New Fund to Develop and Accelerate Partnerships for Sustainable Development and Growth
Do you have ideas that can lead to more sustainable development such as increasing access to food, water and clean energy? Are you already bringing together public and private partners in innovative ways to create new markets and business models? If so, your partnership may qualify for co-funding of up to $1 million and receive valuable facilitation support and recognition.
P4G, Partnering for Green Growth, a new initiative to identify and inspire partnerships that advance sustainable global growth, will provide funding of $1 million or $100,000 to winning partnerships. The P4G Partnership Fund has a total of up to $4 million available for selected partnerships in 2018. To qualify, applicants must consist of both commercial and non-commercial partners (such as governments and non-profit organizations).
“We seek breakthrough ideas from partnerships that can use P4G funding and support to demonstrate success and become profitable ventures,” said Ian de Cruz, P4G global director. “If the countries of the world are going to meet their sustainable development goals, we need these partnerships to succeed to stimulate even greater innovations in the future.”
To qualify, applicants should focus on one or more of the following areas: agriculture and food, water, energy, cities, and sustainable use of resources. Partnerships applying to the P4G funds must meet one or more of these characteristics:
- They build business alliances with communities and government.
- They rely on joint financing and innovative platforms.
- They develop agreed common standards for reporting data.
- They help develop access to capital markets through coalitions.
- They offer solutions that are ready for large-scale investment.
Partnerships can apply online to P4G through March 30, 2018. P4G will then evaluate the initial applications and notify those selected to complete a more detailed application process. Winners will be announced at the P4G Summit being held in Copenhagen in October.
February 22, 2018