CIF
With $12.5 billion CIF accelerates climate action by empowering transformations in clean technology, energy access, climate resilience, and sustainable forests in developing and middle income countries.
The Climate Investment Funds (CIF) is a multilateral climate finance mechanism that provides developing countries with scaled-up financing to pilot low-carbon and climate-resilient development. CIF operates through two main funding windows: the Clean Technology Fund (CTF) and the Strategic Climate Fund (SCF), which includes several programs like the Forest Investment Program (FIP), the Pilot Program for Climate Resilience (PPCR), and the Scaling Up Renewable Energy in Low Income Countries Program (SREP).
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Website Key Features
Clean Technology Fund
Supports the demonstration, deployment, and transfer of low-carbon technologies with significant potential for long-term greenhouse gas emissions savings.
Strategic Climate Fund
Provides financing to pilot new approaches with potential for scaled-up, transformational action aimed at a specific climate change challenge or sectoral response.
Forest Investment Program
Aims to reduce deforestation and forest degradation by supporting sustainable forest management and conservation practices.
Pilot Program for Climate Resilience
Helps countries integrate climate resilience into development planning and offers a range of financial instruments to support resilience-building activities.
Scaling Up Renewable Energy in Low Income Countries Program
Focuses on increasing energy access and economic opportunities through the deployment of renewable energy solutions.
Knowledge Sharing
Facilitates the exchange of lessons learned and best practices among countries and stakeholders to enhance the effectiveness of climate investments.
Stakeholder Engagement
Encourages active participation from civil society, indigenous peoples, and local communities in the design and implementation of projects.
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Additional information
Governance
CIF is governed by a Trust Fund Committee and a Sub-Committee for each funding window, comprising representatives from contributor and recipient countries, as well as observer organizations.
Funding
CIF has received pledges from 14 contributor countries totaling over $8 billion, making it one of the largest multilateral climate finance mechanisms.
Impact
CIF's investments have supported over 300 projects in 72 countries, leveraging an additional $55 billion in co-financing from other sources.
Partnerships
CIF works in partnership with multilateral development banks (MDBs) and other international organizations to implement its programs and projects.
Transparency
CIF is committed to transparency and accountability, with regular reporting on financial commitments, disbursements, and project outcomes.
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