SPONSOR (SCOP), a pioneering climate finance cooperative and digital solution enabling rapid origination, structuring, and financing of climate mitigation projects, is proud to announce SPONSOR’s inclusion in the International Renewable Energy Agency’s (IRENA) Climate Investment Platform (CIP). Joining the CIP marks a significant step toward expanding the impact of both CIP and SPONSOR on the global energy transition.
A Global Vision Backed by Proven Capabilities
SPONSOR has already established impressive traction with a pipeline of climate and sustainability projects exceeding USD25 billion in over 12 countries, cementing the cooperative’s international reach and ambition. SPONSOR also secured its first sovereign contract to unlock more than USD200 billion worth of climate mitigation projects and is providing advisory support to a central bank for a green bond issuance — showcasing SPONSOR’s ability to engage with high-level, impactful stakeholders.
SPONSOR’s AI-enabled platform combines lessons learned from hundreds of precedent deals, collaboration and efficiency tools, and the world’s first global CMP marketplace serving all stakeholders to speed projects to financial close. This innovation recently earned SPONSOR recognition among the top 10 most innovative startups in the Catapult: Green Fintech program, supported by LHoFT and Luxembourg’s Ministry of Finance. 
Synergies with the IRENA Climate Investment Platform
Through CIP, SPONSOR will contribute global capital mobilization expertise, advanced financial structuring capabilities, and access to the SPONSOR platform. This strengthens CIP’s capacity to support projects including:
- Renewable energy projects that are beyond the concept stage and are aligned with national climate and development goals.
- Grid-connected and off-grid infrastructure that enables energy access including grid upgrades, distributed renewable energy systems, and energy efficiency.
- Projects worldwide with a particular focus on developing countries through technical assistance, capacity building, and matchmaking with financiers.
Joint Objectives & Strategic Impact
This collaboration aims to:
- Expedite bankable renewable energy investments throughout the world.
- Leverage SPONSOR’s platform to de-risk and structure investments, unlocking faster private sector deployment.
- Align with IRENA’s global energy transition goals, including COP-endorsed initiatives like energy planning coalitions.
Michael Grimm, CEO of SPONSOR:
“Being accepted into IRENA’s Climate Investment Platform is a major milestone. We’re excited to unite our financial innovation and climate mitigation project finance expertise with IRENA’s global momentum and network to bring renewable energy projects across the world to financial close, faster.”
About S.P.O.N.S.O.R. (SCOP):
SPONSOR (SCOP) is a global cooperative based in Luxembourg uniting the climate finance industry with all customers being member-owners. The SPONSOR AI-powered fintech platform streamlines the origination, structuring, and financing of climate mitigation projects. Through expert advisory services to governments, utilities, and project developers and powerful scalable technology for all stakeholders, SPONSOR aims to compress project timelines from decades into as little as 6 to 24 months, helping projects reach financial close faster and to enable the climate mitigation industry to rapidly scale from USD2 trillion in 2024 to theUSD5.5 trillion needed annually. SPONSOR’s AI-driven platform and recent partnerships showcase our global reach and innovation.
About the IRENA Climate Investment Platform (CIP):
The Climate Investment Platform (CIP) is a joint initiative by IRENA, UNDP, and Sustainable Energy for All, in collaboration with the Green Climate Fund, designed to boost capital mobilization and impact investing for renewable energy projects in developing countries. CIP operates as a demand‑driven platform, offering tailored technical assistance and project facilitation to registered project proponents to help them reach bankability and to match them with financial institutions for investment.
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