| Project Detail |
The CATALI.5°T (pronounced “catalyst”) Initiative will establish funding support for climate start-ups and other micro and small enterprises in Latin America and West Africa. Collectively known as ‘climate ventures’, these enterprises are well placed to make a difference in delivering climate action by demonstrating market feasibility of innovative, low emission technologies, and business models. The objective of each regional CATALI.5°T is to trigger investments in start-ups and young businesses with the highest climate mitigation impact and business growth potential.
This programme will address the nascent sector’s limited technical capabilities and support networks, the lack of ‘industry standard’ tools and frameworks, and the mismatch between the current capacities of climate ventures and what’s needed for them to successfully access venture capitalist (VC) finance. The CATALI.5°T hubs will foster an enabling environment and provide capacity building support to local NDAs and government stakeholders, pre-accelerators, accelerators, entrepreneur support organizations, VC firms, and other venture investors. |
