Stage 4
Programming With Finance Partners
Stage 4 marks a pivotal point in the climate investment process. At this stage, countries deepen engagement with finance partners to mobilize finance for their investment needs, focusing on specific projects or a set of investments in collaboration with funding and project proponents.
The steps taken vary based on whether the investment is financed by the public or private sector or both, in the case of blended finance. Stage 4 does not involve the development of a formal funding proposal or a project financing plan, which is a step reserved for Stage 5. The targeted outcome of Stage 4 is a prioritized set of projects identified in collaboration with financiers and project proponents.

Outcome
Countries enhance partnerships with financiers, aligning investment priorities and mobilizing resources through a collaboratively developed pipeline of climate projects.
Components in Stage 4
Case Studies
Types of support
The following describes potential support needs related to Stage 4 of the Framework.
- Support provided by the Partnership to: develop platforms to match prioritized investments with public and private financiers; organize investment forums and roundtables to present investments and gauge interest from a wide range of potential financiers
- Develop project and program concept notes, ensuring requirements and eligibility criteria are met.
- Identify investment barriers and address them through policy reforms, fiscal incentives, and de-risking measures.
- Design investment structures to mitigate risks and attract private sector participation and capital inflows.