devinitorg/iati-policy-markers huggingface dataset:
RaboBank Acorn Agroforestry Carbon Programme To support farmers in making the transition to agroforestry at scale, Acorn has built a global, transparent, and technology-enabled marketplace for carbon sequestration. The additional income generated by the carbon credits will make the transition to agroforestry more financially sustainable for the farmers.

This programme presents a unique opportunity for FSD Africa to play a critical role in transitioning smallholder farmers in Africa towards more sustainable agricultural production systems whilst also potentially linking capital markets to natural capital.
Geothermal energy development risk by African (re)insurers FSD Africa funds will be used for technical capacity development and facilitation of East African insurance sector stakeholders, advocacy and technical assistance on regulatory adaptation, supporting the structuring and execution of a joint underwriting facility and advocacy and technical support to fundraise from African investors for geothermal investment.
Dynolabs Asset Management Ltd - Grant Support of FSDAi Debt Investment into segregated Investment Vehicle I and Lendable Fintech Credit Fund.

Activities and Outputs:
1) Identify the framework(s) stipulating performance standards in responsible lending and consumer protection.

2) Working with Alternative financial institutions in SSA to ensure that the standards in said framework are implemented.

3) Procure resources to educate customers on hedge implementation and management; identify potential strategies in complex markets and access data and tools to enable the development of those strategies.

4) Cover setup up and ongoing costs of hedging providers.

5) Cover legal costs associated with hedging instruments. 1) Strengthening Governance of Alternative financial institutions.

2) Mitigating Risk of Foreign Currency (FX) exposure. GRANT NUMBER: FSDAFRICA/FSDAI/056/2021 Alternative financial institutions.
4RD Project Developing a digital platform called the Carbon Value Exchange (CaVEx) that will facilitate the collection and aggregation of data for small scale climate positive activities to allow for the creation of carbon credits. CaVEx will also enable buyers or investors in climate action to purchase these carbon credits from small scale projects on an aggregated or unit basis using digital payments. Proceeds from the sale of carbon credits will be digitally transferred to the individuals involved in the small-scale actions, thus greatly improving access to climate finance for smaller projects that sequester or avoid carbon emissions and are currently excluded from accessing climate finance
Promoting an African voice for TNFD and nature-related financial risk management This intervention aims to support wider adoption of TNFD among African corporates and financial institutions, encouraging direct flows of finance towards ‘nature-positive’ activities.
Catalysing Climate Resilience BFA Global’s Catalyst Fund, an inclusive tech accelerator with a strong track record of success, is proposing to establish a climate resilience accelerator and investment facility to support the development of novel, sustainable and scalable solutions to climate change to increase the climate resilience and enhance the livelihoods of low-income people, including in Africa.  (Catalyst Fund – Accelerating innovations in digital finance for climate resilience)
People's Pension Holding BV It provides pension products to informal workers and low-income formal workers (without formal pension plans). Informal workers 
Low-income formal workers
ImFact BV ImFact BV intends to have subsidiaries in various African jurisdictions through which they will provide working capital financing to SMEs by purchasing pooled receivables across various sector verticals (e.g., logistics, healthcare, manufacturing etc.) SMEs
SADC Green Bonds Accelerate the take-up of green bonds as a tool for SADC member countries to tap into domestic and international capital markets to finance green projects and assets. The project will; support development of listing guidelines and regulations for green bonds, support a pipeline of potential issuers, engage the institutional investment community, undertake training/capacity building of various stakeholders on climate finance and support the adoption and/or enhancement of climate-related financial reporting/disclosures.
Frontier Clearing Funds (Frontclear) - Grant FCF aims to improve interbank liquidity in developing markets. It achieves its goals by providing USD guarantees for counterparties in certain interbank transactions. 

Guarantees are extended against collateral denominated in local currencies, which is often not considered acceptable collateral for interbank trades (especially given more stringent requirements under new Basel II/III regulation for OTC transactions). 

