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Subnational Climate Fund (SCF) Grant

••••• Fund

A fund based in United States

Summary

A blended finance equity fund investing up to $150M in climate-resilient, low-carbon infrastructure and nature-based solutions across developing countries, LDCs, and SIDS. Targets sustainable energy, waste/sanitation, regenerative agriculture, and nature-based solutions at the subnational level.

Summary by Raise Lens from the official notice · 2 Sept 2026Accurate?

About this grant

A global blended finance equity fund managed by Pegasus Capital Advisors investing in mid-sized climate-resilient, low-carbon infrastructure and nature-based solutions in developing countries, including LDCs and SIDS. Targets sustainable energy, waste and sanitation, regenerative agriculture, and nature-based solutions at the subnational level. Anchored by a first-loss tranche of up to USD 150 million from the Green Climate Fund and supported by a USD 28 million technical assistance facility managed by IUCN.

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Frequently asked questions

How much funding does this grant offer?
Subnational Climate Fund (SCF) offers Up to $150M.
Who can apply for Subnational Climate Fund (SCF)?
Eligibility covers organisations in GLOBAL, GLOBAL-SOUTH, AFRICA, ASIA, LATAM, OCEANIA; startup, sme, large-company, nonprofit, social-enterprise, local-authority. The full eligibility conditions are part of the Pro detail.