Fifth Call for Proposals: GEF-8 Blended Finance Global Program

The GEF-8 blended finance program seeks proposals that would meet one or more following criteria but not limited to: 

• support innovation at the forefront of investments in nature and climate in all focal areas;
• test new financial instruments under the GEF-8 NGI Policy, such as convertible instruments, contingent instruments linked to environmental performance, political risk insurance and liquidity facilities;
• expand participation of SIDS and LDCs in the blended finance window;
• support the structuring of new asset classes, investment and aggregation platforms to reach scale and issuance of securities in capital markets linked to nature or climate goals;
• support investment in MSMEs striving to enhance sustainable sourcing of value chains.

Timeline

• February 24, 2025: Deadline for PIFs/PFDs to be received for screening by the GEF Secretariat under the call for proposals
• March 14, 2025:   Results of initial project screening communicated to GEF Agencies
• April 18, 2025:  Final PIF/PFD Technical clearance
• June 2, 2025: GEF Council consideration of the Proposed Work Program

For more details, see the attached document.