PFAN's global network of expert consultants provides free business coaching and investment facilitation to entrepreneurs developing climate adaptation and clean energy projects in low- and middle-income countries. We aim to build clean energy markets one business at a time, mitigate climate change and mobilise private investment in support of the Paris Agreement on Climate Change and the Sustainable Development Goals. PFAN is hosted by UNIDO and REEEP in Vienna, Austria.
For information about PFAN's latest calls for proposals, click here.
How Does PFAN Work?
Any entrepreneur wishing to launch or scale up a climate adaptation or clean energy project in a low- or middle-income country, and looking for investment of up to USD 50 million, is welcome to send in a proposal to PFAN. We are currently accepting submission from Asia and Sub-Saharan Africa; for other regions please keep an eye on the PFAN website to learn about upcoming calls for proposal. Proposals must be submitted online, through PFAN’s custom-built project management system.
Each proposal is reviewed by a minimum of two expert evaluators, who assess the maturity, viability and climate change mitigation potential of the project. Selected projects are inducted into the PFAN Project Development Pipeline. At this stage, they are assigned a coach, usually based in the same country. Coaches are selected from PFAN’s global network of clean energy and climate adaptation financing experts.
The Project Development Pipeline consists of three distinct streams:
- Long-Term Development Pipeline: Projects that are not yet investment-ready are placed in this stream, where they receive coaching for up to 18 months to reach investment-readiness. After finishing their coaching trajectory, they can be moved into the Investment Facilitation or Clean Energy Investment Forum streams.
- Climate & Clean Energy Investment Forum: Projects on the verge of investment-readiness can be selected for participation in a Climate & Clean Energy Investment Forum, where developers get the chance to pitch their business plans directly to a room full of investors. In the run-up to the Forum, these projects receive intensive coaching to perfect their business plans and investment pitches.
- Investment Facilitation: Investment-ready projects are placed in the Investment Facilitation stream, where they benefit from one-on-one support by the Investment Facilitation Team, including targeted introductions to investors.