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Within the Climate Investment Funds (CIF), the Second Call for Project Proposals for financing technical assistance and capacity building for structuring the recovery package from COVID-19 has been published.
The deadline for submission of project proposals is April 5, 2021.
The goal of this call is a quick response to the social, economic and health crisis, caused by the pandemic of the COVID-19 virus in the areas of environment and energy, Business Magazine reports.
In order to accelerate investment in clean energy and ensure a green and resilient recovery the Second Call will cover two specific objectives related to accelerating investment in clean energy with a focus on renewable energy sources and energy efficiency measures that help countries attract investment and mobilize the private sector to invest in clean energy and a green and resilient recovery.
The activities from the Call must be carried out in countries that meet the criteria for official development assistance (ODA) according to OECD/DAC guidelines and have a credit program or political dialogue with multilateral development banks.
Project proposals are submitted in cooperation with the competent ministry and the multilateral development bank. The total budget of the Call is $ 29.5 mil.
More details about the Call are available HERE.
Climate Investment Funds (CIFs) seek to accelerate climate action by strengthening transformations in clean technology, energy access, climate resilience and sustainable forests in developing and middle-income countries.
