About

The Climate Finance Accelerator (CFA) is a £12.6 million technical assistance programme funded by International Climate Finance (ICF), through the UK government’s Department for Energy Security and Net Zero (DESNZ).

The CFA is part of the UK’s efforts to support climate action at scale by providing practical ways to help governments in emerging economies finance and deliver their climate commitments under the Paris Agreement, including their national climate plans and Nationally Determined Contributions (NDCs).

By bringing together project developers, finance providers (including experts from the City of London) and policymakers, the CFA seeks to enable a collaborative approach to unlocking a steady flow of funding for climate projects at scale and create a pipeline of ‘investment ready’ low carbon projects, thereby strengthening countries’ ambitions to limit global warming to 1.5°C. Co-benefits from the programme include improved gender equality and social inclusion and building resilience to climate impacts.

Assistance Criteria

• Be designed to achieve measurable climate outcomes in terms of direct or facilitated greenhouse gas emission reductions.
• Have a total financing need between USD $5m-$150m. Smaller projects may be considered in special circumstances. Funds or similar structures consisting of multiple smaller projects are also welcomed.
• Be (at least) at the technical pre-feasibility stage of development.
• Have a business model that will generate commercially viable returns in the long-term.
• We strongly encourage projects that can demonstrate positive social impacts and how they contribute to furthering gender equality and social inclusion.

Countries

Support

Minimum – 5,000,000
Maximum – 150,000,000