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Catalytic awarded two new mandates by GFCR and CAFI to deploy catalytic finance for the protection of coral reefs and the Central African forest

Thursday 9 January 2025

Catalytic will strengthen synergies between the GFCR (Global Fund for Coral Reefs) Equity Fund and GFCR UN Fund by providing technical assistance to investee businesses tailored to yield enhanced benefits for coral reef ecosystems and communities. In addition, Catalytic will support the GFCR in fostering early-stage funds/financial vehicles with the aim to support regional actors that can support/finance portfolios of reef-positive businesses acting as aggregators.

• Catalytic will deploy technical assistance and capital acceleration for CAFI (Central African Forest Initiative) into projects and companies at an early stage of their development and/or presenting a financial risk that would not be acceptable by commercial investors and yet, considered as potentially bringing a lot of value in the growth or the structuring of the investment market with positive impacts on stopping deforestation.

Geneva, January 9th – The Catalytic Finance Foundation (Catalytic) is proud to announce that it has been awarded two mandates to manage the technical assistance and capital acceleration of two major initiatives, namely the GFCR and CAFI, in alignment with its mission of driving catalytic financial solutions aimed at achieving the Sustainable Development Goals (SDGs). Catalytic’s selection reflects our robust experience in mobilizing blended finance solutions aimed at fostering private sector engagement in climate resilience and sustainable forest management.

CAFI launched a Call for Expressions of Interest to identify implementing partners capable of offering innovative finance solutions that engage private sector actors and social enterprises in addressing deforestation in Central Africa. In response, Catalytic proposed a tailored approach to expand CAFI's Private Sector Investment Facility, which was established in late 2023 with an initial commitment of $100 million. With this mandate, Catalytic will play a key role in building a pipeline of bankable projects and mobilizing private sector investments to support sustainable land use and forest conservation efforts across the region for the Central African forest which is the second largest forest on earth.

Similarly, the Global Fund for Coral Reefs (GFCR) issued a Request for Applications (RFA) seeking Technical Assistance and Capital Acceleration Providers to strengthen the resilience of coral reef ecosystems and the communities that depend on them. Catalytic’s winning proposal focused on delivering tailored technical assistance and unlocking capital to support innovative, scalable projects that promote both ecological and economic resilience in coral reef regions.

Commenting on these awards, David Albertani, Chief Executive Officer of Catalytic, stated: “We are honored to be entrusted with these important mandates by CAFI and GFCR. Both initiatives align perfectly with our mission to accelerate the design and deployment of catalytic finance solutions that drive sustainable investments and create lasting impact for the planet and its people.”

https://globalfundcoralreefs.org/https://globalfundcoralreefs.org/https://www.cafi.org/
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