Vulnerability to Viability (V2V) Compact Grant
••••• Fund
A fund based in Austria
The V2V Compact is a long-term development finance framework designed to improve climate-vulnerable countries' access to affordable financing for climate adaptation and resilience projects. It targets developing nations most exposed to climate impacts, offering concessional and blended finance instruments from a multilateral development fund.
About this grant
The Vulnerability to Viability Compact is a long-term development finance framework offering concessional and blended finance to support climate adaptation and resilience projects in developing nations most exposed to climate impacts. Grants are available to local authorities, nonprofits, social enterprises, universities and research institutions based in climate-vulnerable countries across Africa, Asia, Latin America and the broader Global South. Projects must demonstrate clear climate adaptation or resilience outcomes and applicants must show capacity for long-term financing commitments and repayment. The framework targets countries and regions facing significant climate risks seeking affordable access to development finance for climate-related infrastructure and initiatives.
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Frequently asked questions
- Who can apply for Vulnerability to Viability (V2V) Compact?
- Eligibility covers organisations in GLOBAL-SOUTH, AFRICA, ASIA, LATAM; local-authority, nonprofit, social-enterprise, university, research-institution. The full eligibility conditions are part of the Pro detail.
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