Development Finance Institutions (DFIs) focused on private sector investing for climate-related projects, such as the ADB, EIB, AfDB, KfW are major players in the sector of international development with USD 100 billion invested every year (Forbes, Oct 2014). DFIs act as a catalyst, typically financing a maximum of 25% of a given investment in order to spur private contributions (ADB Equity Stake). However, DFIs are consistently seeking to cofinance the missing 75%.
This is where ClimatePlace steps in! Our platform seeks to highlight pre-due-diligenced, bankable climate-related projects in order to raise a blend of public and private capital required to make such green development projects a reality. External, private investment at the international level for climate-related projects is projected to increase at approximately 20% in the coming decade (Climate Policy Initiative, Global Landscape of Climate Finance, 2015). ClimatePlace is therefore the critical link to guide and direct the growing amounts of private financing to ensure that climate change adaptation and mitigation activities can receive critical support.
To accomplish this task, the ClimatePlace team has multi-faceted experience in supporting the public and private sector in developing and financing climate change-related projects . Now, with a proprietary database of top investors in the space of sustainable finance, the ClimatePlace team will match pre-vetted projects with the most relevant investment opportunities, enabling a greater impact on-the-ground towards a low-carbon and climate resilient future.