The United Nations Environment Programme’s (UNEP) Climate Finance Innovation Facility (CFIF) supports finance-industry engagement in the new climate sectors Renewable Energy and Energy Efficiency. The Facility provides developing country financial institutions with technical assistance and funding for the development of climate focused financial products and services.
A third call for proposals has been issued s from financial institutions based in developing countries of the Asia-Pacific region. The application procedure consists of a two-step process:
- 1st Step – Submission of concept note to present the basic elements of the proposal (max. 3 pages).
- 2nd Step – Successful submissions will be short listed and invited to submit full proposals.
A broad range of activities are eligible for support, ranging from feasibility studies, to market assessments and legal reviews. The overall aim of CFIF is to help mobilise a scaling up of financial flows into climate change solutions. More broadly, by encouraging early action within the finance community, the facility helps cultivate on-the-ground leadership amongst financial actors that can have replication effects across markets and geographies.
Deadline: 30 September 2012
For more information, visit this link. Only financial institutions in developing countries in the Asia Pacific region can apply for this grant opportunity.
