About the Organization:
Private Financing Advisory Network (PFAN) is a global network of climate and clean energy financing experts that aims to bridge the gap between entrepreneurs developing climate and clean energy projects and private sector investors. Their goals are to build clean energy markets one business at a time, mitigate climate change and mobilise private investment in support of the Paris Agreement on Climate Change and the Sustainable Development Goals.
Call for Climate or Clean Energy Projects
PFAN accepts applications for projects in low- and middle-income countries in Sub-Saharan Africa, South Asia, Southeast Asia, Pacific Islands, Eastern Europe and Central Asia, Central America and Caribbean Islands.
The project/business must promote or use clean energy and/or climate resilience technologies, products or services, including, but not limited to the following technology areas:
- Distributed & Off-grid Generation
- Energy Storage & Conservation
- Energy Efficiency and Demand Reduction
- Waste to Energy
- Emissions Reduction
- Clean Transport
- Tidal / Ocean
- Climate Change Adaptation
- Energy Products from Forestry
- Agriculture and agribusinesses
- Rural Electrification & Energy Access
- Productive use of Clean Energy
- Ecosystem Services
- Urban & Peri-Urban Development
- Water & Sanitation
- To be eligible for PFAN support, your project or business must provide climate change adaptation benefits, or offer or use clean energy technologies, products or services, including, but not limited to, the activity areas below. PFAN is technology neutral, which means we do not prefer any technology over any other.
- Proposals should demonstrate that the project is commercially and technically viable, and requires no or only minimal grant funding. If your project currently receives grant funding or has done so in the past, that does not affect eligibility.
Evaluation process & criteria
- After submitting your proposal, you will receive a confirmation from the Climate Invest system. After you submit, the PFAN team will perform a quick eligibility review of your application.
- If your project is found to be eligible, it will progress to the full evaluation. If it is not eligible, you will receive an email with an explanation and tips on how to improve the application. Evaluations of project proposals take place every quarter.
- Please note that due to the quarterly scheduling of evaluations, it could take up to three months for your proposal to be evaluated. For the dates of the next evaluation round in your region, please contact us.
- Your proposal will be evaluated by a minimum of two experts.
What PFAN offers your project
- Free one-to-one coaching by climate and clean energy financing experts in your country or region: our experts know what investors look for and will help you structure and refine your business plan, and create a pitch that will get investors interested.
- Free investment-readiness assessments: together with your coach, our dedicated Investment Facilitation Team will periodically review your project to see whether it is ready for commercial investment.
- Personalised investor matchmaking services: once your project is investment-ready, the Investment Facilitation Team will provide introductions to investors.
- The opportunity to participate in PFAN Investment Forums: the most promising projects will be invited to pitch directly to investors at a PFAN Investment Forum. These Forums also offer great opportunities to network with investors, other entrepreneurs and international experts. The best pitch at each Forum receives a PFAN Climate & Clean Energy Investment Forum Award.
- Technical assistance and deal-making facilitation: once an investor has shown serious interest in your project, technical assistance can be provided if deemed necessary to move a deal forward. Your coach and the Investment Facilitation Team will support you throughout the deal-making process, to ensure you get the best investment deal for your project.
Examples of eligible projects
- Projects and businesses which deploy clean and renewable energy and/or climate change technologies for productive uses;
- Greenfield and brownfield utility projects, independent power producer and distributed generation projects (for both thermal and electrical energy);
- Existing projects which are operating at small or pilot scale and which are ready for scale-up;
- Projects which increase access to energy for remote communities, including rural electrification, off-grid and mini-grid projects, thermal energy and clean cooking solutions;
- New or expanding business ventures in clean energy and related technologies, including downstream projects (focused on deployment of existing technologies) and upstream projects (focused on development and commercialisation of a new clean technology);
- Mergers, acquisitions or joint ventures, which will add value to an existing clean energy / technology business.
- Entrepreneurs looking to initiate or scale-up clean energy or other climate change-related projects and seeking an investment of up to $50 million are invited to apply.
- However, in case of energy access / rural electrification (e.g. clean cook stoves, solar home systems, mini-grids) and climate change adaptation projects, the investment sought can be less, starting at US$500,000.
Deadline: 1 November 2020
For more information please check the Link