We are pleased to announce that today the UK PACT (Partnering for Accelerated Climate Transitions) programme has launched a new funding opportunity in Colombia within the Green Finance sector.
The Colombia-UK PACT Colombia Country Fund is seeking to extend its support under the UK-Colombia Partnership for Sustainable Growth to expand Green Finance. The deadline for submitting an Expression of Interest (EOI) is 15 November 2024, 17:00 COT / 22:00 UTC.
What are we looking for?
This Call for Proposals aims to contribute to closing the financial gap needed to achieve Colombia’s NDC goals. It seeks to accelerate the adoption of sustainable strategies in the financial sector that promote green and climate financing, while increasing public and private investments into green and nature projects. The focus will be on two areas of intervention:
Area of intervention 1: Support the adoption of green and climate-related practices and standards in the financial sector to accelerate the flow of green finance into the market.
Area of intervention 2: Enhance structuring capacity for green projects to achieve financial closure and unlock green finance flows.
Who can apply?
- Profit and non-profit organisations can apply, but all projects must be on a not-for-profit basis. If applying as a consortium, the consortium lead can either be a non-profit or a for-profit organisation.
- Public entities, government agencies and/or departments (including sub-national governments) are not eligible to apply either as a lead organisation or partner in a consortium.
- All consortia must have at least one local partner. The local organisation does not need to be the consortium lead. A local partner is defined as an organisation that operates in Colombia under a National Register of Legal Entities and includes NGOs, companies of different sizes (large or SMEs), grass-root organisations and community associations, among others.
- Both local and international organisations are eligible to apply individually for this Call for Proposals. However, international organisations are strongly encouraged to form consortiums with local organisations.
- Applicants must demonstrate capacities to successfully deliver at least one of the areas of interventions and must provide clear references of having successfully delivered a similar project over the last 5 years.
