Innovations in Philanthropic Catalytic Capital for Climate Impact: Changing Who and What Gets Funded
Climate innovation is being slowed by a capital allocation problem. Too much funding flows to the same founders and financing models, while many urgently needed solutions remain overlooked. SMEs are the backbone of emerging markets, yet remain chronically underfinanced — particularly in Africa and SE Asia.
This session brings together leaders from The Table, Triple Effect Capital, Baylis Emerging Markets and Samudra Oceans, alongside investors, foundations and catalytic capital leaders to explore how strategic investment into SMEs, climate ventures and supply chains can unlock financial returns, crowd in capital, and accelerate scalable climate impact.
Framing
This short section provides context for the event to ensure all participants, regardless of prior knowledge, are equipped to engage with the discussion.
Catalytic capital refers to patient, flexible funding designed to generate positive impact while unlocking additional investment that would not otherwise flow through conventional markets. Examples include blended finance, philanthropic capital, and recoverable grants. Recoverable grants are non-dilutive grants that are repaid only if the SME (small or medium enterprise) or venture succeeds.. Many climate ventures face a structural funding gap where traditional capital arrives too late or on terms that constrain growth. This session explores how catalytic capital can help bridge that gap, accelerate climate innovation, and mobilise greater private investment.