The SDG Impact Finance Initiative (SIFI) :Call for Proposals Scaling Investable Solutions for Water and Ocean Resilience.

✓ Raising Adaptation Impact andAmbition (RAIA)is a UK Aid-fundedclimate adaptation projectunder
the Foreign Commonwealth and Development Office (FCDO)’s Climate Adaptation and Resilience
(CLARE) Research Programme , led by the United Nations Environment Programme (UNEP ) in
partnership with Stockholm Environment Institute (SEI). RAIA addresses persistent gaps in economic
evidence, research capacity, and policy tools needed to promote effective climate change adaptation
in developing countries. Despite growing climate impacts, many countries still struggle to identify priority adaptation investments, evaluate their economic costs and benefits, and incorporate adaptation into national planning, budgeting, and financing frameworks. These challenges lead to low ambition for adaptation and hinder the optimal use of available climate finance. RAIA addresses these challenges by bridging the science-policy divide.
✓ It aims to enhance the capacity of economic researchers to produce policy-relevant analysis, co-created with relevant stakeholders so that this evidence is used to strengthen government plans, policies, and strategies that enable countries to pursue equitable and inclusive climate-resilient development pathways.

Applicants must meet the following eligibility requirements:
✓ Eligible thematic areas include:

✓ Sustainable aquaculture and coastal livelihoods
✓ Nature-based coastal protection and restoration
✓ Water security and resource efficiency
✓ Ocean data and monitoring for adaptive management
✓ Climate risk finance, including insurance solutions and resilience bonds

Proposals must align with at least one of the following Sustainable Development Goals:
✓ SDG 6 – Clean Water and Sanitation
✓ SDG 13 – Climate Action
✓ SDG 14 – Life Below Water
✓Gender equality (hashtag#SDG 5) should be integrated as a cross-cutting objective.
✓Eligible funds must allocate at least 70% of investments to countries listed on the OECD-DAC List of ODA Recipients. Solutions targeting low-income and least-developed countries, as well as funds with a strong focus on Asia and the Pacific, including local fund management teams in the region, are highly encouraged. At least one selected fund will demonstrate strong alignment with SDG 14.

✓ Co-operation with SIFI team

✓ Total SIFI commitment: up to CHF 7,250,000
✓ Instrument: First-loss equity
✓ Eligible fund types: Private Equity, Private Debt, Venture Capital or Guarantees
✓ Target fund size: Minimum USD 20 million