Shifting Focus: Sustainable Fishing

We mostly focus on the mechanics of home finance with our content. It’s what we know and an easy place for us to speak from. However, the questions we are most often asked in comments and when talking with friends and colleagues mainly circle around something we refer to as “But Can It Work?” with respect to businesses. What we mean here is that people often get defensive when it’s put to them that their business isn’t green or environmentally sustainable, adding carbon to the atmosphere and likely warming the earth. When we offer them solutions for their business or …

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Funding Organization: IFC Risk Sharing Facility

PROFILE Total Amount Project dependent Financing Mechanisms Risk management Qualifying Projects Adaptation , Mitigation Eligibility N/A Funding Objectives Risk Sharing Facilities allow clients to transfer credit risk to IFC from their own portfolio or from a new portfolio they originate. The assets typically remain on the clients’ balance sheet, and the risk transfer comes from a partial guarantee provided by IFC. In general, clients will enter into such a facility with IFC because it helps them increase their capacity to originate new assets within an asset class in which IFC seeks to increase its own exposure. Financing Mechanisms A Risk …

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Funding Organization: IFC Partial Credit Guarantees

PROFILE Total Amount Project specific Financing Mechanisms Co-financing , Debt , Loan , Risk management , Structured financing Qualifying Projects Adaptation , Mitigation Eligibility In accordance with IFC investment guidelines. Funding Objectives Partial Credit Guarantees allow IFC to use its international triple-A credit rating to help clients diversify their funding sources, extend maturities, and obtain financing in their currency of choice, including local currency. In securitization transactions, IFC participates as a structuring investor or guarantor. Partial loan and bond guarantees also help broaden clients’ access to international and local capital markets. Credit enhancement structures help clients attract new sources of …

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Funding Organization: IDB Sustainable Energy and Climate Change Initiative (SECCI)

PROFILE Total Amount USD $40 Million Financing Mechanisms Grant , Technical assistance Qualifying Projects Adaptation , Mitigation, Energy Efficiency , Renewable Energy Eligibility Maximum Financed: 1’000,000 for technical cooperation; 1’500,000 for investment grants. Private Sector: Grants are non-reimbursable only when the IDB finances underlying project Eligible Countries: Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Suriname, Trinidad and Tobago, Uruguay, Venezuela Letter of Non-Objection: A letter on non-objection is required from the government Counterpart Financing: 20% counterpart financing is required Funding Objectives All …

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Funding Organization: IDB Infrastructure Fund (InfraFund)

PROFILE Total Amount USD 20 Million Financing Mechanisms Technical assistance Qualifying Projects Adaptation , Capacity Building , Mitigation, Energy , Energy Efficiency , Fuel Switching , Infrastructures , Low-Carbon , Renewable Energy , Sustainable Land Management , Tourism , Transport , Urban , Waste Management Eligibility Maximum financed: USD 1,500,000. A fast approval mechanism is in place for projects smaller that USD 500,000. Eligible beneficiaries: Regional, national, and sub-national proposals by public, mixed-capital and private entities from all IDB member countries are eligible for InfraFund support. Beneficiary entities must demonstrate the ability to carry out the works. Letter of Non-Objection: …

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Funding Organization: Global Facility for Disaster Reduction and Recovery (GFDRR)

PROFILE Total Amount GFDRR portfolio: $244,310,387 Financing Mechanisms Co-financing , Grant , Other , Risk management , Technical assistance Qualifying Projects Adaptation , Capacity Building , Technology, Agriculture , Climate-Resilient , Coastal Zone Management , Disaster Risk Reduction , Fisheries , Forestry , Infrastructures , Natural Resource Management , Populations & Human Settlements , Sustainable Land Management , Tourism , Transport , Waste Management , Water Eligibility From under $100,000 (individual grants) to over $1 million (country programmes) Funding Objectives Established in 2006, the Global Facility for Disaster Reduction and Recovery (GFDRR) is a partnership of 35 countries and six international organizations committed …

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Funding Organization: BNDES Amazon Fund

PROFILE Total Amount $1 billion Financing Mechanisms Grant Qualifying Projects Adaptation , Mitigation, Forestry , Natural Resource Management , Sustainable Land Management Eligibility Protected Areas (Environmental Management and Services); Sustainable Production Activities; Science & Technology Development Applied to Sustainable Use of Biodiversity; and Institutional Development and Improvement of Control Mechanisms Funding Objectives The BNDES Amazon Fund is aimed at raising donations for non-reimbursable investments in efforts to prevent, monitor and combat deforestation, as well as to promote the preservation and sustainable use of forests in the Amazon Biome. Besides this, the Amazon Fund may support the development of systems to …

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Funding Organization: ASEAN Infrastructure Fund (AIF)

PROFILE Total Amount USD 485 million in initial equity contribution Financing Mechanisms Loan Qualifying Projects Adaptation , Mitigation , Technology, Energy , Energy Efficiency , Infrastructures , Renewable Energy , Transport , Urban , Waste Management , Water , Water efficiency Eligibility National and sub-regional projects in Developing Country Members of ASEAN (also AIF shareholders) are eligible for AIF funding. Those countries are: Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, The Philippines, Singapore, Thailand and Viet Nam. Funding Objectives The objective of the AIF is to finance projects that promote infrastructures of development within ASEAN developing country members. AIF aims …

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Funding Organization: ADB Climate Change Fund (CCF)

PROFILE Total Amount USD 50 million Financing Mechanisms Co-financing , Grant , Technical assistance Qualifying Projects Adaptation , Mitigation, Agriculture , Disaster Risk Reduction , Energy , Energy Efficiency , Forestry , Populations & Human Settlements , Renewable Energy , Sustainable Land Management , Transport , Urban , Water Eligibility CCF resources are used to service developing member countries(DMCs) and can be tapped through ADB’s operations department. Funding Objectives In May 2008, the CCF was established to facilitate greater investments in ADB’s developing member countries (DMCs) to effectively address the causes and consequences of climate change. Through CCF, ADB provides grants …

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Funding Organization: ADB Clean Energy Financing Partnership Facility (CEFPF)

PROFILE Total Amount Overall target: $250 million Financing Mechanisms Co-financing , Grant , Technical assistance Qualifying Projects Mitigation, Energy , Energy Efficiency , Fuel Switching , Renewable Energy Eligibility CEFPF resources are used to service developing member countries(DMCs) and can be tapped through ADB’s operations department. Funding Objectives This fund provides support for cost effective investments in technologies and practices that result in greenhouse gas mitigation. CEFPF resources are also intended to finance policy, regulatory, and institutional reforms that encourage clean energy development. Financing Mechanisms About 30% of CEFPF’s resources will be used for standalo+ne technical assistance projects and direct charges; …

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