Call for
Catalytic Climate Finance Facility Initiative 2025

Application Deadline:
24 April 2025
About Organisation
Climate Policy Initiative (CPI) is a leading analysis and advisory organization committed to promoting sustainable economic development while tackling climate change. With expertise spanning finance and public policy, CPI works closely with governments, businesses, and financial institutions to design innovative strategies that support economic growth and environmental resilience. CPI’s vision is to build a sustainable, inclusive, and resilient global economy through forward-thinking financial and policy solutions. Its initiatives are grounded in deep research and aim to support both climate mitigation and adaptation efforts. The organization collaborates with partners worldwide to mobilize investment in climate-positive ventures and ensure that climate finance flows to the regions and sectors where it is most needed. CPI’s approach emphasizes innovation in blended finance models, enabling the leveraging of private capital in developing economies to address the pressing challenges of climate change. Through its various projects, including the Catalytic Climate Finance Facility, CPI continues to play a transformative role in building financial structures that support climate resilience, especially in underfunded and high-impact areas. CPI’s ultimate goal is to create systems that not only address the environmental crisis but also drive long-term socioeconomic development in the world’s most vulnerable regions.
About the Grant
The Catalytic Climate Finance Facility (CC Facility), established through a partnership between CPI and Convergence, has announced its fourth call for proposals. This grant cycle focuses on innovative, scalable, and market-ready blended climate finance solutions tailored to developing economies. The 2025 round specifically targets sustainable agriculture in Sub-Saharan Africa and South Asia, as well as broader climate adaptation and mitigation projects throughout the Asia-Pacific region. Eligible projects may address a variety of climate challenges, including renewable energy deployment, marine conservation, biodiversity protection, and climate-resilient agriculture. These projects must utilize blended finance approaches such as debt, venture capital, or project finance platforms to mobilize private investment. The CC Facility is designed to support solutions that can bridge funding gaps in climate action by unlocking private capital, especially in underfunded and high-impact regions. By offering not only grant funding but also tailored technical assistance, the facility aims to accelerate implementation and scaling of these projects. Support includes strategic guidance, operational support, and fundraising assistance to overcome market barriers. The initiative reflects CPI’s broader mission to transform climate finance by nurturing innovative financial models that build ecosystems and generate long-lasting impact for vulnerable communities.
Who can Apply?
The Catalytic Climate Finance Facility invites applications from organizations or consortiums developing blended finance structures aimed at climate mitigation and/or adaptation in developing economies. Eligible applicants include advisory firms, foundations, not-for-profits, private enterprises, and fund managers. The target sectors for this grant cycle include sustainable agriculture in Sub-Saharan Africa and South Asia, along with climate adaptation and mitigation initiatives in the Asia-Pacific region. While applicants themselves do not need to be domiciled in a developing country, the project beneficiaries and activities must be. Preference will be given to local applicants who can demonstrate a deep understanding of local challenges and have established engagement with community stakeholders. Projects must be in a market-ready stage—having moved beyond the proof-of-concept or pilot phase, with feasibility studies completed and a clear plan for implementation and scale-up. The Facility prioritizes initiatives that are positioned for rapid adoption and can leverage private investment effectively to make measurable impacts. Blended finance structures proposed must show potential for sustainability, scalability, and alignment with climate action goals, ensuring both environmental and socioeconomic benefits in the target regions.
How to Apply?
Applicants must submit a concept note via the CC Facility platform by the stated deadline. All proposals must align with the grant’s eligibility criteria and demonstrate climate-focused, blended finance strategies.
Application Deadline
All concept note applications must be submitted by Thursday, April 24, 2025, no later than 23:59 PST.
Last Date to Apply
The final date to apply for this grant opportunity is April 24, 2025. Late submissions will not be accepted beyond the 23:59 PST deadline.
Grant Amount
Selected projects will receive up to USD 500,000 in funding, along with technical assistance for strategy development, operations, and fundraising support to scale climate-focused finance solutions.
Last Date To Apply
For more information, please visit the grant website here.