Sustainable Energy and Climate Change Initiative (SECCI)

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The Sustainable Energy and Climate Change Initiative (SECCI), agreed to in 2007 and established in 2009, is a specialised instrument of the IDB in order to provide support to concrete climate change and renewable energy-related projects in Latin America and the Caribbean, as well as to mainstream climate change into IDB operations.

SECCI is a multi-donor fund, sourced through its own means, and through development partners including; Finland, Germany, Italy, Japan, Korea, Spain, Switzerland, and the UK. SECCI’s initial budget amounted to USD 20 million.

Eligibility to Receive Funding: Governmental and non-governmental institutions, NGOs and the private sector

Regional Focus: Latin America and the

Caribbean

 Sector Focus

The support under this initiative covers climate adaptation and mitigation. The four strategic pillars are:

  • Renewable energy and energy efficiency;
  • Sustainable biofuel development;
  • Access to carbon markets; • Adaptation to climate change.

Funding Conditions

Mainly grants. Applicants should make their own contribution (in cash or in-kind) of at least 20%. The SECCI grant per project should not exceed USD 1 million. No country is able to receive funding amounts that are 30% higher than the total amount of SECCI funds available.

Application Procedure

The funds are managed by the Sustainable Energy and Climate Change Unit of IDB. The funds are allocated to finance a broad range of issues on the above mentioned strategic pillars, ranging from a policy framework analysis to policy reforms, project identification, preparation and implementation, and mainstreaming climate change risks and vulnerability reductions. More details can be found online.

Contact IDB

1300 New York Avenue, N.W., Washington, D.C.

20577, USA

Tel. +1 202 623 1000

Website: https://www.iadb.org/en/topics/climatechange/secci-unit-functions,1482.html

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