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FAQs

Q: How can this tool benefit me right away?

A: For teams crafting funding applications for the Green Climate Fund or similar entities, this web application significantly boosts their efficiency and productivity. The tool is best used as an internal review mechanism to ensure better proposal organization, precision, and quality.

Q: How does it save time and make me more efficient?

A: The application includes several advisor-tools specializing in evaluations, drafting, and research. It automates labor-intensive tasks such as evaluating Concept Notes and proposals with greater accuracy than humanly possible, ensuring close adherence to funders' investment criteria.

Q: How do you ensure the privacy and security of user data?

A: User privacy and security are our top priorities. We employ stringent protocols, including encryption of data both in transit and at-rest, and store all user information on secure servers. Access to this data is strictly limited to authorized personnel.

Q: How Does the software know how to evaluate the Concept Notes and Proposals?

A: To inform Climate Finance Co-pilot’s processes, we primarily utilize the GCF’s publicly available materials on how it evaluates funding applications.

Most specifically, the software is “trained” on the GCF’s Investment Criteria Scorecard (ICS) and other guidance related to proposal evaluations. According to the GCF “the “scorecard is intended to help entities to self-appraise and the GCF Secretariat to appraise funding proposals against the GCF investment criteria more objectively.”

Q: Who reviewed its automated evaluation processes to ensure validity and usefulness?

A: During its development, Climate Finance Co-pilot was assessed by various grant writers and improved based on their feedback. However, foundational to how it scores proposal narratives is its knowledge of the GCF’s own scoring rubrics.

Q: Many language models are available publicly. Why should I pay to use Climate Finance Co-pilot?

A: Unlike generalist language models such as Chat GPT, Climate Finance Co-pilot is a domain-specific tool trained on climate finance processes. It generates and structures narratives to align with GCF standards and includes safeguards against generating false outcomes. This specialized focus and accuracy justify its use over free, generalist models.

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Q: Why was it developed?

A: Recognizing that over 70% of project proposals from the developing world are rejected by top green financiers, Climate Finance Co-pilot was created to help resource constrained teams overcome common issues leading to proposal rejections.

Q: What is the cost of the service?

A: Pricing details are currently unavailable as the cost is linked to token consumption, varying based on language model usage. After the initial rollout, we will introduce a three-tier pricing structure based on performance capabilities and token allocations.

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Climate Finance Copilot was created to accelerate your access to climate funding from the global financiers of climate mitigation and adaptation initiatives.

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Get started for free and harness the power of AI to create winning proposals.

Q: Is this software only for Green Climate Fund projects?

A: Climate Finance Co-pilot is currently focused primarily on the Green Climate Fund. Over time, it will expand to include more funders and donors.

Q: What kind of organization is this tool suited for?

A: The Climate Finance toolkit was designed for climate finance operations looking to boost their internal productivity by 3x – 5x. This includes Accredited Entities, Nationally Designated Authorities, Project Proponents, etc. The software helps these organizations accelerate the production and review of funding packages and boost their overall quality prior to submission.

Q: For what phase of the project cycle is the tool best suited?

A: Climate Finance Co-pilot is valuable for all phases of the project cycle, especially for project research, Concept Note development, and quality review. Whether starting with core information for a project idea or evaluating a full proposal, it ensures alignment with funders' requirements.

Q: How can it help with problem areas like Climate Rationale and Theory of Change (ToC)?

A: We have developed specific tools for these challenges, including workflows that guide you through the process of developing Climate Rationale and ToC. These task-specific tools assist in developing narratives that meet the criteria of the GCF and other funders.

Q: How does the software know country-specific information?

A: Climate Finance Co-pilot uses multiple data sources, starting with the project details, country, and sector, all of which the user will provide. For climate science, it pulls from our rigorously vetted database of climate science articles, ensuring accuracy and avoiding model hallucinations. (i.e. inaccurate sources and links).

Q: Who developed Climate Finance Co-pilot?

A: Oliver Barrett, a former climate analyst for the Center for Climate and Security (D.C.) and software program manager for the US government, developed Climate Finance Co-pilot. The project is financially backed by a group of Caribbean investors committed to climate justice.

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