Catalytic Climate Finance Facility (CCFacility) – CPI & Convergence

Enriched impact-investor · Found: 2026-04-20 13:14

Partnership between Climate Policy Initiative (CPI) and Convergence providing grant funding and dedicated acceleration services to early-stage and market-ready financial solutions for severely under-financed climate sectors in developing countries. Next intake to be announced.

Source: https://ccfacility.org/

Funding Details

Funder

Climate Policy Initiative (CPI) and Convergence Blended Finance

Funding Goal

Accelerate implementation of innovative, high-impact blended climate finance structures in developing countries. Help the most innovative blended finance vehicles become investable, standardized, replicable, and scalable solutions by providing grants and technical assistance.

Funding Amount

Grants and conditionally recoverable grants of up to USD $500,000. Acceleration support for 12–18 months. Not currently accepting applications; last round (2025-1) closed April 24, 2025. (up to 500.000 €)

Deadline

Unknown (periodic)

How to Apply

Applications via dedicated portal at https://climatefinancelab.submittable.com/. Not currently accepting applications (as of April 2026). Subscribe to newsletter for next cycle announcement. Last round (2025-1) closed April 24, 2025.

Target Region

Developing countries globally.

Contact

info@ccfacility.org

Last Checked

2026-04-20 13:41

Application Checklist

Eligibility

• Must be a blended finance structure/vehicle targeting developing countries
• Check eligibility criteria at https://ccfacility.org/apply before applying

Project Scope

• Vehicle must target climate mitigation or adaptation
• Must demonstrate potential for standardization, replication, and scaling

Required Documents

• Monitor CC Facility newsletter for next application cycle opening
• Apply via https://climatefinancelab.submittable.com/ when open

Constraints

• Not currently accepting applications (last round closed April 24, 2025)

Summary

The Catalytic Climate Finance Facility (CC Facility) is a joint programme of Climate Policy Initiative (CPI) and Convergence Blended Finance that accelerates the design and launch of innovative blended climate finance structures in developing countries. The facility provides grants, technical assistance, and acceleration support to help blended finance vehicles become investable and scalable. Programme objectives focus on closing the climate financing gap in developing economies by making innovative blended finance structures market-ready and replicable. The CC Facility targets vehicles that combine catalytic (public or philanthropic) capital with private investment to fund climate solutions that would otherwise be too risky for commercial investors alone. Thematic scope encompasses all climate-relevant sectors in developing economies: blue economy (sustainable fisheries, aquaculture, coastal protection, blue carbon, eco-tourism), clean energy, sustainable agriculture, regenerative land use, nature-based solutions, urban infrastructure, and more. Past vehicles include the Southeast Asia Blue Innovation Facility (maritime decarbonization and blue economy across Southeast Asia), Blue Alliance Blended Finance Vehicle (Marine Protected Areas in Sub-Saharan Africa and Southeast Asia), and various agriculture, energy, and urban finance structures. Eligible activities include development, design, structuring, and acceleration of blended finance investment vehicles. The grant is awarded to the organization developing the vehicle, not to end projects. Vehicles must be in developing countries and must demonstrate potential for standardization and replication at scale. Geographic scope covers all developing countries globally. Past grantees span Sub-Saharan Africa, Asia-Pacific, Latin America, and other developing regions. Eligible applicants are market-ready blended finance structure developers — including fund managers, advisory firms, development finance institutions, NGOs, and others capable of developing investable financial vehicles. Grants up to USD $500,000 are combined with 12–18 months of acceleration support including technical assistance, network access, and Convergence membership. The CC Facility is not currently accepting applications; the last round (2025-1) closed April 24, 2025.

Historical Context

Partnership between Climate Policy Initiative (CPI) and Convergence Blended Finance. Has awarded USD 6.39M across 17 vehicles including Southeast Asia Blue Innovation Facility, Blue Alliance Blended Finance Vehicle, and others with blue economy focus. Funded by Global Affairs Canada, Gates Foundation, DFAT, IDRC, and The Rockefeller Foundation. Targeting USD $100M of catalytic donor capital. Application cycles run approximately annually.

Why it was added

discovered from funder #16: Convergence – Blended Finance Platform

Sources

• https://ccfacility.org/

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