Deadline: 3-Jul-22
The Blue Natural Capital Financing Facility (BNCFF) has launched a new Call for Proposals for coastal Nature-based Solutions (NbS) and Green-Gray Infrastructure projects with potential to combine conservation and/or restoration of ecosystems with the selective use of conventional engineering approaches.
The BNCFF aims to support NbS financing opportunities in and around marine and coastal environments. It works to strengthen specific projects that combine likely bankability (closing the deal with a private sector investor) and positive environmental and social impacts.
This Call for Proposals provides funding for coastal NbS and green-gray infrastructure projects located within or near coastal and marine ecosystems. The BNCFF supports projects to clarify business, design, and/or conservation related project aspects, in preparation for feasibility assessments and analysis for accessing implementation financing.
Funding Information & Duration
- Grants issued will be up to a maximum of € 250.000 per project.
- Projects should be implemented during a maximum of 18 months, unless justification for a longer implementation period is provided and agreed upon.
Eligible Activities
The following activities can be funded under this BNCFF funding window:
- Project feasibility assessments, including related engineering studies and designs
- Environmental, economic and social cost benefit analyses
- Environmental Impact Assessment (EIA) studies
- Environmental and Social Management Plans
- Legal, technical, and commercial consultancies
- Project cash flows modelling (Costs (CAPEX, OPEX) and revenue forecasts)
- Business plan refinement and/or public-private partnership RFP development
- Stakeholder mappings and engagement (meetings etc)
- Preparation of regulatory filings and related public processes
- Preparation of sustainability related documentation needed by investors for investment decisions and sustainability disclosure requirements (SFDR, TCDF11)
- Project monitoring and implementation planning
Eligibility Criteria
Eligible legal entities for this funding window:
- Non-governmental organizations (NGO)10 as advisors or investors in NbS and infrastructure projects
- Private sector entities that develop or own infrastructure projects or advise infrastructure developers or owners.
- Eligible entities should be well established in the target country and area of implementation and have experience with the project type proposed. Proposed projects must demonstrate municipal or state level government support and engagement, but government entities will not receive funds directly.
- The BNCFF funding window will focus on countries in Latin America and the Caribbean Region and South-East Asia, plus SIDS in the Pacific. The project must be located within one of these “Eligible Countries”:
- South-East Asia: Brunei, Cambodia, Timor-Leste, Indonesia, Laos, Malaysia, the Philippines, Thailand, Vietnam
- Latin America and the Caribbean Region: Antigua and Barbuda, Argentina, Belize, Bolivia, Brazil, Caribbean, Colombia, Chile, Costa Rica, Dominica, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, St. Kitts and Nevis, St.Vincent and the Grenadines, St. Lucia, Suriname, Trinidad and Tobago, Uruguay
- SIDS in the Pacific: American Samoa, Northern Marianas (Commonwealth of the), Cook Islands, Fiji, French Polynesia, Guam, Kiribati, Marshall Islands, Micronesia (Federated States of), Nauru, New Caledonia, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu
For more information, visit https://bluenaturalcapital.org/apply/