{"id":77357,"date":"2024-09-19T01:00:00","date_gmt":"2024-09-19T01:00:00","guid":{"rendered":"https:\/\/www.climatepolicyinitiative.org\/?post_type=cpi_pr&#038;p=77357"},"modified":"2024-09-20T14:20:32","modified_gmt":"2024-09-20T14:20:32","slug":"cc-facility-opens-new-round-of-applications-deadline-october-24","status":"publish","type":"cpi_pr","link":"https:\/\/www.climatepolicyinitiative.org\/id\/press-release\/cc-facility-opens-new-round-of-applications-deadline-october-24\/","title":{"rendered":"CC Facility opens new round of applications, deadline October 24"},"content":{"rendered":"\n<p><strong>San Francisco and Toronto, September 19, 2024<\/strong>\u2014The Catalytic Climate Finance Facility (CC Facility) is announcing the opening of a new application round for high-impact, scalable blended financial structures in developing economies. These structures should have already demonstrated market traction and be poised for significant growth. <a href=\"https:\/\/www.ccfacility.org\/apply\">Applications must be submitted through the CC Facility website from September 19 to October 24, 2024<\/a>.<\/p>\n\n\n\n<p>The CC Facility offers up to USD 500,000 in grant funding, tailored technical assistance, and access to knowledge-sharing resources through a Learning Hub to help promising blended finance structures scale their impact. It offers targeted support in strategy, fundraising, and operations, with a focus on overcoming market barriers to mobilize private capital for climate action.&nbsp;<\/p>\n\n\n\n<p>In addition, the program helps refine approaches to gender mainstreaming, impact measurement and management, and local capacity development while building effective operational and governance systems. The ultimate goal is to empower blended finance structures to drive business success, attract funding through targeted outreach, and accelerate their scale-up.<\/p>\n\n\n\n<p>A webinar outlining the program\u2019s offerings is scheduled for October 9, 2024. <a href=\"https:\/\/climatepolicyinitiative.zoom.us\/webinar\/register\/1017200296187\/WN_teIzEvO6R9m3sYm4-EfQhA\">Register here<\/a><\/p>\n\n\n\n<p>\u201cThe CC Facility is committed to accelerating the flow of private capital into climate solutions,\u201d said Joan Larrea, CEO of Convergence. \u201cBy providing targeted support and resources, we aim to empower innovative blended finance structures to overcome barriers and achieve significant scale.\u201d<\/p>\n\n\n\n<p>Dr. Barbara Buchner, Global Managing Director of Climate Policy Initiative (CPI), added, \u201cWe are seeking high-potential climate finance vehicles that have demonstrated market traction and are ready to expand their impact. Our program is designed to equip these solutions with the tools and expertise needed to attract investors and drive positive change.\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>ABOUT THE CATALYTIC CLIMATE FINANCE FACILITY<\/strong><\/h3>\n\n\n\n<p>The Catalytic Climate Finance Facility (CC Facility) is a solution to scale climate finance by filling a market gap in mobilizing private capital. The CC Facility provides a suite of acceleration services to market-ready blended finance vehicles in developing economies to help them reach scale. Through grant funding, technical support, and a learning hub, the CC Facility accelerates the implementation of high-impact financial structures, while providing resources to the broader ecosystem on how to best catalyze climate finance. The initiative is a partnership between <a href=\"https:\/\/www.climatepolicyinitiative.org\/\">Climate Policy Initiative (CPI)<\/a> and <a href=\"https:\/\/www.convergence.finance\/\">Convergence<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>MEDIA CONTACTS<\/strong><\/h3>\n\n\n\n<p><strong>Sijia Yi<\/strong><strong><br><\/strong>Head of Communications<br>Convergence Blended Finance<br><a href=\"mailto:sijia.yi@convergence.finance\">sijia.yi@convergence.finance<\/a>&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>J\u00falio Lubianco<\/strong><strong><br><\/strong>Communications Manager<br>Climate Policy Initiative<br><a href=\"mailto:julio.lubianco@cpiglobal.org\">julio.lubianco@cpiglobal.org<\/a><\/p>\n\n\n\n<p><strong>Sam Goodman<\/strong><strong><br><\/strong>Communications Associate<br>Climate Policy Initiative<br><a href=\"mailto:sam.goodman@cpiglobal.org\">sam.goodman@cpiglobal.org<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Francisco and Toronto, September 19, 2024\u2014The Catalytic Climate Finance Facility (CC Facility) is announcing the opening of a new application round for high-impact, scalable blended financial structures in developing economies. These structures should have already demonstrated market traction and be poised for significant growth. Applications must be submitted through the CC Facility website from [&hellip;]<\/p>\n","protected":false},"featured_media":77352,"template":"","format":"standard","meta":{"_acf_changed":false},"programs":[1826],"regions":[392],"topics":[842],"collaborations":[],"class_list":["post-77357","cpi_pr","type-cpi_pr","status-publish","format-standard","has-post-thumbnail","hentry","programs-catalytic-climate-finance-facility","regions-global","topics-financial-innovation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CC Facility opens new round of applications, deadline October 24 - CPI<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.climatepolicyinitiative.org\/pt-br\/press-release\/cc-facility-opens-new-round-of-applications-deadline-october-24\/\" \/>\n<meta property=\"og:locale\" content=\"id_ID\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CC Facility opens new round of applications, deadline October 24 - CPI\" \/>\n<meta property=\"og:description\" content=\"San Francisco and Toronto, September 19, 2024\u2014The Catalytic Climate Finance Facility (CC Facility) is announcing the opening of a new application round for high-impact, scalable blended financial structures in developing economies. 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