The Dutch private climate finance challenge ‘MoMo4Climate’ calls for fresh proposals. MoMo4Climate challenge 2018 is interested in ideas that attract private investment for climate mitigation or adaptation programs. 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. The aim of this challenge is to make innovative climate ideas bankable by perfecting the business case.This is the third and last round for this year’s MoMo proposals.
About the MoMo4Climate challenge 2018
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.
The Netherlands, with its strong financial sector and its know-how in the areas of clean tech, water and agriculture is in a unique position to create an innovative agenda for mobilising more finance for climate action in developing countries, while simultaneously seizing the commercial opportunities associated with the changes ahead. The challenge in the short term is how to ensure cooperation and translate these opportunities into concrete action and real investment on the ground.
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 on 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.
Entrepreneurs, policymakers and investors from around the world
This year, the best proposal of the MoMo4Climate challenge 2018 stands to win € 25,000 to further develop the business case.
Please use the registration form to submit your proposal.
submitted project proposals in MoMo4Climate challenge 2018 will be evaluated based on the following main criteria:
- The project holds the promise to mobilise substantial private investment in the next three years.
- The project has a clear, innovative and viable business case.
- The project has the potential for up-scaling.
- The project contributes to climate change mitigation and/or adaptation.
- At least one organisation linked to the proposal should be from the Netherlands.
For more information,please visit http://momo4climate.org/about/the-challenge