Dutch Fund for Climate and Development launched
9 December 2019 | Today, GET.invest contributor – the Netherland’s Ministry of Foreign Affairs and Development – co-launched the Dutch Fund for Climate and Development (DFCD). The €160m fund is designed to catalyse and funnel an additional €500m in private investments into climate adaption and mitigation in developing countries.
The fund is managed by a consortium of the World Wide Fund for Nature (WWF), the Netherlands Development Organisation (SNV) and the Climate Fund Managers (CFM), led by the Dutch Entrepreneurial Bank (FMO). Its funds are directed toward early-stage projects on climate adaption and climate mitigation in Least Developed Countries and other Dutch development cooperation priority countries, with special emphasis on:
- Climate resilient water systems and freshwater ecosystems: drinking water & sanitation supplies, restoration & sustainable management of wetlands, headwaters & ﬂoodplains;
- Forestry for the future: promoting aﬀorestation and reforestation;
- Boost food security with climate smart agriculture: funding more sustainable, efficient and productive approaches from smallholder farmers to agri-business;
- Protecting the environment, protecting people: restoration of ecosystems, such as wetlands and mangroves, which are nature’s best defences against extreme ﬂoods, droughts and storm surges.
Preference in the allocation of funds is given to projects with activities aimed at women and/or other vulnerable groups. The available financial support may range between €1m and €100m depending on the project and the type of financing requested. Applications for support can be directly submitted via the DFCD website.
The DFCD aims to become a global example for attracting and deploying public and private capital in high-impact climate-relevant projects. It will also serve as an additional instrument in the Dutch government’s efforts to contribute to the Paris Agreement and the Sustainable Development Goals.
For additional funding opportunities, please consult the GET.invest Funding Database.