---
title: Ideas for Greening financial systems or Electrifying urban mobility?
description: Submit an innovative project idea in greening financial systems or electrifying urban mobility. Apply now for grants of up to £500K
image: https://www.ukpact.co.uk/hubfs/shutterstock_1341039113%204-1.jpg
---

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# Ideas for Greening financial systems or Electrifying urban mobility?

 1 Sep 2020

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[Applications are now open ](https://grchallengefund.ukpact.co.uk/)for the Green Recovery Challenge Fund in Asia (Bangladesh, India, Indonesia, Thailand, Vietnam) across two funding round themes.

The programme will deliver grants of up to £500,000 to help ODA-eligible countries accelerate their low-carbon transition by supporting projects that promote a green, resilient and inclusive recovery. The programme will award projects related to the following themes:

**Greening financial systems** will support target countries to mainstream climate-related financial risks and opportunities in order to accelerate the low-carbon transition and enable a green recovery.

**Electrifying urban mobility** aims to advance more equitable, accessible and cleaner transport systems in target Asian countries, with a focus on electric vehicles.

**  
What’s next?**

- The funding window is currently open, so please [submit your application now](https://grchallengefund.ukpact.co.uk/). Closing date for submitting an Expression of Interest is 15 September 2020 at 12:00 BST.
- You can get support on applications with our [guidance notes](https://www.ukpact.co.uk/green-recovery-challenge-fund/guidance) and you can also watch our handy application guidance video related to our platform on our guidance page
- For additional support, please [check out our FAQs](https://www.ukpact.co.uk/hubfs/grcf/grcf-faqs.pdf?utm_campaign=GRCF%20Market%20Engagement&utm_medium=email&_hsmi=93086717&_hsenc=p2ANqtz--pK2wA4NyA1m2DDfoKAiJCKjci2sZTBb1j01cmQ12tdUdfCq1FsZTxhrd74s7x_0ysEC2LnouDl8r8BDFR7hlhjOFIIRUQD2I6d7z1-rLEm6fX8m0&utm_content=93086717&utm_source=hs_email)

Submitting an Expression of Interest is provides us with details of how your project can make a real difference in the targeted themes for this programme. If you need any additional support, please email [grchallengefund@ukpact.co.uk](mailto:grchallengefund@ukpact.co.uk).

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