CC Facility new logo

__Wednesday, April 3rd, 2024, from 11:00 am-12 pm EDT__

The [Catalytic Climate Finance Facility (CC Facility)](http://www.ccfacility.org) accelerates the implementation of high-impact, ready-to-scale financial structures, filling a market gap in mobilizing private capital for climate action in developing economies. The initiative is a partnership between [Climate Policy Initiative (CPI)](https://www.climatepolicyinitiative.org/) and [Convergence](http://www.convergence.finance), who are combining their expertise to turn innovative financial vehicles into scalable solutions, to increase the available investable pipeline and grow the climate finance market.

The CC Facility accelerates the implementation of climate finance solutions by offering grant funding of up to USD 500,000, customized acceleration support over 12-18 months, and knowledge-sharing resources through a learning hub. The initiative aims to be an ecosystem builder and address a market need in scaling blended finance structures and catalyzing capital for climate change.

__Register for the webinar to:__
- Learn about the CC Facility and its new call for applications
- Gain insights into how to apply for funding and acceleration support
- Understand the experiences of past CC Facility grantees
- Get your questions about the CC Facility answered

Applications will be accepted from March 20 until April 24, 2024. Visit the [CC Facility page](http://www.ccfacility.org) to learn more.

The CC Facility is funded by the Bill & Melinda Gates Foundation, Global Affairs Canada, Australia's Department of Foreign Affairs and Trade, and the International Development Research Centre. The CC facility has raised USD 13 million to date and is fundraising for a second round of USD 10 million by the end of 2024. The goal of the initiative is to reach USD 100 million in size over the next few years.

__About Climate Policy Initiative (CPI)__ <br>
CPI is an analysis and advisory organization with deep expertise in finance and policy. Our mission is to help governments, businesses, and financial institutions drive economic growth while addressing climate change. CPI has six offices around the world in Brazil, India, Indonesia, the United Kingdom, and the United States. CPI serves as the Secretariat for the [Global Innovation Lab for Climate Finance (the Lab)](https://www.climatefinancelab.org/), an incubator program that develops innovative financial mechanisms to drive private investments into climate change mitigation and adaptation in developing economies.

__About Convergence__ <br>
Convergence is the global network for blended finance. Together with our membership of over 160 public, private, and philanthropic investors, as well as sponsors of transactions and funds, we increase private investment in emerging markets and developing economies to advance the UN Sustainable Development Goals (SDGs) and Paris Agreement.

Convergence’s [Design Funding and Market Acceleration Program](http://convergence.finance/design-funding) provides early-stage capital to support the design, launch, and acceleration of blended finance solutions targeting the SDGs.

Convergence is headquartered in Toronto and operates globally with a presence in Singapore, La Paz, Kigali, Nairobi and Washington DC.


Info Session for Catalytic Climate Finance Facility: New Call for Applications

Learn about the CC Facility & its new call for applications

Documents