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Projects in Developing Countries


All too many Renewable Energy (RE), Water Security and other critically important projects in more than 100 Developing Countries within Asia, Europe, South America and Africa are on-hold, delayed or shelved due to the fact the financials of the project cannot support traditional financing models. These projects need to be expedited. Not delayed. 

To help ensure Developing Countries prioritize critically important Renewable Energy, Water & Food Security Projects, etc and make sure their establishment is not hampered or delayed by financial constraints, Project Developers in Developing Countries and Small Island States are able to access a multitude of supportive Climate Change Development Funds and initiatives which can boost the financial viability of their Projects in these countries. However many Project Developers, who are very experienced in undertaking projects in Developed Countries are not aware, or do not know how to apply for these low cost Development Funds, available to projects undertaken in Developing Countries.

The WCCC aims to help kick start, stalled critically important energy & security Projects within Developing Countries, by utilizing its experience in accessing Climate Change Development Fund Concessional Loans and Grants on behalf of Project Developers, from a list of pre-qualified Development Banks & Funds which have a mandate to support these types of Projects in Developing Countries.


The WCCC understands that Project Developers find it difficult to find large, unbudgeted sums of monies from existing tight project development budgets, to fund unplanned contractors. Hence the WCCC is prepared to be engaged by Project Developers, whom wish to gain Grants and Concessional Loans from Climate Development Banks and Funds for their projects, on a Success Fee basis. This ensures no added financial pressures are exerted on the project during its establishment phase.

The WCCC will,

  • Leverage the 66% (approximate) of traditional funding for a Project in a Developing Country to gain grants and concessional loans for the other 33% of the project.

  • Bring together a small key group of National & International Climate Change Development Banks and Funds into each Project in Developing Countries and Small Island States. 

  • Develop all the necessary responses to various Climate Change Development Funds Criteria which will ensure the project is eligible for Climate Change Development Funding. Including but not limited to the Project's,

    • Sustainable Development impact for the beneficiary country

    • Influence on systemic change towards low carbon and climate-resilient society of the beneficiary country 

    • Potential for scaling-up and replication 

    • Knowledge and learning potential for the beneficiary country

    • Contribution to the creation of an enabling environment , including social, economic and environmental co-benefits

    • Ability to limit and reduce greenhouse gas emissions in the context of promoting sustainable development and a paradigm shift in the beneficiary country

    • Ability to deliver on the needs of the beneficiary country

    • Beneficiary country ownership and capacity to implement the project

    • Coherence with beneficiary country's existing policies

    • Capacity to deliver economic efficiency to the beneficiary country

    • Benefit-cost ratio of activity

  • Operate on a small Retainer, which is required to demonstrate the Developer's commitment to the Project + a SUCCESS FEE of, 0.5% - 1% of any Grant Monies Concessional Loans gained by the WCCC for the Project. 

Example Combination Finance Package (RE Project)

In many Developing Countries and Small Island States' present Feed-In Tariffs (FiTs) for wind, solar, geothermal, etc are just too low to ensure the financial viability of proposed projects. 

Project: (example only)

Construction of a 25 MW Onshore Wind Farm (Same applies to Geothermal, Solar, etc)

  • Construction & Establishment Cost US$60 million

  • Present Developing Country Feed-in Tariff 8 cents/kwh

  • 15 year Power Purchase Agreement (PPA)

Loan Structures (example only)

  • USD 40 million (66%) Traditional Commercial 10 year loan or Green Bond interest 3-5% p.a. gained by the Project Developer

  • USD 20 million (33%) Concessional 16 year Loan by Climate Development Fund 0-2% p.a. after concession period.

Terms of Traditional Commercial Loan (example only)

  • Payments on this loan would be made from income of the 25MW wind farm starting from year one of operation.

Terms of Concessional Loan (example only)

  • The concession of this loan is that no payments will need to be made from years 1-6 of the loan.

  • Payments on the Concessional Loan will begin from year 7 

Tailored Finance Packages

Different Project types in different Developing Countries and Small Island States' can have vastly different financial sensitivities and needs weighing down the viability of the project.

The WCCC will work with Project Managers to assist them identify financial solutions which match their project needs.

For example Feasibility Studies can be costly, especially for Geo-Thermal Power Plants. The WCCC can assist Project Managers gain Grants for these studies from Climate Change Development Banks and Funds.

Preliminary Project Assessment

The WCCC will undertake a preliminary assessment of each project submitted by Project Developers to determine if it is eligible for Climate Change Development Finance & Funds before agreeing to undertake the writing of any formal Funding Proposals. This assessment is completed at no cost to the Project Developer.


If you have a project within a Developing Country or Small Island State which you would like have preliminary assessment made as to whether or not it maybe eligible for a Concessional Loan or Grant from a Climate Change Development Bank or Fund, please contact:-

Mr Paul Phillips

International Director

World Climate Change Challenge

SKYPE - paulwccc

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