P4G is now accepting applications for partnerships working on climate mitigation or adaptation solutions in the areas of food, energy and water. Partnerships must comprise at least one early-stage business and one nonprofit organization implementing in one of P4G’s ODA-eligible partner countries: Colombia, Ethiopia, Indonesia, Kenya, South Africa and Vietnam. Applicants must provide services or products that contribute to poverty alleviation, gender equity and economic growth in one of the following sub-sectors: climate-smart agriculture, food loss and waste, water resilience, zero emission mobility and renewable energy.
Eligibility Requirements
Applicants must meet all ten eligibility criteria to submit a concept note and be considered for evaluation. You can find more details about the eligibility criteria in the Partnership Guidelines.
- Partnership commitment: Comprise at least one early-stage climate business and one nonprofit administrative partner
- Experience and track record: Demonstrate across their partners country, sectoral, policy & regulatory environment, business, financial, social, environmental development and grant management knowledge, skills and expertise
- Sector and countries: Implement in P4G’s ODA-eligible partner countries and focus sub-sectors including climate smart agriculture, food loss and waste, water resilience, zero emissions mobility and renewable energy
- Investability: Be at the seed or post-seed financing stage with a robust business plan and a defined path to commercialization or raise capital
- Enabling system: Possess a clear understanding of policy, legal/regulatory frameworks in the country of implementation
- Additionality: Climate business solution is innovative in that it is substantially improved when compared to the state of the art in that industry and in the relevant country of operation
- Impact: Show climate, economic growth, poverty reduction, gender and development impact
- Budget: Include cost share of at least 30%, that is not in-kind and must meet mandatory activities and budget line items
- Responsible business conduct: Not have activities that are in P4G’s exclusion list and must either demonstrate their ESG plan or include a plan to develop one
- Due diligence: The two lead institutions demonstrate the ability to meet organizational due diligence requirements
Benefits
- P4G partnerships will receive grants of USD 350,000 on average to implement in a period of 18-24 months.
Deadline: September 8, 2024.
Click HERE to Apply