Evaluation process & criteria


After submitting your proposal, you will receive a confirmation from the Climate Invest system. After you submit, the PFAN team will perform a quick eligibility review of your application. If your project is found to be eligible, it will progress to the full evaluation. If it is not eligible, you will receive an email with an explanation and tips on how to improve the application. Evaluations of project proposals take place every quarter.

Please note that due to the quarterly scheduling of evaluations, it could take up to three months for your proposal to be evaluated. For the dates of the next evaluation round in your region, please contact us.

Your proposal will be evaluated by a minimum of two experts. The evaluation criteria are presented below.

Assessment CriteriaWeighting
Investment Opportunity and Project Structure15%
Market Analysis (Commercial Rationale)15%
Management Team & Organisation20%
Technology, Operations & Implementation Plan10%
Financials and Investment Structure10%
Identification and Mitigation of Risks10%
Environmental & Social Benefits10%
Professionalism and Presentation of the Proposal5%
Maturity of the Project5%