FSD Africa is designing and implementing an ambitious plan to establish a project preparation facility (PPF) in Ghana to support transaction advisory and project development services for climate-aligned projects. Established alongside the FCDO GCIEP programme – and with the support of FCDO Ghana – the PPF has the ultimate aim to attract private finance to high-impact, investible projects that contribute substantially to closing the climate decarbonisation and adaptation financing gap in Ghana. The PPF aligns with FSD Africa’s mandate for financial market development, sourcing of public & private ‘project pipelines’, project-investor matching, design of innovative climate financing vehicles and beneficiary impact. The PPF will provide upstream resources to help early-stage projects progress towards feasibility, financial structuring and, ultimately, private capital mobilisation. It operates through two complementary funding windows: (i) grant financing, supporting early diagnostics and feasibility scoping; and (ii) returnable (i.e. zero-loan) financing, enabling downstream feasibility and structuring activities for projects that demonstrate credible investment potential.