Call for Proposals: Catalytic Finance to Develop Climate-Resilient Water Initiatives in Kenya

Kenya Innovative Finance Facility for Water aims to sufficiently de-risk innovative, viable and sustainable climate-resilient water initiatives to create a sufficient pipeline of investable opportunities, with a mission to catalyze additional and increased investments into the water and climate sectors.

Successful initiatives will receive financial/investment support of up to EUR 500,000 in the form of equity, or concessional financing from KIFFWA. KIFFWA’s financial support covers 50% of the initiative development budget with a maximum of EUR 500,000 per initiative.

Eligibility Criteria

Eligible initiatives should seek to contribute towards the attainment of the UN SDGs, and specifically contribute towards universal access to clean water and sanitation (SDG6) and climate change adaptation and/or mitigation (SDG13). In this Call for Proposals 2023, KIFFWA aims to support at least 3 initiatives, that meet the following criteria as a minimum:

• domiciled within Kenya
• be within the water and climate sectors that may include drinking water, hydropower, water supply, productive uses of water (irrigation among others), wastewater treatment, water transport, or sanitation and hygiene.
• demonstrate innovative business models that are technically, and financially viable and scalable, with the potential to offer commercial returns to funders
• be socially and environmentally sustainable
• be impact-driven (priority areas include universal access to clean water and sanitation, positive climate impact, gender, and youth inclusivity)
• have a minimum size of EUR 1,000,000/-
• be in the process of raising capital for project development or business expansion
• Where land may be required for the initiative, the proposal should include details of ownership or access rights to the land such as a duly registered land titles or lease agreements as may be applicable.

For more information, visit KIFFWA.