Catalytic Climate Finance Facility (CC Facility)

Catalytic Climate Finance Facility (CC Facility)

Financial Services

Bringing sustainable climate finance to developing countries through grant funding and market acceleration services.

About us

The Catalytic Climate Finance Facility (CC Facility) is focused on scaling sustainable climate finance by providing market acceleration services to early-stage and market-ready financial vehicles in areas severely under-financed in developing countries. It is a partnership between Convergence and Climate Policy Initiative (CPI) to bring a holistic solution to accelerate the implementation of high-impact blended finance vehicles that catalyze private capital. The CC Facility aims to be an ecosystem builder, playing a key role in mainstreaming climate action, with an emphasis on gender responsiveness and local capacity, and increasing the available pipeline of bankable climate blended finance solutions. It targets a key obstacle in the development process of such financial vehicles, which occurs in the acceleration stage, when solutions face a critical valley of death, taking longer to resume operations due to a lack of support. Together, Convergence and CPI will offer a full suite of tools to help traverse this valley of death and scale solutions faster, navigate potential pitfalls, and maximize their impact in a changing economic landscape.

Website
ccfacility.org
Industry
Financial Services
Company size
2-10 employees
Headquarters
San Francisco
Founded
2023

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