Catalytic Climate Finance Facility Opens Call for Applications of Market-Ready Blended ...


Foundation: Gates Foundation

credit: Wikipedia

The Bill and Melinda Gates Foundation and other major donors are putting their money where their mouth is in an effort to help the world's poorest countries meet climate change goals.

The Climate Finance Facility, a joint initiative from the Gates Foundation, Canada's Department of Foreign Affairs, Australia's Department of Foreign Affairs and Trade, and the Climate Policy Initiative, is offering up to $5 million in grants to help create "market-ready blended climate finance structures" in developing countries, the Guardian reports.

The goal is to get $100 million in such financing by 2024, though the first round of funding ended in December with just over $13 million raised.

The second round is scheduled to open in September with a call for proposals until April 24, 2024, the New York Times reports.

The application window is April 3 to April 24, 2024, with a second round of funding set to open in September.

"As the CC Facility embarks on its second cycle, we are confident that our unique blend of grants and acceleration support services can catalyze the development of the next generation of climate finance vehicles," the managing director of the Climate Policy Initiative says in a statement.

Read the Entire Article


Selected Foundation News

A customized collection of news from foundations from around the Web.

School Board Set to Name Superintendent Finalists

The superintendent of a Georgia school district is stepping down after less than two years on the job. Dalton Public Schools Superintendent Tim Scott, who began in the position in 2018, will take...more

Senate Bill Encouraging Mental and Physical Health Education in Schools Works Its Way ...

"It's more than just food and water and shelter, we now know that as a society, we now know that as a society." That's what an Alaska school board member has to say about a bill that would...more

Challenges of Hinterland Tourism

If you're looking for a getaway from the city that never sleeps, India's Goa is the place for you. But if you're looking for a getaway from the city that never sleeps, Goa is the place for...more

During Nysc, I Sacrificed Pleasure, Became Stingy to Grow My Food Business

When Gladys Markus graduated from her accounting course at Nigeria's Plateau State University last year, she had one thing on her mind: Starting a food business. The then-22-year-old had been...more

Kannada Koota New York Is Reshaping Diaspora Experience: Badari Ambatti

Badari Ambatti and his wife, Roopa Hhaprakash, moved from Bengaluru, India, to Garden City Park in New York about 10 years ago, and since then, they've made a home for themselves and their daughter,...more

Australian Entrepreneur Hailed for Cleaning Philippines' Trash-Strewn River ¬Äď but Will It Last?

"People used to go swimming in it, and then how grateful [they] are for the work that we're doing in conjunction with the government and other organizations," Mike Smith tells This Week in...more

Penticton Prospera Branch Donates $5K to Local Breakfast Program for Kids

"A nutritious breakfast isn't just about filing empty stomachs; it's about nourishing young minds." That's what Vicki Cutler, a branch manager at Prospera Credit Union in British Columbia, had to...more

Devin Booker Starting 5 2023-24 Grant Recipients Announced

Devin Booker is making good on his promise to give $2.5 million to Arizona nonprofits over the next five years. The NBA player and the Phoenix Suns have announced the recipients of the 2023-24...more

Hornady Manufacturing Presents Significant Donation to Ccc

Central Community College in Grand Island, Neb., is getting a major boost in its criminal justice program thanks to a $750,000 donation from Hornady Manufacturing. The money will go to the...more

Juul Speaks at Golden K Club

It's not every day that a group of senior citizens wins a big prize, but that's exactly what happened to seniors in Kingsford, ND, last week. The Dickinson Area Community Foundation's Golden K...more







Social Entrepreneurship
Spotlight



Hugh Jackman: Fair Trade Entrepreneur


Renowned actor, Hugh Jackman, talks about how he started becoming a fair trade entrepreneur. Jackman is constantly building up ideas and solutions to help small coffee growers get good prices outside the massive coffee industry. His business,  Laughing Man Worldwide, reinvests 100% of its profits in its partnerships with farmers.




Federal Government Grant and Assistance Programs



Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders