Climate finance flows fall significantly short of the estimated requirements, conservatively estimated to be around USD 4.5 – 5 trillion annually globally according to the 2021 edition of Climate Policy Initiative’s Global Landscape of Climate Finance. In order to accomplish the transition to a sustainable, net-zero emissions, and resilient world within this decade, there is an urgent need for a substantial increase in climate investment. The scale of climate investment should reach trillions, and it is crucial that climate finance commitments translate into real action in the economy. This calls for alignment of investments by all public and private actors with the goals of the Paris Agreement and the pursuit of net-zero, sustainable pathways. Closing the investment gap for adaptation is pivotal to achieving the objectives set by the Paris Agreement. Adequate finance for adaptation, coming from both public and private sources, must be expanded to effectively address current and future climate risks.

To ensure successful project implementation, it is essential for projects to be investment ready. The term “investment readiness” refers to the stage at which your project is prepared to be scrutinized by any entity willing to provide funding which can come in many different forms with a multitude of requirements. Bank finance for such purposes is often referred to as “debt,” while money raised through selling part of the ownership is known as “equity.” Determining the appropriate funding type depends on several factors. For non-commercial projects in the early stages, grants may be necessary. Grants are financial awards provided by entities like companies, foundations, or governments to support specific goals or incentivize performance. Unlike loans, grants do not have to be repaid under most conditions. Commercial projects, projects that generate a financial return, can access additional capital through equity, debt financing or other commercial funding mechanisms.

Equity financing involves raising capital by selling shares. It includes the sale of common equity, preferred stock, convertible preferred stock, and equity units comprising common shares and warrants. Equity financing provides long-term funding without fixed repayment terms but typically carries higher rates to compensate for uncertainty and risk. Equity financing offers stakeholders ownership interests to support project/business operations and expansion throughout its lifecycle.

Debt financing involves acquiring loans which may be at market or concessional rates of interest from a variety of entities including and most commonly provided by private sector creditors, such as commercial banks. These loans can be short-term, intermediate-term, or long-term, depending on the project’s needs. Concessional loans when available, offer terms more favourable than traditional debt financing. Concessional loans often have extended grace periods and lower interest rates compared to market rates.

As part of our mission to establish the Caribbean as a Climate-Smart Zone, we have established connections with a network of financial institutions and funding partners ready to mobilise resources for scaling projects in the region. Based on specific funding requirements, project implementation stage, and other criteria, regional project developers can be connected with funding partners whose objectives align with their needs.

Our pipeline of partners offer a diverse range of financing solutions and support projects at various stages of the business lifecycle. Once connected with suitable financing partners, applicants have the opportunity to collaborate with willing funders to develop tailored solutions that overcome investment barriers. To begin the process of submitting a project for support and matching with appropriate funders, it is essential to understand and be able to communicate clearly the financing needs of the project.




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.


  • non-commercial projects
  • early stage projects
  • proof of concept
  • feasibility, market and technical studies


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


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.


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


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



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 longer grace periods. 


  • mostly non-commercial projects
  • infrastructure
  • social interventions
  • public goods


  • development finance agencies
  • multilateral development banks
  • special purpose funds


Short-term, intermediate-term and long-term loans at market interest rates provided by a private sector creditor, such as a commercial bank. 


  • commercial projects
  • established and familiar business models
  • new and emergent business models
  • revenues and cash flows support debt repayments


  • commercial banks
  • angel investors
  • private equity
  • institutional investors
  • public investors

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

The Financial Advisory Committee (FAC), a distinguished assembly of Chief Executives and senior executives hailing from renowned regional financial institutions. The core objective is to empower investment-ready projects by bridging the gap between project owners and suitable financing mechanisms.

Financial Advisory Committee (FAC)

The Caribbean Climate-Smart Accelerator’s flagship Investor Forums is the primary mechanism we use to provide investors with the opportunity to fund projects from our pipeline. Held quarterly the objectives of our investor forum are to promote investment-ready, climate-smart projects that investors can get involved in. To introduce regional leaders to investors, with the aim of establishing and leveraging relationships to facilitate further investment activity. To establish the investment process between investors and projects.

Funding Opportunities

Find out more about available funding and how to apply.

The Earthshot Prize was designed to find and grow the solutions that will repair our planet this decade. We face our greatest challenge; to regenerate the place we all call home in the next ten years. We believe in the power of human ingenuity to prove to us all that the seemingly impossible is possible. Congratulations to the 2022 Earthshot Prize winners! Be among the first to get the latest updates from the Earthshot Prize.