Seed Capital Assistance Facility (SCAF)

Affiliated Institution
United Nations Environment Programme, Frankfurt School
Support Entity Type
PPF
Project Stage Supported
  • Project scoping, ideation, and concept note development
  • Development of pre-feasibility studies
  • Development of feasibility studies
  • Project financial structuring
Funding Type
Grants
Type of Recipient
Private sector
Climate Objective
Mitigation
Region
East Asia and Pacific
South Asia
Sub-Saharan Africa
Sectors and Themes
Energy
Co-financing Requirement
Yes
Application Frequency
Rolling
Contact Information

The Seed Capital Assistance Facility (SCAF) is a public sector donor‐funded facility designed to support private sector fund managers, platform managers and development companies active in the low-carbon sector in high-risk frontier markets in Southeast Asia and Sub-Saharan Africa.

SCAF uses a combination of pure and repayable grants to enable private sector fund managers, platform managers and development companies to set‑up climate investment vehicles, build enterprise and local expertise, create strong project pipelines, and fully develop the most promising projects into high‑quality, bankable investment opportunities that attract additional financing, achieve financial close, and move on to construction and operation. The resulting outcomes include emissions reductions, clean energy production, energy access, job creation, and revenue generation.

Eligibility Criteria

Target region: Southeast Asia and/or Sub-Saharan Africa (Least Developed Countries, Other Low-Income Countries and Lower-Middle Income Countries and Territories as per The Development Assistance Committee (DAC) list of Official Development Assistance (ODA) recipients) 

Sectors supported: Renewable Energy Generation, Energy and Resource Efficiency, Renewable Energy and Energy/Resource Efficiency Supply Chains. 

Main criteria for partners: 

  • More than 70% of investments in eligible countries and sectors
  • Novel strategy, business model or geography
  • Potential for replication and scalability in order to be commercially viable
  • Sufficient ESG-safeguards in place (company ESMS, ESIA according to IFC standards on project level, etc.)
  • SCAF funding must be matched 50% by the recipient