Last call for proposals
The third and last round for this year’s MoMo proposals has been launched.
The Dutch private climate finance challenge ‘MoMo4Climate’ calls for fresh proposals. MoMo is interested in ideas that attract private investment for climate mitigation or adaptation programs. The challenge is to send us a proposal that can attract private investors. The deadline for the second call is 15 July. Please use the registration form to submit your proposal.
MoMo4Climate tests your business case through a panel of financial experts offer advice to make your case more investable, and awards support to the most promising ideas. This year, the best proposal of the challenge stands to win € 25,000 to further develop the business case.
Climate change will lead to a transformation of the world economy. It will pose challenges but will also create opportunities for business and new models for international cooperation. The question of finance is increasingly taking center stage in the debate on how to seize the opportunities and support countries in responding to the effects of climate change.
To overcome this challenge, MoMo brings together entrepreneurs, policymakers and investors to make business propositions possible that tackle the impacts and causes of climate change in developing countries. The urgency and complexity of climate change demands that governments and companies work hand in hand with solutions that address the causes and impacts of this global issue. Special attention is needed for the scaling up of action in low- and middle-income countries where the impacts of climate change are the greatest.
To better engage the private sector in climate change mitigation and adaptation in developing countries, more bankable propositions are needed. Governments, companies and financial institutions can each play their role but have to work together to map the risks value chains are exposed to, recognize each other’s mandates and bridge information gaps.