USAID Climate Finance for Development Accelerator (CFDA)

The United States Agency for International Development (USAID) Climate Finance for Development Accelerator (CFDA), also known as “the Accelerator,” is a $250 million initiative designed to mobilize $2.5 billion in public and private climate investments by 2030. These investments will fund a range of climate change mitigation and adaptation activities focused on scaling up the transition to an equitable and resilient net-zero economy.

The Accelerator is a platform designed to help countries meet their national commitments in alignment with the Paris Agreement through evidence-based solutions that respond to national contexts and address gaps in global, regional, and national climate finance ecosystems. The Accelerator is organized around the following three objectives that seek to mobilize financial resources for climate adaptation and mitigation priorities in an inclusive, equitable way:

Objective 1: Develop and scale effective partnerships and new investment solutions to achieve transformational change in countries where USAID works.

Objective 2: Improve the enabling environment and increase and broaden participation in climate finance including the range and diversity of stakeholders driving climate solutions.

Objective 3: Expand local and global capacity to bring more resources into climate finance.

Key features the Accelerator offers include:

• Establishing a partnership portal as an entry point for private sector, foundations, and other partners that are interested in catalytic support for climate investments aligned with USAID objectives and Paris Agreement commitments to join the Accelerator-managed Climate Finance Investment Network (CFIN).
• Engaging partners through the CFIN to help strengthen the climate finance ecosystem to crowd in private sector financing through learning, partnership facilitation, and catalytic grants.       
• Enabling USAID missions and local partners to understand and design evidence-based solutions that respond to gaps and barriers in local climate finance ecosystems that currently prevent the deployment of increased and more effective climate finance.
• Empowering local actors, marginalized communities, and underrepresented groups to access climate finance and lead the effort to meet climate goals through co-creation, partnership matchmaking, and support to be a direct recipient of USAID subcontracts and grants.

ARE YOU INTERESTED IN PARTNERING WITH US AND JOINING THE CLIMATE FINANCE INVESTMENT NETWORK (CFIN)?

USAID is excited to announce the launch of the Climate Finance Investment Network (CFIN). Managed by the Accelerator, the CFIN will bring together climate finance stakeholders across a diverse set of sectors and emerging and frontier markets to partner with USAID to crowd in private sector climate financing through learning, partnership facilitation, and catalytic grants. The Accelerator also welcomes local partners in the countries in which USAID works to co-create and design initiatives to meet national and local climate goals. If you are interested in joining the CFIN or becoming a climate finance partner eligible to receive support from the Accelerator, please click here to complete our partnership intake form or email us at [email protected] for more information.

ARE YOU A USAID MISSION, BUREAU, OR INDEPENDENT OFFICE INTERESTED IN A BUY-IN?

The Accelerator is a buy-in mechanism that helps USAID missions, bureaus, and independent offices develop and manage climate finance-related partnerships, strengthen enabling environments, and advance learning. Buy-in implementation may be supported by the core consortium or new and diverse partners engaged through the CFIN. USAID has designated an internal team of activity managers with expertise in renewable energy, adaptation, biodiversity, natural capital solutions, and agriculture to help develop buy-in concepts. If you are interested in receiving support from the Accelerator through a buy-in, please reach out to Sashi Jayatileke, Senior Climate Finance Advisor and Contracting Officer’s Representative (COR) or Kristin O’Planick, Market Systems Team Lead and Alternate Contracting Officer’s Representative (ACOR).