The Catalytic Climate Finance Facility (CC Facility) is focused on scaling sustainable climate finance by providing market acceleration services to early-stage and market-ready financial vehicles in areas severely under-financed in developing countries. It is a partnership between Convergence and Climate Policy Initiative (CPI) to bring a holistic solution to accelerate the implementation of high-impact blended finance vehicles that catalyze private capital.
The CC Facility aims to be an ecosystem builder, playing a key role in mainstreaming climate action, with an emphasis on gender responsiveness and local capacity, and increasing the available pipeline of bankable climate blended finance solutions. It targets a key obstacle in the development process of such financial vehicles, which occurs in the acceleration stage, when solutions face a critical valley of death, taking longer to resume operations due to a lack of support. Together, Convergence and CPI will offer a full suite of tools to help traverse this valley of death and scale solutions faster, navigate potential pitfalls, and maximize their impact in a changing economic landscape.
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Website
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ccfacility.org
External link for Catalytic Climate Finance Facility (CC Facility)
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Industry
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Financial Services
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Company size
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2-10 employees
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Headquarters
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San Francisco
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Founded
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2023