Innovative Finance
A component of CCA’s Catalytic Finance Accelerator
A component of CCA’s Catalytic Finance Accelerator
CCA’s primary vehicle for delivering its innovative finance agenda is the Catalytic Finance Accelerator (CFA), a global market development program launched in 2023.
The CFA aims to spur significant growth in funding and investment in the sector by influencing the behavior and decisions of players in carbon markets, financial markets, and emerging markets. It will address challenges that prevent high-growth catalytic capital from supporting clean cooking. The CFA has four programmatic components: instilling smarter policies, standards, and principles; building improved market information, tools, and infrastructure; improving the capacity of clean cooking solutions providers; and attracting new pools of capital from adjacent sector investors, outcome buyers, and funders.
The clean cooking ecosystem can only take advantage of the opportunities provided by carbon finance if projects show integrity, transparency, and accountability.
Transaction costs can be reduced by simplifying access insights, evidence, and research, and increasing productivity through platforms, toolkits, and challenges.
Future pools and flows of capital for clean cooking can be unlocked through evidence building and convening local financial market actors.