Affiliated Institution
Swiss State Secretariat for Economic Affairs, FAST-Infra Label
Support Entity Type
Other
Project Stage Supported
- Development of pre-feasibility studies
- Development of feasibility studies
- Matchmaking with investors and funders
Funding Type
Grants
Type of Recipient
Public entity at the national level
Public entity at the sub-national level
Public entity at the regional level
International organization
Non-profit or civil society organization
Private sector
Community-level organization
Climate Objective
Cross-cutting
Region
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
North America
South Asia
Sub-Saharan Africa
Sectors and Themes
Disaster Risk Reduction
Energy
Infrastructure and Industry
Nature-based Solutions and Ecosystem Services
Waste
Water
Co-financing Requirement
No
Application Frequency
Specific calls
Contact Information
Contact FAST-Infra via their 'Get in touch' webpage: https://www.fastinfralabel.org/contact
Countries
The FAST-Infra Access Programme provides a repayable grant to cover the costs of the verification process and obtain the internationally recognized FAST-Infra Label. This label certifies projects that meet rigorous Environmental, Social, Governance, and Resilience (ESG+R) criteria, enhancing their credibility and visibility among investors. The programme process is as follows:
- Infrastructure projects seeking finance complete a self-assessment against the criteria of the FAST-Infra Label on the Application Portal.
- Projects reaching the FAST-Infra Self-Assessed Label are eligible for a repayable grant which would cover the cost of getting the self-assessment verified.
- Projects that are approved for the repayable grant select a verifier from the list of approved independent third-party verifiers.
- Successfully verified projects receive the FAST-Infra Verified Label and are showcased to potential investors and/or lenders, with support from the FAST-Infra Label Secretariat.
- When FAST-Infra labelled projects participating in the FAST-Infra Access programme reach financial close, they repay the sum of the original grant.
- The FAST-Infra Access programme uses any returned sums to support other infrastructure projects seeking finance.
Eligibility Criteria
Projects meeting the following requirements are eligible:
- CAPEX: > $10m USD (smaller projects applying as a portfolio totaling at least 10M USD in CAPEX may also be considered on a case-by-case basis).
- Stage: pre-construction or construction.
- Status of financing: project should be in the process of raising equity and/or debt, or about to initiate a financing process; refinancing to be considered on a case-by-case basis.
- Geography: Although the programme is primarily directed at projects located in countries on the OECD DAC list, there is no formal requirement concerning either project location or project developer’s country of establishment.
- Sector: All infrastructure projects are eligible, provided the project has earned the FAST-Infra Self-Assessed Label.
Official Website