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Compete Caribbean+ is looking for innovative and transformative projects aimed at enhancing government and regulatory capabilities to foster climate-smart, gender-responsive business practices and promote inclusive growth in the Caribbean region.
Proposed projects should focus on strengthening public regulatory and policy frameworks and institutional capacities to enable climate-smart and inclusive private sector growth.
Selected projects will receive technical assistance and grant funding for implementation.
This Call for Projects aims to support initiatives that strengthen public governance linked to stimulating sustainability practices and climate action by the private sector, as well as promoting gender-responsive inclusive growth.
Eligible applicants include: (i) national governmental institutions and line ministries; (ii) national quasi-government Agencies and Business Support Organizations (BSOs); and (iii) national and regional organizations and business entities in partnership with member Governments.
The projects will be evaluated according to the following criteria:
1. Relevance and Alignment – 20%
2. . Innovation and Impact – 20%
3. Feasibility and Sustainability – 25%
4. Execution Arrangements and Institutional Capacity – 20%
5. Gender and Social Inclusion – 15%
Projects selected against the above evaluation criteria will receive the following awards:
1. Technical Assistance
• Selected project concepts will receive support from a professional consultant/firm to refine and develop the concept into a comprehensive Project Proposal, as needed.
2. Grant Awards
• These project proposals will receive Non-reimbursable technical assistance of up to US$200,000 (up to 80% of the total proposed project budget)
Note: The lead agency/project partners are expected to contribute at least 20% of the total proposed project budget (cash or in-kind (e.g. staff time, equipment, facilities)).
Optional attachments to upload include:
• Any documentation or photos that may facilitate understanding.
Deadline for Submission: March 14, 2025
(*) Countries can reach out to the CC+ team for support and guidance before March 7, 2025
The purpose of this Call for Proposals is to identify and support initiatives that enhance government and regulatory capabilities to foster climate-smart and gender-responsive business practices in the Caribbean. Through this call, CC+ will deliver Technical Assistance to solve regulatory and institutional capacity bottlenecks aimed at strengthening public governance to drive climate resilience, inclusive growth, and support climate action and competitiveness by the private sector.
Project Concepts should be aligned to one or more of the following CC+ priorities:
I. Strengthen Public Governance
• To incentivize and empower the private sector to engage in climate action and/or adopt sustainable business practices that increases its competitiveness.
• To draft, enhance and/or support the implementation of gender-responsive, climate-related legislations, regulations, policies and supporting frameworks to promote competitiveness and climate action by businesses.
II. Build & Enhance Institutional Capacity
• To enhance institutional capacity to formulate, implement and monitor climate-related policies that influence/intersect with private sector development, including those that comply with their Nationally Determined Contribution (NDC) commitments or National Adaptation Plans (NAPs).
• To enhance knowledge and awareness of Gender Equity and Social Inclusion strategies for policymakers involved in climate governance to help them develop, implement and better participate in socially inclusive climate change governance mechanisms and solutions that also stimulate private sector development.
III. Develop and Implement Climate-Smart Actions and Action Plans
⦁ To develop and implement plans that support climate action and the net-zero transition by the private sector and identify private sector partnerships for implementation;
⦁ To design and promote incentives to support new Blue/Green innovations and sectors including to foster new green skills and market opportunities;
• To empower policy makers to better lead and advocate for socially inclusive climate change governance mechanisms and mitigation/ adaptation solutions that intersect with private sector development.
Eligibility Criteria
Who Can Apply
Eligible Projects
A few examples of projects are listed below and a more detailed list is included in the downloadable Guidelines Document.
Proposals are expected to outline a demonstrated commitment to promoting climate resilience, adaptation and mitigation measures in the private sector, through design, enhancement and/or implementation of innovative green policies, legislations, standards and guidelines that integrate considerations for gender equity and the inclusion of vulnerable populations.
Project Concepts will be evaluated according to the following criteria:
1. Relevance and Alignment (20%) |
o Alignment with CC+ Pillar 2 Criteria to support public sector initiatives, legislation policies and regulatory frameworks that incentivize private sector climate actions. |
o Alignment with Nationally Determined Contributions (NDCs), National Adaptation Plans (NAPs), or other relevant national or regional climate goals and priorities. |
o Promotes environmentally and socially responsible business practices that integrate considerations for gender equity and vulnerable populations. |
o Clear focus on promoting/enabling climate resilience and advancing climate change adaptation and mitigation measures with direct private sector benefits. |
2. Innovation and Impact (20%) |
o Additionality (Added Value, Impact and Benefits) created by this intervention. |
o Introduction or expansion of novel or transformative solutions that have the potential to create significant climate change benefits. |
o Size of expected impact on businesses. |
o Size of expected impact on the Country. |
3.Feasibility and Sustainability (25%) |
o Clarity and feasibility of the proposed implementation project with clear identification of Risks and Mitigation Strategies |
o Effective use of existing resources, infrastructure, partnerships, or co-financing to maximize the project’s impact |
o Evidence of plans for long-term sustainability of project outcomes and to scale the results achieved once the CC+ project ends. |
4.Execution Arrangements and Institutional Capacity (20%) |
o Evidence of public sector interest and leadership in the project/solution. |
o Demonstrated capacity of the lead entity to implement the project with adequate human, financial and other resources, and any project partners identified. |
o KPI’s are clearly outlined and strategies and needs identified to guarantee success and ensure relevant stakeholder engagement and benefits. |
5.Gender and Social Inclusion (15%) |
o Clear inclusion of gender considerations in project design, implementation and outcomes. |
o Evidence of efforts to benefit marginalized or underserved groups including women, youth, indigenous and rural communities and those including those severely impacted by climate change. |
* Counterpart Contributions: The lead agency/project partners are expected to contribute at least 20% of the total proposed project budget (in cash and/or in-kind). Examples include staff time, equipment, facilities, or other operational costs directly tied to the implementation of the project.
