PRIVATE SECTOR INVESTMENT MOBILIZATION PROJECT IN DEVELOPING COUNTRIES

CCS is working on a two year, multi region, pilot-based program designed to incubate comprehensive curriculum and tools for public and private sectors to develop business financing models for Low Carbon Development actions across sectors, and ultimately mobilize investments for standardized and aggregated projects and products (Private Investment Mobilization –PIM - project). The PIM project is implemented through on-site trainings and interactive remote sessions supported by an online learning management system and country-selected pilot cases. The pilot cases provide a learning-by-doing opportunity to convert low carbon policy actions into products that can accelerate flow of funds at scale for implementation of NDCs and other related actions.

The training program has been launched already in Ghana with a four-day intensive workshop and the active participation of a team of over 40 business leaders, financial institutions representatives, entrepreneurs, programme and product developers, policy advisors and government officials. The team is led by a country education institution, the Council for Scientific and Industrial Research (CSIR), that serves as incubation hub for the full length of the training and mainstreaming mechanism in the future. The training participants in Ghana are now in process of selecting the pilot case, and then move to the next phases of the training program focused on design and analysis to build a business model that meets investor requirements for social impact, risks and returns.

To implement the PIM project, CCS is partnering with the United Nations Development Programme (UNDP) and its NDC Support Programme, with support from the New York Community Trust and others donors.

For more details on the launch workshop in Ghana and the training program, please read the UNDP Blog.

 


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