Apply Now: Gender-Responsive Climate Finance Window Accepting Concept Notes

Introduction to the Gender-Responsive Climate Finance Window

The Gender-Responsive Climate Finance Window is now accepting concept notes for its Fall 2024 round (Cycle 5) until August 30, 2024. Interested applicants can apply here. This funding cycle focuses on climate adaptation solutions at the proof-of-concept stage.

Scope of the Window

Supported by the Government of Canada, the window aims to award early-stage grant funding for designing and launching innovative blended finance vehicles at the intersection of climate change and gender equality in emerging markets. The initiative seeks to mobilize private sector capital and integrate gender equality into the design, implementation, and operations of these vehicles. The window aligns with Sustainable Development Goals (SDGs) 5 (Gender Equality), 13 (Climate Action), and 17 (Partnerships for the Goals).

Types of Funding Available

Applicants can apply for feasibility study or proof-of-concept funding. Feasibility study grants range from USD 40,000 to USD 190,000, focusing on assessing the investability and bankability of the vehicle, market scoping, gender analysis, and stakeholder consultations. Promising feasibility studies may be considered for follow-on proof-of-concept funding.

Proof-of-concept grants range from USD 190,000 to USD 500,000. These funds can be used to finalize the capital structure, conduct fundraising and marketing activities, select implementing partners, and develop a gender action plan based on prior feasibility work. Applications must demonstrate investor interest and commitment and present a financial model.

Importance of Climate Adaptation

As climate change intensifies, it poses significant risks to human life, livelihoods, and economic stability, especially in vulnerable regions. Effective climate adaptation is essential for sustainable development, enabling communities to withstand and thrive amidst changing climate conditions. Global funding and implementation for adaptation strategies have lagged behind mitigation efforts, making the prioritization of adaptation urgent.

For more detailed information, refer to the official website.

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