Mid-Term Evaluation of the UN Environment Project Seed Capital Assistance Facility, Phase II

This report is a mid-term evaluation of a UN Environment project which began in January 2014 and has an intended completion date of December 2021. The Project’s overarching intention is that “Developing countries are more able to pursue low carbon resource efficient development as more early stage climate investment is available on a commercial basis leveraging additional commercial capital for climate sector.” To that end, it provides funds to Development Companies and Private Equity Funds (Cooperating Partners) that these spend on building up a pipeline of finance-ready projects in “frontier” countries in Africa or Asia.