Apart from increasing access to capital for banks who need capital to on-lend to their clients, FCF will have the effect of strengthening financial markets by making it easier for banks to manage risks and by increasing the professionalism and transparency of financial markets in developing countries through, for example, the use of globally accepted, standardised transaction documentation. 

FCF is a market-based, demand-driven solution: it will be a profit-making business.
Digital Financial Innovation Platform This intervention aims to increase the number of accessible and affordable insurance products across Sub-Saharan Africa, through the active development of insurtech ecosystems. 

The mechanism for achieving this is an online Digital Innovation Platform – creating a digitally-based ecosystem that enables the next generation of insurtechs to develop a pipeline of scalable, regionally replicable use cases. 

The platform will be a 'one-stop shop', with an ecosystem of insurtech partners using the online space to connect, collaborate, host events, ideate, store content and learn.
Africa Regulatory Support Programme I The programme offers FSD Africa the opportunity to establish a strategic advisory relationship with the SSA capital markets regulators, building on the solid progress made with the Kenyan, Ugandan and Rwandese regulators.  Supporting the development of CMDMPs is fundamentally catalytic, given that without this kind of a strategy, capital markets development in any country would not have a purpose, both for short- and long-term. The development process should also create opportunities for regulators to sensitise a wide range of stakeholders about the benefits of capital markets development.
Lendable MSME Fintech Credit Fund (LMFCF) Providing a funding vehicle for Alterative Lenders in Sub Saharan Africa and South East Asia The Lendable frontier credit fund will mobilize capital from global institutional investors who have little visibility in Africa across 3 tranches (enabling a lower blended cost of capital of the 
fund) and channel these funds to alternative lenders who have largely been excluded from 
cheaper commercial capital which has consequently inhibited their scale. Alternative lenders
Kenya Credit Enhancement Facility Kenya Credit Enhancement Facility is a proposed non-bank financial institution that will be set up in Kenya to facilitate the issuance of irrevocable and unconditional credit guarantees to credit enhance long-term local currency debt backed by infrastructure related projects. This credit enhancement is expected to catalyse investment by institutional investors into issuances other than sovereign. The goal is to provide a 100% guarantee, thereby transferring credit risk from the sponsor to KCEF. Given the high target rating of KCEF, the wrap would enable domestic institutional investors to invest in the bonds issued by sponsors. Over time, it is expected, as has happened elsewhere, that sponsors will make repeat issuances without credit guarantees.
Sofala Capital •	Sofala Capital is a holding company that seeds and builds lending businesses focusing on affordable housing, with current operations of its investee companies in South Africa and Zambia. 
•	IBuild Home Loans provides micro-building mortgages to low-income South African homeowners who want to extend their homes to earn rental income, using in-house mechanisms to mitigate risks.
•	ZHL is the first building finance mortgage lender in Zambia licensed as a NBFI (non-bank financial institution), targeting mostly building projects that are partially completed. •	The debt to ZHL was advanced to grow the US$ denominated portion of the loan book. This has proven useful given the depreciation of the Zambian Kwacha which has resulted in an increase in interest rates and consequently reduced the viability of local currency loans. The loan was disbursed on 30 June 2018 as part of an independent series of the ZMW 45 million medium term note. It yields a net interest of 5% per annum and has a tenor of 7 years. 
•	The equity investment into IBHL and ZHL was to form a buffer upon which to build leverage and grow the business. For IBHL, the equity was also used by Sofala to increase its stake through exercising a call option that had been entered into with Praesidium.
Nigeria Green Bonds To accelerate the take-up of green bonds as a tool for Nigeria to tap into domestic and international capital markets to finance green projects and assets.
IHS Kenya Green Housing Partnership LLP Investment in affordable, green housing developments in Kenya managed by International Housing Solutions, an established investor in and manager of affordable housing in Southern Africa. The Fund invests in rental and for sale housing developments comprising of units valued at no more than KES 4.5 million each (adjusted to KES 5,008,608 (incl. VAT) for 2022 investments to account for inflation), predominantly in and around Nairobi. All developments conform to IFC’s EDGE environmental standards, and the Fund works with established developers to develop properties matching its investment requirements. Once the properties have been acquired, the Fund will utilise IHS' in-house resources to manage the portfolio properties and to facilitate their eventual disposal. Affordable housing
Africa Private Equity and Debt Programme Private Equity and Debt policy/regulations, Knowledge and Capacity Development, Transaction support.
Climate Finance Training To accelerate access to climate finance in sub-Saharan Africa by developing in-country capacity of regional policymakers, regulators, academia, and financial market participants.
Risk, Resilience and Regulatory Lab (R3LAB) FSD Africa launched R3Lab in March 2022 to address regulatory and supervisory challenges such as regulating innovation and other emerging risks through collaboration and cooperation. R3Lab platform is intended to develop and create an enabling regulatory environment by encouraging and facilitating regulatory and supervisory interactions between insurance regulators in Africa. R3Lab is also focused to offer customized capacity-building programs, peer to peer exchange platform, comprehensive learning toolkits, a resource center, data collection and reporting and topical taskforces and forums for insurance supervisors in Africa.
Africa Pensions Supervisors’ Network Programme This programme is a key building block for FSD Africa’s capital markets strategy which focuses on mobilizing domestic/local currency long term finance. The programme focuses on addressing demand side challenges and is expected to complement other ambitious programmes being initiated by FSD Africa including the Africa Private Equity and Private Debt Programme, Africa Capital Markets Housing Programme, and the various Green Bond programmes (Kenya, Nigeria, SADC). 

