Scalable
The Dutch Fund for Climate and Development (DFCD) is looking for scalable climate solutions in Uganda, Kenya and Bangladesh.
Win development capital and the opportunity to pitch your solution at the COP26 in Glasgow!
DFCD Going Live!
The Dutch Fund for Climate and Development (DFCD) is organising an extra push for proposals by launching the ‘Scalable Climate Solutions Challenge’ in Uganda, Kenya and Bangladesh.
For each country, we are organizing an interactive event to discuss the local climate challenges and how the DFCD could support potentially bankable climate projects in scaling successfully, and generating social and environmental development.
Solutions’ landscapes
The effects of rising sea levels, flooding, droughts and unpredictable weather patterns are all major threats to fragile ecosystems and societies that depend upon these ecosystems services. A business proposal for the challenge should strengthen the resilience of the landscapes in our three focus countries.
Uganda
The Greater Virunga Landscape is situated in the south-west of Uganda bordering on the
Democratic Republic of Congo and Rwanda. This landscape has the highest biodiversity of Uganda and comprises ancient tropical forests, ice-capped mountains, active volcanoes, savannah, swamps and wetlands.
Bangladesh
The landscape in Bangladesh is a riverine floodplain with three major rivers; the Ganges, the Brahmaputra and the Meghna. The coastal zone of Bangladesh is home to significant
aquatic and terrestrial ecosystems.
Kenya
The South of Kenya North of Tanzania, also known as the SOKNOT landscape, is home to
three major ecosystems: the Mau-Mara-Serengeti, Amboseli-West Kilimanjaro and
Tsavo-Mkomazi. All are connected by important wildlife migratory corridors.
Application Criteria
Eligible Country
Project is located in Uganda, Kenya or Bangladesh. This could be in or outside the landscapes.
Commercial Viability
Project is potentially commercially viable & financially sustainable.
Rio Marker 2
Principal objective of the project is to improve climate adaptation or mitigation (according to the OECD Rio Marker 2 methodology).
National Ownership
Aligned with national development plans and priorities of the host country, and the project is aligned.
Vulnerable Groups
Includes objectives or activities aimed at vulnerable groups (poor, disabled, children, other) and/or generating positive impact for women.
No Excluded Activities
No Activities such as Deforestation, Fossil Fuels, or Nuclear Energy. There is a full list that can be requested.
Size of the Organisation
Lead organisation receiving funding should be a private sector entity and have total value of assets or annual turnover of at least 6 million Euros.
Long term need for finance
Project has the potential to scale up with a long term finance need of at least 6 million Euros.
Co-investment
Project should be able to co-invest, cash/in kind via own or external resources, at least 25% development grants sought from DFCD, which is up to 350.000 Euros for this challenge.
Financial Additionality
Should have the ambition for seeking long-term financial support from DFCD and other sources of finance are currently sparse
Challenge Timeline
Win development capital and technical assistance
Over 1 million euros in development contribution will be available to support the three most viable climate solutions. The overall winner of the challenge will get the opportunity to present at COP26 this year in Glasgow, Scotland.
All selected businesses and projects will receive support from WWF and SNV (the DFCD’s Origination Partners), which will help them become (more) eligible for DFCD follow-on debt or equity finance.
How to Apply?
If you have any questions, please e-mail origination@thedfcd.com