Deadline: 4 August 2019

The Private Financing Advisory Network (PFAN) has announced a special call for proposals for projects that deliver adaptation-related and climate resilience benefits in Southern Africa.

As clean energy technologies improve and their costs continue to fall, people are becoming increasingly aware of the fact that it is possible to develop commercially viable projects that contribute to climate change mitigation.

PFAN will address this gap, by seeking businesses in various sectors—from agriculture, infrastructure and water all the way to micro-finance, insurance and tourism—which offer opportunities for commercially viable projects to deliver climate adaptation benefits, by reducing climate vulnerability or increasing the resilience of populations to the effects of climate change.

Focus Area

The following sectors have been identified and targeted for PFAN intervention in the area of Climate Change Adaptation:

• Agriculture (upstream and downstream, including agribusiness and processing)
• Ecosystem Services
• Forestry
• Urban Development
• Health
• Energy & Access to Energy
• Water
• Waste
• Microfinance/-Insurance
• Tourism
• Adaptation products and services

PFAN strongly encourages women-led projects to apply for support.

Investment Amount (ASK)

• For ALL Projects, the investment ask should lie between US$1 million and US$50 million. This may be disbursed in smaller tranches as requested.
• ONLY for Energy Access and Rural Electrification Projects (clean cook stoves, solar home systems, mini grids) an exception is made, and the investment ask can lie between US$500 thousand and US$50 million. This too may be disbursed in smaller tranches as requested.

Benefits

• Projects selected for PFAN assistance receive free business coaching. This coaching has been shown to greatly speed up the process of reaching investment-ready status, and consequently shorten the path to finding investment.
• PFAN organises regional and international Investment Forums, where the most promising investment-ready projects are showcased to a group of investors from various categories (private equity, development banks, development funds, clean energy focused investors, and so on), increasing the probability of finding the best investor for applicants project.
• PFAN also has a dedicated Investment Facilitation Team, which ensures investment-ready projects are introduced to target investors, throughout the process.

Eligibility Criteria

• PFAN accepts applications for projects in C
• mercialisation of a new clean technology);
• Mergers, acquisitions or joint ventures, which will add value to an existing clean energy / technology business.

How to Apply

Interested applicants can apply via given website.

For more information, please visit https://pfan.net/call-for-projects-in-southern-africa-next-submission-deadline/