Skip to main content

Request for Proposal (RFP): ICFA – Social Finance Definition

By 26th. April 2024No Comments

The International Climate Finance Accelerator Luxembourg SARL (“ICFA”) 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.

The Parties have already performed a preliminary framework, based on various studies, working group meetings, on exchanges between the Parties. The Parties are seeking proposals to assist us to implement the below scope of work. This includes, but is not limited to, the following phases and deliverables:

  • Phase 1: Research and Creation of a Social Finance / Social Impact Finance Framework including:
  • Phase 2: Consultations on the Framework

For a full scope of work, evaluation guidelines, timeline, and further details, download the full RFP attached to this post.

Contact information

For inquiries, please contact For submission, please send your proposal to: and

The deadline for submission is 12-May-2024; 23:59 CET.

Download PDF
Please note that this Request for Proposal is subject to the ICFA General Terms of Business.