The Private Financing Advisory Network (PFAN) has opened the call for Climate & Clean Energy Projects that deliver adaptation-related and climate resilience benefits in West Africa.

PFAN is looking for commercially viable projects that can demonstrate that they contribute to a decrease in climate vulnerability and/or an increase in climate resilience.
 
The following sectors have been identified and targeted for PFAN intervention in the area of Climate Change Adaptation:
  • Agriculture (upstream and downstream, including agribusiness and processing)
  • Ecosystem Services
  • Forestry
  • Urban Development
  • Health
  • Energy & Access to Energy
  • Water
  • Waste
  • Microfinance/-Insurance
  • Tourism
  • Adaptation products and services
 
Investment amount (ASK)
For ALL Projects, the investment ask should lie between US$1 million and US$50 million. This may be disbursed in smaller tranches as requested.
 
ONLY for Energy Access and Rural Electrification Projects (clean cook stoves, solar home systems, mini grids) an exception is made, and the investment ask can lie between US$500 thousand and US$50 million. This too may be disbursed in smaller tranches as requested.

Eligibility Criteria

  • PFAN accepts applications from West Africa.
  • To be eligible for PFAN support, applicants project or business must provide climate change adaptation benefits, or offer or use clean energy technologies, products or services.
  • PFAN is technology neutral, which means they do not prefer any technology over any other.
  • Proposals should demonstrate that the project is commercially and technically viable, and requires no or only minimal grant funding.
  • If applicants project currently receives grant funding or has done so in the past, that does not affect eligibility.

Eligible Project

  • Projects and businesses which deploy clean and renewable energy and/or climate change technologies for productive uses;
  • Greenfield & brownfield utility projects, independent power producer and distributed generation projects (for both thermal and electrical energy);
  • Existing projects which are operating at small or pilot scale and which are ready for scale-up;
  • Projects which increase access to energy for remote communities, including rural electrification, off-grid and mini-grid projects, thermal energy and clean cooking solutions;
  • New or expanding business ventures in clean energy and related technologies, including downstream projects (focused on deployment of existing technologies) and upstream projects (focused on development and commercialisation of a new clean technology);
  • Mergers, acquisitions or joint ventures, which will add value to an existing clean energy / technology business.
Application submission deadline: 18 August 2019
 
Source: The Private Financing Advisory Network (PFAN) 

Illustration Photo: Solar dryers based on African beds to dry coffee more efficiently and give a better cup quality are seen on the patios of San Francisco de Asís Coffee Processing Central in Cabañas municipality, La Paz, Honduras. (credits: Maren Barbee / Flickr Creative Commons Attribution 2.0 Generic (CC BY 2.0))

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Adalidda's Team

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