The unique programme which supports climate fund managers in setting up their own high-impact funds is getting ready to onboard five new fund managers for a 2 year period. Interested candidates can apply until 31 December 2022.
Climate finance is an important topic at this week’s COP 27 because it will continue to play an indispensable role in mitigating and adapting to climate change.
“We need scalable, innovative and high-impact solutions to decarbonise the global economy and help us adapt to our changing climate. Private capital is key to making this global transformation happen,” stated the ICFA in their new promotional video.
As such, the Luxembourg-based International Climate Finance Accelerator’s (ICFA) announcement could not come at a more suitable time. Based in Luxembourg since 2018, the accelerator is a unique programme which equips aspiring climate fund managers with all the tools needed to set up their own funds.
The two-year programme gives selected candidates access to a support envelope of €80K to set up their fund, a working capital loan of €200K for marketing, team development and pipeline building, access to trainings on a wide range of topics, an experienced coach as well as a working desk at the Luxembourg House of Startups.
For more information, have a look at the eligibility criteria and fill in the expression of interest form before 31 December 2022. The ICFA team provides all applicants with feedback on eligibility within 10 business days.
For a look at last year’s cohort, check out the following article.