This programme presents an opportunity to address the various challenges facing the pension industry in Africa. Africa’s pension assets represent less than 1% of global assets with a pension coverage of only 9.6%, putting a significant percentage of the elderly at risk of old age poverty. There exists an opportunity begin to change the narrative by supporting initiatives aimed at effecting systemic change. This has a direct nexus with economic development, poverty reduction, improved livelihood and increased resilience of individuals.
ImFact Working Capital Solutions Limited - Grant 1) Building the capacity of SMEs in credit and cash flow management which will result in improved capacity by SMEs in accessing credit risk, managing receivables/ debtors and additionally the payment behaviors of each of their individual debtors. 

2) Foster SMEs’ better understanding of value chain/ working capital/ receivable products such as the one offered by ImFact thus resulting in in better networked, skilled, and informed ecosystem of partners across the continent for fintech factoring developed. ImFact intends to provide SMEs with off balance sheet working capital financing through a true sale of receivables. Grant Number FSDAFRICA/FSDAI/051/2022 Small Market Enterprises (SMEs)
ImpactAssets Inc - Collaborative for
Frontier Finance - Grant The mandate of the program is as follows:
1) To be relevant and contextual to ALCPs and their needs – tapping peer knowledge and support
2) Build upon what is available in the market
3) Apply the most replicable, and transfer the knowledge onto CFF/IFC’s joint Fund Manager 
Portal
4) And, to further support the broader ecosystem, where third party services are required, seek to apply local Africa-based tools/providers The overall objective of the Capacity Support Program is to provide the Nyala ALCPs with the necessary support to strengthen their capabilities and operation to attract additional investment capital from institutional investors successfully. 

The support will be provided through a cost-effective combination. of peer-to-peer engagement, access to digital resources, accelerated learning modules and focused coaching and training. Alternative Local Capital Partners (ALCPs) Grant Number: FSDAFRICA/FSDAi/035/2022
Frontier Clearing Corporation B.V. (“FCC” or “Frontclear”) Frontclear mobilizes the funds from investors to issue guarantees against local currency collateral assets (e.g., treasury bonds) held by the financial institution (Obligors), to allow the financial institution to access liquidity in the money market by borrowing from other banks (Beneficiaries). Financial institutions
Centre for Affordable Housing Finance in Africa - Grant The Open-Source initiative is targeted explicitly at investees who benefit from the investment of public money, and in this, participation is a requirement of investment. 

