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SDG Impact Finance Initiative Design Funding Window Now Open!

Deadline: 1-May-23

The SDG Impact Finance Initiative (“the Initiative”) has announced a second call for proposals targeting a new set of UN Sustainable Development Goals (SDGs).

The SDG Impact Finance Initiative’s Innovation Window awards grants for innovative impact finance solutions that will mobilize private capital for sustainable development in emerging and frontier markets. The Initiative is funded by the State Secretariat for Economic Affairs (SECO), the Swiss Development Cooperation Agency (SDC), the UBS Optimus Foundation, and the Credit Suisse Foundation.

The SDG Impact Finance Initiative aims to accelerate advancements in the impact investing market by supporting the launch of innovative solutions that address market failures, deploy financial products that are under-supplied or supplied at insufficient volumes, and mobilize funding into new sectors and regions.

It aims to achieve three key objectives:

Under this second call for proposals, with support from Convergence, the Initiative will award grant funding for feasibility studies, proof of concept activities and expansion of existing solutions. Proposed solutions should target one or more of SDG 5 (Gender Equality), SDG 14 (Life Below Water), and SDG 15 (Life on Land).

Thematic Focus

This second call for proposals is seeking solutions targeting any one of the below SDGs. No preference will be given to solutions that target multiple SDGs.

Funding Information

Geographical Focus: Solutions can target any developing country or countries eligible to receive official development assistance (ODA) according to the OECD-DAC List of ODA Recipients. They highly encourage solutions that target low-income and least developed countries.

Eligibility Criteria

For more information, visit Convergence.

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