Today, IUCN NL and the Netherlands Embassy in Jakarta organised the final pitch event of MoMo Indonesia 2017. Six entrepreneurs with climate change mitigation or adaptation projects in Indonesia competed for the 25,000 Euro prize money. Thewinner was Aqysta, with their plan for the introduction of sustainable water pumps on the Island of Sumba in the East of Indonesia.
The finalists pitched their innovation in five minutes. Each pitch was followed by a set of critical questions by a panel of financial specialists from the Global Good Growth Fund, Rabobank, the NGO Kemitraan and the company Indonesia Infrastructure Finance. Siebe Schuur, Head of the Economic Department of the Dutch Embassy, chaired the panel. Both this panel and the 90-people strong audience contributed to the selection of the winner.
The winning Aqysta project of MoMo Indonesia 2017 helps create economic value for horticulture farmers in Sumba. The island faces water shortage during the dry season. Barsha pump is a clean technology, requires no operation and maintenance costs, but has a high upfront cost. The business model creates more income for horticulture farmers. Especially women are expected to benefit. The long-term objective is to upscale the use of Barsha pump throughout Indonesia.
Keynote speaker of the MoMo event was Dudi Rulliadi, Head of Climate Finance Division, Fiscal Policy Agency. This is the National Designated Authority for the Green Climate Fund in Indonesia. Mr. Rulliadi explained how both companies and non-profit organisations can submit proposals to the Green Climate Fund in Indonesia. The procedures for submission have now been finalized and recently, IUCN was the first organisation to obtain a “No Objection Letter” for a climate resilience proposal. Such a letter marks the first step in the process to develop a full proposal.
For information of all the finalists, see the projects page.
Masterclass Water and Finance: Financing International Water Projects
On 17 and 18 January 2018, the Netherland Water Partnership (NWP) organizes for the second time the two-day masterclass Water & Finance with the support of the Partners for Water program. The masterclass focuses on how to get funding for international water projects. The masterclass will be lectured by Gerbrand van Bork (Ecorys), Jarit van der Visch (Royal HaskoningDHV) and Hessel Schuurman (NWP), which are experienced designers of business cases, financial models and project proposals for water projects. In addition, the course will contain short cases and presentations from external experts and fund managers.
Emergi won the Mobilising More (MoMo) grant of € 25.000 euro to implement their innovative business idea. With their Cool Tainer, a solar-powered freezer, they aim to create positive climate impact in developing countries. This was announced during the MoMo finals at the National Sustainability Congress on 9 November.
MoMo4Climate organises the finals of the Dutch MoMo challenge 2017 during the Nationaal Sustainability Congres in Den Bosch on 9 November. The Nationaal Sustainability Congres aims to catalyse sustainable development by purpose and impact.
Are you an investor that is looking for impact, then this is your chance to meet green entrepreneurs with promising business models.
The Embassy of the Netherlands in Indonesia opens the fourth and last call of 2017 for proposals as part of the Mobilising More (MoMo) for Climate initiative. Entrepreneurs, companies and non-government organisations are challenged to bring up an innovative proposal with a business case that aims to attract private investment for a climate mitigation or adaptation project in Indonesia.
The 8 finalists of the Dutch MoMo4Climate challenge will be announced on Monday 23 October. Exciting!
Lees nu het nieuwe opiniestuk van IUCN NL hier
The second round for this year's MoMo proposals has now been launched.
The Dutch private climate finance challenge ‘MoMo4Climate’ calls for fresh proposals. MoMo is interested in ideas that attract private investment for climate mitigation or adaptation programs. The challenge is to send us a proposal that can attract private investors. The deadline for this second call is 1 August. Please use the registration form to submit your proposal.
“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.