Mobilising Private Capital for Climate: Lessons from Donor-Led Competitive Funding Windows and the Path Ahead

​Adaptation finance remains chronically underfunded relative to mitigation. So what does it actually take to turn catalytic capital into mobilised private investment?

​Join the Investment Mobilisation Collaboration Alliance (IMCA) at COP31 for a 60-minute moderated panel drawing on IMCA's last three competitive funding windows: BFET, AFW and the most recent Adaptation Finance Window for Africa (AFWA).

​What we’ll explore

• ​Competitive procurement as a mobilisation tool: how open calls surface strong pipelines and discipline the pricing of concessionality, and where the trade-offs lie

• ​Adaptation as a harder mobilisation problem: pipeline maturity, revenue model uncertainty and geographic concentration, drawing on the 56 eligible AFWA proposals

• ​The capital-access gap for Africa-based managers: why structural bias in LP capital toward internationally managed funds needs to be actively counteracted

• ​The case for donor collaboration: why harmonised due diligence, reporting and timelines, and better-synced DFI engagement, are a catalytic lever in their own right

​Access IMCA's Insights Report: Blended Finance in Practice: Lessons from IMCA’s Funding Windows

​Access AFWA Market Insights Dashboard: Adaptation Funds in Africa