Improved Micro Small and Medium Enterprise access to appropriate financial services translating into higher economic benefits for state, and poor and marginalised groups, in Pakistan
The design of a systemic, context-specific PSD programme which strategically targets key constraints in order to empower the private sector to be an engine of growth, job creation and poverty alleviation in DRC thus improving the lives of poor people in DRC by 2023.To foster economic opportunities for poor people in the Democratic Republic of Congo by providing them with access to financial services, well functioning markets, and an enabling business environment.
To support a parametric (index-based) weather risk insurance pool that will provide participating African countries with predictable, quick-disbursing funds with which to implement pre-defined contingency response plans in the case of a drought.
The UK’s International Climate Fund (ICF) will fund: (1) Equity investment in the Climate Public Private Partnership Asia Fund – CP3 Asia in the amount of £60,000,000 to catalyse low carbon investments in Asia. (2) Equity investment in the IFC Catalyst Fund (CF) in the amount of £50,000,000 to strengthen the financial infrastructure for low carbon investments globally. (3) Grant financing for the Technical Assistance and Project Development Facility (£20,000,000) to assist with project pipeline and fund development. (4) Programme development costs: £384,401.94 contracted; up to £100,000 additional work projected (total project development costs: not exceeding £500,000). This is funded by the Department for International Development and Department of Energy and Climate Change (DECC). This refers only to DECC spend.;
The Initiative will support scaling up of lending to small and medium enterprises through partnership with mainstream commercial banks, leasing companies and other non-banking finance companies in DFID priority countries. The Initiative will provide banks with risk sharing mechanisms, technical assistance and advisory services as well as improved credit history information and referencing in support of scaling up their financing to small and medium enterprises.
To support access to finance for small and medium sized businesses, especially those owned and run by women, and to support productivity and growth in the horticulture, leather and textiles sectors in order to raise incomes and create jobs.
To improve the food and nutrition security of 350,000 small holder farmers in 8 rural districts of Zimbabwe by raising farm productivity through training of farmers and introducing improved agricultural practices, linking the farmer groups to input and output markets, facilitating access to rural finance and promoting production and consumption of nutritious foods including bio-fortified and fortification of maize.
To drive inclusive growth through a combination of grants and development capital investments that build financial markets and institutions
CP3 aims to demonstrate that climate friendly investments in developing countries, including in renewable energy, water, energy efficiency and forestry are not only ethically right but also commercially viable. It aims to attract new forms of finance such as pension funds and sovereign wealth funds into these areas by creating two commercial private equity funds of funds which will invest in subfunds and projects in developing countries, creating track records of investment performance which should in turn encourage further investments and accelerate the growth of investment in climate.
To provide access to poor people to a broad range of financial services such as payments, savings, loans, and insurance by continuing to support piloting new ideas and approaches, and to support technical assistance regulators and commercial players for enhancing industry knowledge and practice about business models, pricing and design of financial products. Access to these services enables consumers to acquire productive assets, invest in health and education and make other purchases that enrich their lives.