We are pleased to announce that the UK Partnering for Accelerated Climate Transitions (UK PACT) programme has launched a new funding opportunity within the Amazon Regional Fund, in the Green Finance sector.
Access to green finance is essential for advancing low-carbon, climate-resilient development in the Amazon region. In both Peru and Bolivia, the transition to sustainable economies is heavily dependent on mobilising private and public resources. However, access to financing remains a key barrier, particularly in rural and high-biodiversity areas, where infrastructure gaps and regulatory hurdles deter investment.
In Bolivia, achieving the country’s updated NDCs will require nearly 30% of its current GDP, much of which is contingent on international support. Although recent green and social bond issuances signal momentum, structural reforms and better coordination are needed to unlock larger flows of sustainable finance. In Peru, the government aims to mobilise $5.8 billion in private green investments by 2030, yet a pipeline of bankable projects and innovative financing tools is still lacking, especially in the Amazon where biodiversity holds untapped economic potential.
Through this Call for Proposals, UK PACT seeks to catalyse investments aligned with national climate goals by supporting the design and structuring of green projects. These could include clean energy, sustainable agriculture, nature-based solutions, and biodiversity-friendly business models that address the financing gap and boost inclusive, sustainable transitions in Amazon regions while explicitly tackling gender-based and structural barriers to financial access, participation and benefit-sharing among women, Indigenous Peoples, people with disabilities, youth and other marginalised communities and groups.
Through this new funding opportunity, the Amazon Regional Fund will support projects that can contribute to the sustainable development through green and climate-related practices.
What are we looking for?
Following bespoke engagement with government counterparts, non-government organisations (NGOs), civil society, and the private sector, it is expected that projects under UK PACT contribute to expand and secure access to green finance in two areas of intervention:
- Support the development of sustainable finance in Bolivia: generating the enabling conditions for increasing capital flows towards a successful transition to a low carbon economy in line with the country’s NDC.
- Promoting linkages and fostering ecosystem for bioeconomy value chains in the Peruvian Amazon: enabling them to access finance, reach markets, and validate bio-based solutions through last-mile implementation (scaling). This includes building a pipeline of viable projects ready for investment and promoting a shared political instrument and joint vision for the bioeconomy, with clearly prioritised sectors to guide and sustain the growth process.
Who can apply?
For-profit and non-profit organisations can apply. Government agencies and/or departments (including sub-national governments) are not eligible to apply either as a lead organisation or partner in a consortium.
All organisations that consider themselves capable of delivering the project activities presented may submit proposals, considering aspects such as cost-effectiveness, project management, impacts on GEDSI (Gender Equality, Disability and Social Inclusion), technical capacity of the organisation or proposing consortium.
For full details on how to apply click the button below.
