P4G Call for Partnerships Applicaion

Description

1) Objective

P4G (Partnering for Green Growth and the Global Goals 2030) is currently accepting partnership applications for projects that focus on climate mitigation or adaptation in the areas of food, energy, and water. The initiative targets early-stage private sector businesses and non-governmental organizations in ODA-eligible partner countries, aiming to foster projects that contribute to poverty alleviation, gender equity, and economic growth.

Key sub-sectors include climate-smart agriculture, food loss and waste, water resilience, zero emission mobility, and renewable energy. P4G offers grant funding and technical assistance to help these businesses become investment-ready, emphasizing innovative solutions with potential for significant climate and socio-economic impact.

2) Eligibility

The eligibility criteria require partnerships to comprise at least one early-stage climate business and one NGO administrative partner. Applicants must demonstrate a comprehensive understanding of the sectoral, policy, and regulatory environment in their country, along with skills in business, financial, social, environmental development, and grant management. The proposed climate business solution should be innovative and at a seed or post-seed financing stage with a clear path to commercialization or capital raising. Additionally, applicants must show their project’s potential for climate, economic growth, poverty reduction, gender, and development impact, and adhere to responsible business conduct, including having an ESG plan or developing one.

3) Location

The program is open to partnerships operating in P4G’s ODA-eligible partner countries, which include Colombia, Ethiopia, Kenya, South Africa, Indonesia, and Vietnam.

4) Budget

The budget aspect of the program involves providing an average grant of USD 350,000 for implementation over 18-24 months. Applicants are required to include a cost share of at least 30%, which must not be in-kind and should meet mandatory activities and budget line items.

5) Application

The application process for the next funding round closes on March 8, 2024. P4G has a year-round open application process with specific evaluation and decision periods twice per year. Applications must be submitted in English, using the P4G Concept Note Template, and include a summary budget and other financial information. The evaluation of partnerships is based on a scoring system, with an overall grade of 7 required to move forward. Shortlisted applicants will need to provide additional documentation, including a workplan and budget.