** Award Conditions: CC+, in collaboration with Country focal points, IDB Specialists and/or Regional Development Partners, will shortlist up to three (3) projects per country, from which one (1) will be selected for funding, Funds will be awarded to selected projects, subject to the following conditions:
a) The project is submitted and led by a Public Sector Entity/ Quasi Government Agency and recommended for funding by the respective Government via a Letter of Request. Regional projects should be recommended for funding by two or more Caribbean Countries that are included as direct beneficiaries. A Letter of Request should be received from each Country (i.e. the relevant Government/ Quasi-Government) entity respectively.
b) The project has a clear focus on strengthening governance, is aligned with promoting climate adaptation, mitigation, and/or resilience building actions in the private sector, and integrates an element of fostering gender equity, diversity and social inclusion.
c) In the case of beneficiary executed projects, a legal agreement to use CC+/IDB funding and counterpart resources towards the implementation of the selected project must be signed by all relevant parties. Note that the IDB/CC+ may stipulate additional requirements, prior to disbursement of funds.
SELECTION PROCESS
Phase I – Project Concept Submission
After submitting your application online, an IDB team of project specialists will review, analyse, and shortlist up to three (3) project concepts per country against the evaluation criteria, one of which will receive financing after discussion with government authorities. Regional projects including two or more eligible countries will be considered in a separate category.
Phase II – Project Proposal Development
CC+, in collaboration with Country focal points, IDB Specialists and/or Regional Development Partners, will select one (1) project for funding. Following the selection, and if required, a consultant or consulting firm will be engaged to assist in developing a comprehensive project proposal for submission to the IDB’s project approval process. This process is expected to take approximately three (3) months, though the timeline may vary depending on the maturity of the project concept and other factors. The lead entity and project partners are expected to actively participate and collaborate closely with the selected consultant or firm throughout the proposal development phase.
Phase III – Project Implementation
Final approval is subject to CC+ and IDB’s internal procedures. Implementation of approved projects is expected to begin in Q4 2025. Project execution will be planned for a period of up to 36 months.
(*) Countries can reach out to the CC+ team for support and guidance before March 7, 2025
Submit all queries before March 7th, 2025 to competecaribbean@iadb.org.
At the minimum, 13 projects will be selected for financing (one per eligible country), plus an indeterminate amount of regional proposals. has context menu.
(*) Countries can reach out to the CC+ team for support and guidance before March 7, 2025
Submit all queries before March 7th, 2025 to competecaribbean@iadb.org.
Download, complete, and upload these required documents via the application form:
*Regional projects should be recommended for funding by two or more Caribbean Countries that are included as direct beneficiaries. A Letter of Request should be received from each Country (i.e. the relevant Government/ Quasi-Government) entity respectively. For regional projects, the lead entity may be Regional Agencies acting in collaboration with and on behalf of project beneficiary countries.
Optional attachments to upload include any supporting documents, such as:
Deadline for Submission: February 28th, 2025
(*) Countries can reach out to the CC+ team for support and guidance before March 7, 2025
Submit all queries before March 7th, 2025 to competecaribbean@iadb.org.
Gain clarity and consistency in understanding key terms with the Common Definitions and Terminology Handout. This document includes common definitions and terms from the climate change field and lexicon. It also provides clear definitions of concepts, terms, and phrases used throughout the Call for Projects. It is designed as a guide to ensure Applicants have a shared understanding of the language and requirements of the program, supporting accurate and comprehensive submissions.
DOWNLOAD COMMON DEFINITIONS HANDOUT
Explore practical inspiration for your proposal with the Project Ideas and Examples Handout. This guide lists project ideas and provides illustrative examples of initiatives that align with the objectives of this Call for Projects, offering insights into potential project concepts across various sectors and themes. Use this resource to spark ideas and ensure your project aligns with programme goals.
DOWNLOAD PROJECT IDEAS HANDOUT
(*) Countries can reach out to the CC+ team for support and guidance before March 7, 2025
Submit all queries before March 7th, 2025 to competecaribbean@iadb.org.
Stay updated on the latest news, projects, and opportunities from Compete Caribbean. Join our community and be part of the region’s growth story.