The International Climate Finance Accelerator Luxembourg SARL (“ ICFA” or " Accelerating Impact") and the Luxembourg Finance Labelling Agency ASBL (“ LuxFLAG”), jointly referred to as the “ Parties”, are collaborating to launch this Request for Proposal covering two initiatives:
- ICFA is preparing to launch a social finance accelerator programme, inspired by and based on the ICFA’s climate programme with minor changes. This new programme needs eligibility criteria and exclusions around impact funds focussing on social impact.
- LuxFLAG is preparing the launch of a social impact label to direct capital from private and institutional investors to finance investments or projects that have a positive impact on social global challenges. This new label needs similar eligibility criteria and exclusions.
- Phase 1: Research and Creation of a Social Finance / Social Impact Finance Framework including:
- Phase 2: Consultations on the Framework