IRENA (International Renewable Energy Agency) has launched a call for proposals aimed at boosting the development and financing of renewable energy projects in Latin America.
The initiative invites developers, governments, and industry stakeholders to submit proposals that may be considered for financial support through the CIP (Climate Investment Platform) and the ETAF platform.Energy Transition Accelerator Financing), two tools designed to facilitate access to capital and partnerships for clean energy in the region.
Proposals submitted by March 1, 2026, will be prioritized in the evaluation process, with the aim of accelerating resource mobilization and providing risk reduction instruments that stimulate the decarbonization of Latin American economies, promoting a just and sustainable energy transition.
The call for proposals is open to projects developed in various countries in the region, including Argentina, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Suriname, Uruguay, and Venezuela.
What is CIP?
CIP is a joint initiative of IRENA, UNDP (United Nations Development Programme) and... SEforALL (Sustainable Energy for All), in collaboration with Green Climate Fund, whose objective is to mobilize investments in renewable technologies in developing countries.
To be eligible under the CIP program, projects must have progressed beyond the conceptual phase and possess pre-feasibility or preliminary studies, in addition to being aligned with the UN Sustainable Development Goals (SDGs) and national climate action priorities.
The ETAF platform, on the other hand, is geared towards medium- to large-scale renewable energy projects that require significant capital investments. These projects must have completed feasibility studies, demonstrated availability for grid connection, existing power purchase agreements, and the financial capacity to receive financing.
ETAF offers access to financial instruments with a total of US$4 billion committed by its global partners, with the aim of accelerating the implementation of clean energy solutions in emerging economies.
More information can be found here. link.
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