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Co-funded by the European Union

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By supporting business climate and investment environment reforms, the ICR Facility aims to help generate more decent jobs and contribute to improving livelihoods in African, Caribbean and Pacific (ACP) countries.

Technical Assistance for Business Environment and Investment Climate Improvement

The ICR Facility offers specific and targeted technical assistance of up to 90 expert days for business environment and investment climate improvement initiatives. Technical assistance is provided at the economy-wide, sectorial and value chain level based on requests. 

What are the areas for Technical Assistance offered?

  • Business Environment Reform 
    Identification, design, implementation and evaluation of business environment reforms in areas such as business registration and licensing, investment policy, and tax administration, among others;
  • Business Environment for Sustainability
    Promotion of sustainability in the business environment through innovative approaches such as social entrepreneurship, climate-smart investment, inclusive businesses or gender-specific reforms, among others;
  • Public-Private Dialogue (PPD)
    Strengthening the PPD processes and its key stakeholders for more impactful and sustainable development policies.


We would like to inform you that we will only be accepting new requests for technical assistance until July 15th, 2024.

Should you have any questions, please do not hesitate to reach out to us at

Strengthening National and Subregional Development Finance Institutions

The ICR Facility supports selected national or sub-regional development finance institutions (DFIs) with tailor-made capacity building. Capacity building can be provided in three areas:

  • Capacity Building in developing and delivering specific products
    e.g. green bonds, funds-of-funds, credit insurance, buyer/ supplier credit;
  • Using blended finance instruments and building investment pipelines
    by peer exchange, facilitated business incubation programs, dissemination of market information to participants (match making, market briefings etc.); 
  • Strengthening institutional structures
    with regards to monitoring, evaluation, ESG standards, reporting and governance.

The ICR Facility further supports a greater number of DFIs through the dissemination of good practices and lessons learned from tailor-made capacity building.e

Compile and Mainstream Lessons Learned and Good Practices

Through the activities and lessons learned of our interventions, the ICR Facility identifies, compiles and shares good practices for improving the business environment and investment climate. The ICR Facility supports communication among peers who are active in business environment and investment climate reform. Public and private actors will have innovative tools at hand to create a more conducive, sustainable and inclusive business environment. This includes:

  • Developing, compiling and sharing knowledge products
    like policy briefs or tools for policy-makers and practitioners;
  • Promoting the debate via interactive communication 
    like blog posts, social media, and webinars;
  • Enabling peer-to-peer learning 
    by sharing knowledge and giving advice on innovative instruments.
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