Climate Impact Fund
for community-Led projects
in the Asia-Pacific Islands
Blended Concessional Finance to overcoming systemic climate challenges in Asia-Pacific Islands through radical collaborations and community-led projects to achieve SDGs and climate resilience.
ABOUT CLIMAP
What is Climap?
CLIMAP Fund, a Climate Action Impact Fund has New Zealand as basecamp, drawing inspiration from the pioneering spirit of Sir Edmund Hillary and supported by the Edmund Hillary Fellowship (EHF), which is a global network of over 500 entrepreneurs, investors, and innovators dedicated to creating positive change.
What Climap does?
The Fund will invest across climate mitigation, adaptation, regenerative agriculture, and oceans. Our focus will be the Islands of Asia-Pacific that are most vulnerable to climate change and where there are several barriers to making climate finance available.
How CLimap Does it?
We champion community-led climate projects backed by on-chain social fabric, with a unique Venture Studio, and are purpose-driven using blended concessional finance. CLIMAP Fund leverages Neighbourhoods Network that is driven by breakthroughs in Web 3 technology, distributed ledgers technology and peer-to-peer networks.
ECOSYSTEM SUPPORT
A key component would be in this approach to use tools that we fortunately already have within the network such as Neighbourhoods. It effectively allows communities to come together, and organize themselves better so that when capital lands within them, it results in a much more wholesome response, empowering the community instead of simply extracting from it.
Projects like Neighbourhoods enable communitarian responses to the broad range of crises we are confronted with, by making available a spectrum of socio-cultural and environmental data through use of low-cost ledger systems (on Holochain) to ensure sensor data, bio-diversity indicators and community contributions are maintained by default.
Neighbourhoods is important because they allow communities to have agency in the way in which they store and validate information, allowing them to deploy their own networks in a very simple and easy way without having to resort to institutions like either governments or large Web2 platforms which have typically maintained information for communities and so this information.
FUND DESIGN
The fund design largely relies on blended concessional finance, which entails mapping the various sources of finance, such as Multilateral Development Banks (MDBs), Development Finance Institutions (DFIs) on a concessional contract and also blending the funds from private investors and philanthropic funds, that could be focused on the island economies in the Pacific or Asia Pacific.
The deployment of the fund would be across a couple of different areas. One is the venture companies, the project itself, we have a base of EHF projects to start with. The other is the Venture Studio approach where we want to bring in some capital and thinking to build the right support structure to get these ventures to succeed. We would tap into the collective intelligence that exists in the EHF network and the extended network to make these ventures succeed. We would also put in micro-investment backed by on-chain social fabric in communitarian projects along with perpetual funding of Non-profit Organizations working on supporting fund activities.