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Canadian Climate Fund for the Private Sector in the Americas

The Canadian Climate Fund for the Private sector in the Americas aims to finance private sector climate mitigation and adaptation projects in Latin America and the Caribbean (LAC) that need concessional financing to become viable projects.

Support provider 
Canada
Purpose of support 
Project and program implementation
Steps to access  

To access co-financing from C2F, a project must demonstrate:
• Climate benefits – All projects must have climate change benefits; either mitigating climate change or reducing specifically identified climate vulnerabilities, including projected greenhouse gas emission reductions.
• Financial additionality – Applicants must demonstrate that co-financing loans on concessional terms from the Canadian Climate Fund is necessary for a project to be viable.

C2F resources will be allocated on a case-by-case basis. The type, amount and terms of C2F investment offered will be determined through an analysis of the cost and risk barriers to the project.

Overall, C2F will prioritize projects that:
• Go beyond business-as-usual
• Do not meet required hurdle rates without the fund’s concessional investment
• Have risks that prevent attracting sufficient financing from other sources.

Applications can be requested through this site.

Climate objective 
Adaptation, Mitigation, Cross-cutting
Sectors and themes 
Agriculture, Energy efficiency, Industry and Infrastructure, Renewable Energy, Gender
Type of support provider 
Multilateral
Type of recipient 
Non-profit or civil society organization, International organization
Fund size 

CAD 250,000,000

Co-financing required 
No
Trustee or administrator 
Inter-American Investment Corporation (IIC) of the Inter-American Development Bank (IDB)
Contact information 
https://www.iic.org/en/c2f/canadian-climate-fund-private-sector-americas-c2f