SPONSOR SCOP Joins the Alliance for Industry Decarbonization (AFID)
SPONSOR SCOP Joins the Alliance for Industry Decarbonization (AFID)
Luxembourg – August 25, 2025 – SPONSOR (SCOP), a pioneering climate finance cooperative and digital solution enabling rapid origination, structuring, and financing of climate mitigation projects, is proud to announce its membership in the Alliance for Industry Decarbonization (AFID). AFID unites industry leaders, governments, financiers, and knowledge partners to accelerate the decarbonization of energy-intensive sectors in line with the Paris Agreement and global net-zero goals.
Joining AFID represents a strategic step for SPONSOR to contribute its expertise in climate finance and innovative structuring tools to a global platform dedicated to transforming industrial value chains and scaling renewable energy and green hydrogen deployment.
A Global Vision Backed by Proven Capabilities
SPONSOR has already established a project pipeline exceeding USD 25 billion across more than 12 countries, underscoring the cooperative’s growing role in the energy transition. Its first sovereign-level mandate is unlocking over USD 200 billion of climate mitigation projects, alongside advisory to a central bank on green bond issuance — demonstrating SPONSOR’s ability to engage high-impact stakeholders at the intersection of climate policy, finance, and development.
The SPONSOR AI-enabled platform integrates precedent deal experience, advanced structuring tools, and the world’s first global climate mitigation project (CMP) marketplace to bring projects to bankability and financial close at unprecedented speed. Recognized among the top 10 most innovative startups in the Catapult: Green Fintech program (by LHoFT and Luxembourg’s Ministry of Finance), SPONSOR is redefining how climate projects are financed.
Synergies with AFID
By joining AFID, SPONSOR will bring global capital mobilization expertise, advanced financial structuring, and access to its AI-powered platform to help accelerate AFID’s mission of industrial decarbonization. Areas of collaboration will include:
Renewables – Mobilizing capital for large-scale renewable energy generation and integration into industrial processes.
Green Hydrogen – Structuring and financing bankable projects to scale green hydrogen production and applications.
Bioenergy – Supporting investments in next-generation bioenergy solutions.
Human Capital – Enabling workforce reskilling and capacity building to accelerate the energy transition.
Finance – Unlocking blended finance solutions to mobilize over USD 120 billion of investments by 2030, in alignment with AFID’s enhanced COP29 commitments.
Joint Objectives & Strategic Impact
Together, SPONSOR and AFID will:
Accelerate investment flows into renewable energy, hydrogen, and other industrial decarbonization technologies.
Leverage digital tools and financial innovation to de-risk and structure projects for faster private sector participation.
Align with AFID’s five strategic pillars and global climate transition priorities, including cutting industry emissions by more than 50% by 2030 and scaling renewable capacity to 534 GW.
Michael Grimm, CEO of SPONSOR:
“Joining AFID reinforces our mission to make climate finance more accessible, scalable, and impactful. By combining SPONSOR’s platform and structuring expertise with AFID’s global network and industrial focus, we aim to fast-track renewable energy and decarbonization projects that support governments, industries, and communities worldwide.”
About S.P.O.N.S.O.R. (SCOP)
SPONSOR is a global cooperative based in Luxembourg uniting the climate finance industry with all customers as member-owners. The SPONSOR AI-powered fintech platform streamlines the origination, structuring, and financing of climate mitigation projects. By compressing project timelines from decades to 6–24 months, SPONSOR enables stakeholders to scale climate mitigation projects at the speed required to meet global decarbonization goals.
About the Alliance for Industry Decarbonization (AFID)
The Alliance for Industry Decarbonization (AFID) is a global multi-stakeholder initiative coordinated by the International Renewable Energy Agency (IRENA), co-chaired by Siemens Energy and Tata Steel, with Roland Berger as Knowledge Partner. AFID brings together leaders from industry, finance, government, and civil society to accelerate the decarbonization of energy-intensive industries.
Structured around five strategic pillars — Renewables, Green Hydrogen, Bioenergy, Human Capital, and Finance — AFID fosters collaboration, mobilizes investment, and supports knowledge exchange to drive industrial transition. At COP28 and COP29, AFID members committed to cutting industrial emissions by more than 50% by 2030, scaling renewable capacity beyond 500 GW, and mobilizing over USD 120 billion in energy transition investments by the end of the decade.
Contact:
Press@sponsorgo.com