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The Climate Finance Accelerator (CFA) supports low-carbon entrepreneurs to get their businesses and projects ready for investment. It then connects them with the investors who can help them grow.
Funded by the UK Government, the CFA provides hands-on technical support and creates structured opportunities for entrepreneurs, developers, financiers, and public partners to work together to unlock climate finance where it is most needed.
Kenya demonstrates significant climate ambition, supported by a vibrant innovation ecosystem, a supportive policy environment, and strong investment flows into climate action. However, the country remains highly exposed to climate risks such as recurrent droughts and floods, which threaten food security and place pressure on public finances. To address this, Kenya’s updated 2035 NDC commits to a 35% greenhouse gas reduction, focusing on transitioning these key economic drivers toward low-carbon, resilient pathways. Innovations are being pursued across key economic sectors - including AFOLU (agriculture, forestry and other land uses), energy, transport, and manufacturing - which are growing rapidly and attracting increasing interest from venture capital, commercial banks, and development finance institutions.
The CFA works with businesses and projects that are actively seeking finance and can meet the following criteria:
- Measurable climate impact: Designed to achieve measurable climate outcomes in terms of direct or facilitated greenhouse gas emission reductions.
- Minimum ticket size: Have a minimum total financing need of at least USD1 million, with flexibility where sector dynamics, growth stage, or capital-structure needs justify a smaller raise.
- Stage of development: Project finance deals must have completed a full feasibility study (a technical and financial assessment confirming engineering design, costs, risks, and viability).
- Commercial model: Have a business model capable of generating attractive, risk-adjusted returns over time, although some element of blended or concessional capital may be required in early stages.
- Sectoral focus: Provide a solution within priority sectors: Clean and distributed energy; sustainable transport and mobility; climate-smart agriculture and agro-processing; Green manufacturing and industrial decarbonisation; Digital climate solutions, carbon markets & MRV systems; Sustainable land use, forestry, and ecosystem restoration; Circular economy and waste management and Blue economy and coastal resilience.
- Responsible business conduct: Not engage in activities included in the CFA exclusion list (available as PDF by clicking ‘Apply to Join CFA’)
- Positive environmental and social outcomes: Propositions should either demonstrate positive environmental and social impacts or show a genuine commitment to meaningfully integrating gender equality, disability, and broader social inclusion, recognising that some applicants may still be developing these elements.