Stage 5
Development of Projects and Programs
Stage 5 enables all forms of investments, project types, and investment or financing vehicles and builds upon the work done at Stages 3 and 4. The outcome of Stage 5 is the development and approval of investment proposals ready to submit to relevant investors and finance partners. Developing these proposals is resource-intensive; it involves translating project concepts into complete climate finance proposal packages, including support studies, that meet the investment criteria of the targeted financiers.
For this purpose, the resources of the GCF Readiness and Preparatory Support Programme and the NDC Partnership can be utilized, as well as other funder support mechanisms. Additionally, certain private-sector entities and blended finance funds may be interested in engaging at this stage of the process.
Outcome
Investment proposals are developed and approved, ensuring readiness for submission to relevant investors and finance partners for funding.
Components in Stage 5
Case Studies
Types of support
The following describes potential support needs related to Stage 5 of the Framework.
- Identify potential funding strategies and outline the project preparation cycle.
- Conduct feasibility studies, and environmental, social, and gender studies to review the design, consider the project’s impact, and identify any relevant risks.
- Identify, analyze, and mitigate potential risks that could impact a project’s success, including financial, operational, and environmental factors.
- Organize advisory services to assist with technical conditions or questions to be addressed by the project proponents, as part of the climate finance/investment proposal approval processes.
- Analyze and forecast the climate impact potential of a given project.