Additionally, the Open-Source initiative would be open to the participation of any developer or market player who would be prepared to ascribe to the principles, even without funding from an Alliance partner. The performance targets include:

1) Initiate the Open-Source initiative.
2) Pilot the data collection process.
3) Assemble, analyze and develop outputs from the pilot data.
4) Disseminate pilot outputs.
5) Institutionalize the Open-Source initiative.
6) Bespoke data collection process
7) Assemble, analyze and develop outputs from the pilot data.
8) Disseminate outputs.
9) Service the AHIA
10) Undertake AHIA-sponsored research. Grant Number: FSDAFRICA/FSDAI/058/2021 Affordable Housing Sector
African Local Currency Bond Fund This investment established by KfW in 2012 ad which sets out to address the current underdevelopment of local currency bond markets in Africa, with the objective of improving access to long-term funding for issuers as an alternative source of funding from the traditional short-term loans/overdrafts. The investment is expected to have the following effects:
▪ Mobilise domestic capital – the Fund will crowd-in local investors by acting as an anchor 
investor in local issuances, and never buying more than 30% of a bond. 
▪ Build technical capacity – the Fund’s TA facility supports local issuers with advice and 
technical support to bring bonds to market, and builds the skill set, standards and 
practices of market intermediaries (incl. placement agents and investment banks).
▪ Market sensitisation – increasing volume of bond issuances and application of best 
practices will heighten awareness around the opportunity to finance through bonds and 
grow a nascent asset class. New best practices enhance skills and standards among 
intermediaries that structure and market issuances.
▪ Reduce cost of capital – for issuers, the Fund will improve their capital structure by giving 
them access to long-term, local currency denominated finance which gives them greater 
planning security and removes foreign currency exposure.
▪ Better served end-users – for clients of the issuer, the enhanced capital structure of 
issuers will result in better financing options for end users as issuers are able to pass on 
cost savings and offer more appropriate products. FSDAi invested into the Fund to support issuers across SSA in inclusive sectors such as MSME lending, microlending, housing, agriculture, and infrastructure.
Persistent Energy LLC Persistent is an Africa-focused climate venture builder. It invests financial capital and human resources through its venture building model, from ideation stage through to early growth stage, working alongside entrepreneurs/ partners and supplying needed skills by seconding team members. Persistent accelerates the growth of its partner 
companies through two keyways:
• Investing human capital and leveraging its expertise through hands-on operating roles within management teams of investee companies, at board level, or as strategic advisers. The key support areas provided to entrepreneurs include financial & operational 
management, capital raising & structuring, business analytics & development of KPI tools, IT solutions. 
advisory, human capital advisory etc.
• Early-stage financial capital to support the growth of the partner companies (founding capital, seed, or Series A). Persistent predominately invests in equity and convertible debt and provide bridge loans when needed. Persistent investments include solar home systems and pay as you go technologies, commercial and industrial solar and mini-grids, e-mobility, productive use and ecosystem enablers
Investor readiness of tier 2 and tier 3 off-grid energy companies 1. Data generation support.
2. Operational improvements and execution support
3. Expansion of geography/ new market scoping
PharmAccess Project - NHIA The project will enable the NHIA and healthcare providers to operate sustainably and further develop the health finance systems in Ghana. Sustainable health financing would also benefit from applying value-based care perspectives to patient management – capturing and analysing data to inform the funding of healthcare services and delivery of services to clients
Ethiopia Central Securities Depository (CSD) This Project aims to support the National Bank of Ethiopia in acquiring and implement a Central Securities Depository and Settlement System. The CSD system will initially be used to facilitate the holding of government securities in electronic accounts, with the ability to be scaled for use for holding corporate debt securities, equities, and funds.
The CSD will ensure the safe custody of securities, ensure accurate record-keeping and reporting, reduce transaction costs, minimise risk, improve efficiency in the transfer of securities, facilitate the implementation of corporate actions, and improve the integrity of transactions. The CSD will promote increased liquidity and turnover on securities markets, increase transparency, and enhance investor confidence. An efficient and effective capital market will attract diverse investors, including foreign investors, increasing the volume and diversity of trades in Ethiopia’s capital markets.
Nithio Financial Intermediary B.V Nithio FI is a Dutch domiciled renewable energy financing intermediary that applies geo-spatial data, advanced analytics, and machine learning algorithms to:
1) underwrite and finance pay-as-you-go (PAYG) receivables assets

