, fund managers, and private enterprises.

Public institutions, such as development finance institutions, multilateral development banks, UN organizations, and government agencies, are not eligible to be the lead applicant or grant recipient.

Eligible applications will be evaluated based on the following criteria:

- **Additionality:** How does the structure differentiate itself from others in the market, and why are existing alternatives insufficient in addressing the development challenge? Does it effectively address climate finance barriers or market failures in a more innovative or efficient way?

- **Catalytic Potential:** Does the structure contribute to climate mitigation and adaptation in developing countries? Is it replicable or scalable?

- **Financial Sustainability:** Are the appropriate stakeholders involved, and do they show sufficient commitment? Is the structure financially sustainable, and what is its runway? What conditions must be met for concessional financing to be phased out?

- **Gender Equality:** Does the structure demonstrate a clear understanding of gender-related risks and opportunities? Is there evidence of, or an intention to integrate, gender considerations throughout the structure?

- **Mobilization:** Can the structure attract significant private capital and engage new types of investors at scale?

Sub-Saharan Africa and/or South Asia, and Asia-Pacific or Southeast Asia