Funding

To address climate change, financial resources are required to support sound adaptation and mitigation solutions and to build resilience to already occurring impacts. As part of our mission to establish the Caribbean as a Climate-Smart Zone, we have developed a pipeline of financial institutions and funding partners ready to mobilise resources to scale projects from the region. Based on the type of funding required, the stage of implementation and other criteria, regional project developers can be matched with funding partners whose financing objectives are aligned with their requirements.

Partners in our pipeline offer a range of financing solutions and support projects at any stage of the business lifecycle. Once connected with financing partners, you’ll have the opportunity to work with willing funders to craft bespoke solutions to overcome investment barriers.

As a first step to submitting your project to us for support with matching with suitable funders, you’ll need to clarify your financing needs. Here’s an overview of the three main types of funding/financing.

MAIN TYPES OF FUNDING

GRANTS

An award, usually financial, given by one entity (typically a company, foundation, or government) to an individual or a company to facilitate a goal or incentivize performance. Grants are essentially gifts that do not have to be paid back, under most conditions.

EQUITY FINANCING

The process of raising capital through the sale of shares. Equity financing involves the sale of common equity and the sale of other equity or quasi-equity instruments such as preferred stock, convertible preferred stock, and equity units that include common shares and warrants. Provides long-term financing without fixed repayment terms; rates of higher than debt to compensate for uncertainty and risk.

DEBT - CONCESSIONAL

Loans that are extended on terms substantially more generous than market loans. The concessionality is achieved either through interest rates below those available on the market or by grace periods, or a combination of these. Concessional loans typically have long grace periods..

USES

non-commercial projects
early stage projects
proof of concept
feasibility, market and technical studies
commercial projects to unlock additional capital

USES

funding commercial and non-commercial project entities
provides holders with ownership interest
finance operations and expansion throughout the lifecycle of the project/business

USES

non-commercial projects
infrastructure
social interventions
public goods

SOURCES

philanthropists
charities
development finance agencies
multilateral development banks
governments and specialised state agencies
NGOs

SOURCES

owners
angel investors
private equity
institutional investors
commercial banks at later stages
public investors at later stages

SOURCES

development finance agencies
multilateral development banks
special purpose funds

Matching Projects with Investors

Projects are evaluated on stage of readiness, relevance, innovation, scalability, replicability, quality of the methodology, stakeholder support, investment type, committed investment, thoroughness of the business/project plan, as well as, the capacity of the individual/team to carry out the project.

All projects are evaluated internally by the CCSA. The selection process has 3 distinct stages:

Stage 1: Project submission through a portal and initial shortlisting, to submit a project click here.
Stage 2: Detailed due diligence by the CCSA projects committee to shortlist proposals.
Stage 3: Shortlisted proposals can be matched with funding partners from the pipeline based on the type of investment they are seeking.

Matching can be accomplished through one-to-one connection with funders, through presentation of projects to our Financial Advisory Committee or through participation in our Investor Forum matchmaking events

Submit a Project!