2) lower the cost of funds and improve the efficiency in delivery of the underlying assets at a lower cost to the end consumer 

3) increase the level of capital deployed in the off-grid sector (OGS). Lending activities primarily in Uganda, Nigeria, and Kenya to operators in the energy off-grid sector. Tier 2 & Tier 3 Pay-As-You-Go (PAYG) operators.
BlueOrchard Covid 19 Emerging & Frontier Markets MSME Support Fund Blue Orchard Emerging Markets MSME liquidity facility was conceived out of the liquidity and solvency challenges faced by strong microfinance institutions (“MFIs”) because of the Covid-19 crisis. •	Support selected financial institutions (“FIs”) in emerging and frontier markets, through the provision of liquidity to cope with the impact of Covid-19 on their operations and portfolios.
•	Ensure that FIs pursue on-lending support to their MSME clients so that they can benefit directly from the liquidity provided by the Fund.
•	Enable MSMEs remain operational across sectors and allow entrepreneurs and employees to maintain their jobs and have access to financial and non-financial support during and after the Covid-19 crisis. Strong microfinance institutions (“MFIs”)
Infra Credit TA Technical Assistance Facility to support InfraCredit’s pipeline companies across various areas and activities. The establishment of a revolving warehouse facility that will provide bridge financing to eligible greenfield infrastructure projects.
African Local Currency Bond Fund Technical 
Assistance Facility - Grant The core objective of the TAF is to support the activities of the ALCB Fund. This is achieved through (Objective A) direct support for Issuers to cover transaction costs and enhanced market standards; and (Objective B) initiatives aimed at broader market development and so to improve the investment environment for the ALCB Fund to deploy capital. GRANT NUMBER: FSDA/DEVCAP/085/2019
West Africa Blue The project aims to develop innovative benefits sharing and financing solutions for blue carbon projects. Blue’s objective is to use its current projects in Sierra Leone and Guinea as proofs of-concept for high quality, financially sustainable projects to help build the market and catalyze investment into the sector. The funding would be complementary and de-risk a potential future investment by FSDAi, facilitating deeper insight into Blue’s projects, increased exposure to the management team, and help with establishing its BSAs, a critical step to attracting further investment.
OTC Securities Exchange in Kenya This programme seeks to provide technical assistance for the formation of OTC Securities Exchange in Kenya:

• Support the structure and model of the OTC Securities Exchange. Involves setting up a project steering committee, hiring a project manager, design of a business plan and development of the OTC rules.

• Mobilization of capital for the exchange 

• Registration and licensing of the OTC Securities Exchange. Involves the incorporation of the exchange and setting up governance and shareholding structure, membership subscription, organisation structure, management team, location and facilities. 

• Operationalisation of the exchange which will see development and institutional capacity strengthening of the newly established exchange. Identification and lobbying the removal of regulatory obstacles which impede the participation of investors in the market.
Apollo Agriculture Apollo Agriculture is an agri-fintech, established in Kenya and now expanding into Zambia, which has successfully pioneered the development of an integrated platform able to deliver agri-inputs, advisory and financial solutions.  This combination of insured input credit and proven input packages has enabled Apollo’s client to increase farmer yields by up to 2.5x. While the platform makes strong use of digital technology to manage highly dispersed operations and credit risk management, it also leverages local agri-supply shops as agents to provide physical field presence as part of the Apollo solution.