SEforALL and GCFC have signed an MoU to strengthen climate finance capacity, support investors and unlock new funding for energy transition projects across emerging and developing economies.
Sustainable Energy for All and the Global Climate Finance Centre have signed a memorandum of understanding to accelerate climate finance action across emerging and developing markets through capacity building, strategic convenings and innovative financing solutions.
The agreement, signed on the sidelines of London Climate Action Week, aims to strengthen climate finance capacity, support sovereign wealth funds and financial institutions and advance financing solutions across countries where climate investment needs remain high.
The partnership comes at a time when implementation is taking centre stage in global climate discussions, reflecting a growing recognition that delivering the energy transition will require stronger institutions, deeper financial markets and greater collaboration between public and private actors.
Under the partnership, the two organisations will work together in key areas including climate finance training, institutional investor engagement and stakeholder convenings, with an initial focus on countries such as Nigeria, Senegal and Ethiopia.
SEforALL and GCFC will jointly develop and deliver climate finance training programmes for financial institutions, combining GCFC’s expertise in climate finance innovation and market intelligence with SEforALL’s extensive country networks and implementation experience across emerging and developing economies.
They will also explore opportunities to bring together governments, investors and development partners through high-level dialogues, roundtables and public forums aimed at accelerating climate finance flows where demand is greatest.
In addition, the partnership will examine innovative approaches to unlocking new sources of climate finance for energy transition projects.
“Climate finance must move faster, reach further and become more accessible to emerging markets. Through this partnership, we will help strengthen institutions, build local capacity and create practical pathways for mobilizing investment where it can deliver the greatest impact,” said Omar Saif, Vice President of the Global Climate Finance Centre.
Mikael Melin, Director of Partnerships & Development at SEforALL, said the transition required more than increased funding alone.
“The energy transition is not just about mobilizing more finance. It’s about ensuring countries have the right partnerships and tools to turn investment into real progress for people and communities,” he said.
The MoU was signed by Melin and Saif during London Climate Action Week.
As the annual gathering places increasing emphasis on implementation, the agreement highlights a broader shift in the global climate agenda from setting targets to building the systems, institutions and financing mechanisms needed to deliver them.
By combining their expertise, networks and resources, SEforALL and GCFC said they aim to help countries unlock greater flows of climate finance, strengthen investment ecosystems and accelerate progress towards sustainable, resilient and inclusive economies.
