Climate Finance Accelerator Kenya: Call for Proposals

About

The Climate Finance Accelerator Kenya is inviting proposals from businesses and projects seeking funding to create measurable climate impacts, offering a total of $3 million in funding, investment facilitation, expert mentorship, and access to an international climate finance network, specifically targeting initiatives in clean energy, sustainable transport, and other climate-focused sectors.

Benefits

• 💰 Financial Support
• Total funding of $3 million available for climate initiatives.
• 🤝 Investment Facilitation
• Access to investment matchmaking services to connect with potential investors.
• 🎓 Expert Mentorship
• Customized support including expert guidance on technical and gender equality issues.
• 🌐 Network Access
• Opportunity to connect with the international climate finance network.
• 📈 Increased Investor Appeal
• Enhance attractiveness to investors through tailored support and resources.

Eligibility Criteria

• 🌍 Geographic Eligibility
• Open to businesses or projects registered and operating in Kenya.
• 💼 Business Stage
• Must be seeking financing with measurable climate impact.
• 💰 Financial Requirements
• Total financing needs must be at least $1 million (some exceptions may apply).
• 📊 Project Requirements
• Projects must complete feasibility studies demonstrating design, cost, risk, and viability.
• 🌱 Industry Focus
• Priority given to sectors such as clean energy, sustainable transport, climate-smart agriculture, green manufacturing, digital climate solutions, circular economy, and blue economy.

Participation Commitments

• 📍 Project Feasibility
• Must complete a feasibility study to validate project viability.
• 💵 Application Submission
• Submission of a detailed proposal outlining project goals and financing needs.
• 👥 Team Composition
• Must demonstrate a capable team with relevant expertise in the climate sector.
• ⏰ Commitment to Impact
• Projects must show intent to deliver positive environmental and social impacts.

Target Region

Open to businesses and projects in Kenya

Target Sector

Focused on low-carbon and climate-related sectors