The Asia Natural Capital Design Funding Window provides grant funding for the design and launch of catalytic blended finance solutions that focus on Asia's stock of natural assets, including water, land, soil, air, plants, and animals by attracting private investment at scale. The Window aims to support upstream solutions, which are directly linked to preserving and protecting natural assets, such as: sustainable fisheries; sustainable forestry; forest and blue carbon; coastal protection; eco-tourism; nature-based solutions for sustainable and resilient cities (e.g. watershed conservation to improve water quality, wetland conservation for flood management). Practitioners can apply for two types of applications: (1) feasibility study, which is to explore the feasibility of the vehicle, and (2) proof of concept, which is for completing all design and structuring activities to launch the vehicle after the feasibility study. The proposal must aim to use catalytic capital from public or philanthropic sources to attract private sector investment to the identified development challenge. Preference would be given to proposals targeting Southeast Asia. Proposals are only accepted from organizations or consortiums of organizations.

Maximum Amount: up to US$200,000 (grants for feasibility study); up to US$500,000 (repayable grants for proof of concept)

Submission Deadline: 30 September, 2023

For more information and guidelines on how to apply, please visit here.