Support for Climate Innovations from the Private Sector in Developing Countries: Launch of the 4th Call for Projects of the FISP-Climat

Published on January 19 2016

The FFEM is launching the 4th call for projects under its FISP-Climat program to support the private sector in developing climate change-related innovations initiated for the benefit of developing countries.

In this new call for projects, the FFEM aims to continue its support for innovative initiatives that combine the socio-economic development of local populations with a shift towards a lower-carbon and more climate-resilient development path.

This support follows on from COP21, which led to the adoption of the Paris Agreement — the first universal climate agreement that aims to transform global growth and development through sustainable, long-term low-carbon solutions. In 2016, the FFEM is seeking to increase the share of projects focused on climate change adaptation compared to previous years.

What is the FISP-Climat ?

The FISP-Climat aims to promote innovations in the climate change sector led by private stakeholders and developed in eligible countries, in partnership with local actors.

A leverage effect is sought through the effective engagement of private sector players, as well as through the mobilization of additional funding from the companies themselves or other investors. FISP-Climat will ensure support for projects with long-term viability. Selected projects must demonstrate lasting integration within the regulatory, economic, social, and cultural context of the host country.

Who can apply to the FISP-Climat 2018 call for projects?

Any private company, or consortium including at least one private company, is invited to submit its project by completing an online application form by June 4, 2018 – 12:00 p.m. (Paris time) at www.ffem.fr.

What are the eligibility criteria for projects funded in 2018?

Eligible projects under the FISP-2018 call must mainstream the issue of climate change adaptation across their actions in the beneficiary countries. Projects will be considered as adaptation projects if they contribute to the adjustment of ecological, economic, social and/or human systems in response to current and future climate change and its direct and indirect impacts. Such projects should support the adaptation of processes, practices, structures, or techniques to reduce potential damage caused by climate change effects or to take advantage of potential opportunities it may present.

The following themes are particularly targeted:

Agriculture and resilient ecosystems
Resilience planning and climate services
Climate risk finance and insurance

Projects that incorporate nature-based solutions or generate positive co-benefits for biodiversity will be given priority.

What are the eligible themes ?

The following themes are particularly targeted:

Agriculture and resilient ecosystems
Resilience planning and climate services
Climate risk finance and insurance

Projects that include nature-based solutions or generate positive co-benefits for biodiversity will be given priority.

Cross-cutting approaches covering multiple themes are also eligible, as well as sustainable development or climate change mitigation projects that generate co-benefits in terms of climate change adaptation or include an adaptation component.

What are the geographical areas eligible ?

The eligible geographical areas, in order of priority, are:

Least Developed Countries (LDCs)
Countries in the Africa and Mediterranean region
Other developing countries

Which innovations are targeted ?

The targeted innovations must involve new approaches to intervention, technical processes, organizational mechanisms, or partnerships. These innovations should generate new dynamics and play a catalytic role in specific sectors of global development and environmental protection.

Beneficiaries of FISP-Climat 2018 are companies equipped with the capacities and tools necessary to lead innovation processes and engage in dialogue with FFEM member institutions. This includes activities such as problem framing, design, experimentation, evaluation, capitalization, scaling up, and partnership building for development in specialized areas of expertise.

These companies will be selected based on:

their knowledge of the local context, with at least prior experience working in developing countries;
their experience in managing multi-stakeholder projects or in bringing a product or solution to market within the project’s host country or in a comparable context.