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

credit:

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

How's Your Community Doing?
Check Out it's
Community Vital Signs

Rosie's House in Phoenix Expands Free Afterschool Music Program
Foundation: Halle Foundation

Rosie's provides free music lessons for students from pre-K through 12th grade in a variety of disciplines including strings, winds, brass, mariachi, choir, digital music, piano, guitar and...more

University Junior Continues 'The Legacy of Phenomenal Musicianship,' Sets the Foundation For ...

University junior Arcangel aspires to be a well-known jazz musician through the universitya€™s program.In his senior year of high school, Arcangel received word that he would be named the...more

Coronado Creates, the State of the Arts

Coronado CREATES: A 10-year Strategic Plan for Arts and Culture.The final plan and Commission recommendations will be presented to the City Council for action in late February/early March.The...more

Young People's Theater Performs 'The Wizard of Oz'

Young People's Theater performs 'The Wizard of Oz' Sheridan Arts Foundation Young Peoplea€™s Theater production of the classic children's book.After a tornado whisks her away to the magical...more

Long Beach Community Create and Continue Holiday Philanthropy
Foundation: Long Beach Community Foundation

Since 1955, the Long Beach Fire Department has sought to provide toys for children in need through their "Spark of Love" Toy Drive in the month of December.The drive accepts monetary donations...more

Fmactce, Big Win Philanthropy Partner on Job Creation

Big Win Philanthropy has pledged ₦40 billion to support Nigeria's creative and cultural industries.The collaboration aims to foster youth empowerment, unlock innovation, and create sustainable...more

'It's Definitely A Blessing': Saint Nick's Kicks Shoe Drive Gifts Record Number of Shoes

The Youth Philanthropy Council hosted its 'Saint Nick's Kicks Shoe Drive,' looking to break the world record for the most amount of shoes gifted in a day.Volunteers preparing for the event on...more

Alumni, Friends Respond to Giving Tuesday

An Ole Miss Women's Council fund paying tribute to Jennifer Lawrence Bordelon received 27 gifts on Giving Tuesday 2024.The Helen Ward Kellum Legacy Award for Excellence in Theatre Arts to cover...more

Mizzou Dance Marathon Philanthropy Begins

The Mizzou Dance Marathon is a 13.1-hour standing and dancing event.The event benefits the local University of Missouri Children's Hospital.This year the student-led philanthropy is attempting to...more

There Are Now More Ways to Donate to Nonprofits

Donating to a crowdfunding campaign might make more sense than sending money "through a charitable funnel" GiveDirectly finds that cash donations are a dignified way to empower poor people.ALSAC gets...more