Finvest@ETAF

IRENA ETAF Platform and its relationship with ICAO Finvest:

The Energy Transition Accelerator Financing (ETAF) Platform, led by the International Renewable Energy Agency (IRENA), is a multi-stakeholder climate finance facility designed to mobilise more than USD 4 billion annually by 2030 for renewable energy projects in developing countries. ETAF connects governments, project developers, and financing partners to accelerate the deployment of clean energy technologies aligned with global decarbonisation goals.

Through the Finvest@ETAF portal, IRENA and ICAO are facilitating the opportunity for sustainable aviation fuel projects to be included in ETAF’s global pipeline of renewable energy opportunities. This collaboration allows aviation-related clean energy projects to be co-presented within both ecosystems.

By harmonising ETAF’s clean-energy financing network with ICAO Finvest’s specialised aviation focus, the partnership aims to:

Broaden access to capital by matching SAF developers with ETAF’s vetted renewable energy investors.
Accelerate project maturation by leveraging both platforms’ due-diligence tools and capacity-building resources.
Support climate impact through coordinated reporting and alignment with international climate and aviation decarbonisation goals.

In October 2024, ICAO and the International Renewable Energy Agency (IRENA) signed a Memorandum of Cooperation (MoC), with the purpose of establishing a dedicated project submission portal [Finvest@ETAF] enabling projects to be assessed (technical, sustainability and financial) by IRENA’s 14 partner financial institutions.

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