Application Deadline: 29 September 2017
The Nordic Climate Facility (NCF) has announced its 7th call for proposals which is a challenge fund set up and administered by the Nordic Development Fund (NDF) to finance innovative climate change projects.
The theme of this year’s call for proposals is Climate as Business – Testing innovative green business concepts.
The call focuses on testing innovative green business concepts and ideas that could become commercially viable.
A successful project:
- Contributes to the fulfillment of the Sustainable Development Goals
- Tackles climate in an innovative manner
- Stimulates local business development
- Creates jobs and income generating opportunities
- Reduces poverty
- Increases gender equality
- Has strong replication and scaling up potential
- Africa: Benin, Burkina Faso, Ethiopia, Ghana, Kenya, Malawi, Mozambique, Rwanda, Senegal, Tanzania, Uganda and Zambia
- Eligible Applicants:
- Companies, organisations or legal entities that wish to test an innovative business concept that contributes to increased climate resilience and/or mitigate climate change.
- All projects should be implemented through partnerships between Nordic and local organisations in an eligible NCF country. In addition, the project partnership may entail other partners. All project partners should have a meaningful role in the implementation of the project.
- Nordic partner(s):
- Nordic partner shall be a Nordic company, institution, organisation or other legal entity holding a registered place of operation in Denmark, Finland, Iceland, Norway or Sweden.
- Several Nordic partners can partner up to implement and finance the project; however, there should be one lead Nordic partner.
- The lead Nordic partner is considered the main applicant accountable for the NCF application.
- Local partner(s):
- All projects should have one or more local partner(s).
- A local partner is a local company, organisation or other legal entity registered in the country of implementation.
- The local partner cannot be subsidiary or otherwise affiliated (e.g. sister or parent organization) to the Nordic partner.
- Other partner(s):
- The lead Nordic partner may also have one or more other partners (non-local) which are legal entities.
- There are no country restrictions on the other partner(s).
- The other partner(s) shall upon request to able to show a copy of the registration certificate showing the registration of the other partner(s) as a legal entity in its country of registration.
- Multilateral institutions, bilateral financing institutions or other donor agencies, development financing institutions or their affiliates, trust funds and individuals are not eligible.
- NCF can provide grant financing between EUR 250,000 and 500,000. The NCF grant cannot cover the full project costs, and therefore co-financing is required from the project partners.
- The project partners must mobilise co-financing equal to least 25% of the requested NCF grant. There is no upper limit for co-financing and a higher share than 25% of co-financing from the project partners is encouraged as it demonstrates commitment, ownership and risk-sharing.
For More Information:
Visit the Official Webpage of the Nordic Climate Facility’s 7th Call for Proposals!