SCAF

"SCAF's vision is to increase the availability of investment for early-stage development of low-carbon projects in developing countries contributing to low-carbon sustainable development, economic growth, poverty reduction and climate change mitigation."

Why seed capital is important?

Many barriers inhibit private sector financing of low-carbon projects in developing countries. During early development, projects carry a significant risk that is reduced only once all permits have been secured and the legal, operational and financial viability has been demonstrated. Although the investment requirements are modest in the early stages, third-party financing is usually not available. This leaves the financial burden to project developers, who are often poorly capitalised and unable to fully develop projects on their own.

What SCAF offers?

SCAF addresses this financing gap by providing financial support on a cost-sharing and co-financing basis via private equity funds, venture capital funds and project development companies through its three Support Lines. SCAF does not support individual projects on a one-off basis but rather looks into establishing a mid-term working relationship with the Cooperating Partners, supporting them in growing the team, local capacity building, early stage pipeline building and advancing specific projects to financial close. By doing that, SCAF aims to increase the number of actors in the project development space.

Who does SCAF address?

SCAF adresses first-time fund managers, equity investors and development companies active in the low-carbon sector in Southeast Asia and Sub Saharan Africa.

You want to know more?

Download our SCAF at a glance brochure here, watch our video below or check our FAQ section!