Proposals submitted by 15 August 2025 will receive priority consideration
In a bid to scale-up renewable project financing in Central Asia, the International Renewable Energy Agency (IRENA) is inviting public and private sector renewable energy project developers from across the region to submit proposals to be considered for financing opportunities under the Agency’s Climate Investment Platform (CIP) and Energy Transition Accelerator Financing (ETAF) platform.
This call intends to support ongoing efforts by Central Asian countries to increase the use of renewable energy to address the rising demand for energy, diversify their energy mix, support economic growth and meet climate objectives. Eligible projects in gaining access to financing, investment partnerships, and de-risking instruments.
How to Apply
To qualify for the CIP, projects must be beyond the conceptual stage and align with sustainable development goals and national climate action priorities. Meanwhile, ETAF caters to larger-scale projects requiring substantial capital investment, with criteria including completed feasibility studies and financing readiness.
Climate Investment Platform (CIP)
The CIP is a joint initiative of IRENA, United Nations Development Programme (UNDP), and the Sustainable Energy for All (SEforALL), in collaboration with the Green Climate Fund (GCF). The CIP seeks to enhance capital mobilization and impact investing in renewable energy in developing countries.
Eligibility Criteria for CIP:
- Supports clean energy transition and national climate goals.
- Be beyond the conceptual stage, with pre-feasibility or preliminary studies completed.
How to Submit:
- Visit: https://www.irena.org/Energy-Transition/Partnerships/CIP
- Click: “Submit a Project” and upload supporting documentation
Energy Transition Accelerator Financing (ETAF) Platform
ETAF provides financing support for large-scale, investment-ready renewable energy projects, backed by over USD 4 billion in committed resources from 14 global financing, investment and de-risking partners.
Eligibility Criteria:
- Capital expenditure requirements of at least USD 25 million for private or Public-Private Partnerships (PPPs) and USD 10 million for public sector projects.
- A readiness level that includes a completed feasibility study, grid availability, offtake agreements, and financing readiness.
How to Submit:
Want to strengthen your proposal?
To support developers in preparing high-quality submissions, IRENA will host a dedicated webinar on June 30, 2025. The session will offer guidance on eligibility criteria, how to apply, and practical tips for submitting a bankable, investor-ready proposal. This must-attend event will provide invaluable insights that could enable your project to attract financiers’ interest.
Interpretation will be available in Russian.
