Climate Finance
Grant funding
Non-repayable capital used to cover costs that commercial investment will not fund.
Grants typically finance feasibility studies, community engagement, tenure clarification and monitoring infrastructure — work that is essential but generates no direct revenue.
In carbon projects, grants are the usual source of early-stage money, and their absence is a common reason credible projects stall before reaching the stage where credit revenue is possible.
Frequently asked questions
Why can't project revenue fund these costs?
Because credits arrive only after years of work and verification, leaving a financing gap at the start.
What is the risk of grant dependence?
Continuity. Projects designed around one grant cycle may not survive its end.