“For 1 euro investment, you will get 3 euros in return. And what’s more, you will help restore the critical river ecosystem here in Benin.” Gautier Koffi Amoussou, working for Eco-Benin NGO, and Kpati Komlan Zomavo Aguey of COSOL PG, an NGO located in Togo, pitched their dredging business plan to restore Benin’s river ecosystems. This plan earned them the prize for the most promising green business case during last week’s Green Finance Academy, hosted by IUCN NL, Nyenrode Business University, Wageningen Environmental Research and EY.
The newest knowledge product from IUCN NL, 'The missing link', provides practical steps to mobilise climate and landscape finance at scale. It describes what investors, governments, entrepreneurs and NGOs can contribute to finance Integrated Landscape Management (ILM). The practical steps are based on detailed analysis of four examples that have integrated elements of ILM into their investment model. Readers can take these recommendations and best practices and embed them into their existing policies and practices.
“Business as usual is not an option,” contends the Business and Sustainable Development Commission in its new report, Better Business, Better World. The report is a call-to-action to business leaders to adopt a “socially focused business model” based on the UN’s Sustainable Development Goals. It makes the case that business models that prioritise environmental sustainability and financial inclusion are the most viable for long-term economic growth.
Also this year, organisations and companies that have an innovative business case focused on promoting either climate change mitigation or adaptation in a developing country can compete to receive € 25.000 seed finance for further developing their business case. Project proposals can be submitted here. The upcoming round closes on 15 April.
MoMo is looking for promising projects that fulfil the following criteria:
How to attract funding for your environmental or development project? For the second year, the Green Finance Academy offers a five day masterclass to prepare environmental and development professionals for this task. The masterclass helps participants to transform their projects into bankable projects that generate financial returns for investors.
Do you know where impact investing is headed? Climate and the environment appear to lead the way, both as a priority for investors and as a sector that can provide examples as to how the SDGs can translate into an actionable framework for investments. See here the complete list of 4 growth trends in impact investing.
OPIN Foundation and Royal IHC have both been awarded € 30.000 for their innovative business proposals that contribute to climate mitigation or adaption in developing countries.
The 10 best MoMos will present their proposals at the Global Impact Investing Network (GIIN) Investor Forum on 7 December.
We have already received quite some interesting MoMo proposals this year, but we are certain that there are many more innovative ideas on how to mobilise and leverage private climate finance. We therefore launch our third call. MoMo proposals can be submitted until 15 September 2016. Please use the registration form.
Organisations and companies with an innovative business case focused on promoting either climate change mitigation or adaptation in a developing country, can now compete to receive support to further develop and receive (partial) finance for their business case. The Mobilising More (MoMo) initiative provides expert feedback as well as two times EUR 30.000 of award money for submitted business cases that have strong potential to positively impact climate change. Project proposals can be submitted on the MoMo website: www.momo4climate.org. The upcoming round closes at 1 September.