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Press Release
Cambodia Hosts High-Level Forum on Climate Resilience in Asia-Pacific Region
Apr 08, 2024
Press Release
Climate Investment Funds Approves $85 Million To Launch North Macedonia Coal Phase-Out
Mar 20, 2024
Press Release
Climate Investment Funds Endorses Kenya’s $70 million Plan for 100 percent Clean Energy
Jan 31, 2024
Press Release
CIF Receives $568M Boost from US Treasury and Accelerates Efforts to Issue CIF Capital Markets Mechanism Bonds
Dec 03, 2023
Press Release
Tariye Gbadegesin Appointed CEO of the Climate Investment Funds
Nov 27, 2023
Press Release
CIF Endorses $100 million For Energy Integration in Costa Rica and Fiji
Nov 10, 2023
Press Release
Climate Investment Funds Approves $70 Million to Enable $9 Billion Energy Transformation in Brazil
Jun 30, 2023
Press Release
Climate Investment Funds Earmarks $40 Million for Indigenous-led Climate Action in Seven Countries and One Region
Jun 27, 2023
Press Release
CIF Approves $70 Million To Accelerate Colombia’s Integration of Clean Energy Into the Power Grid
Feb 02, 2023
Press Release
Climate Investment Funds Takes on Industry Decarbonization Challenge With New Program, $500 Million Fundraising Effort
Nov 11, 2022
Press Release
Climate Investment Funds to Deploy Over $350 Million for Nature-based Solutions Globally, Starting in Four Countries and One Region
Nov 09, 2022
Press Release
Climate Investment Funds Endorses New Blueprints Unlocking $1 Billion for Just Coal Transitions in South Africa and Indonesia
Oct 27, 2022
Press Release
New CIF Program Harnesses Nature to Scale Climate Action, Sustainable Food Supply in Developing Countries
Jun 01, 2022
Press Release
CIF Begins Historic $2.5B Coal Transition Pilot in Four Developing Countries
Nov 04, 2021
Press Release
CIF Unveils Effort to Prepare Power Grids in Developing Countries for a Clean Energy Future
Nov 04, 2021
Press Release
Cambodia Hosts High-Level Forum on Climate Resilience in Asia-Pacific Region
Apr 08, 2024
From April 1 to 4, 2024, Ministry of Economy and Finance of the Government of the Kingdom of Cambodia, Climate Investment Funds (CIF), and the Asian Development Bank (ADB) hosted the high-level “Asia-Pacific Knowledge Exchange (APKE)” in Phnom Penh, Cambodia. His Excellency Dr. AUN Pornmoniroth, Deputy Prime Minister, Minister of Economy and Fi...
Press Release
Climate Investment Funds Approves $85 Million To Launch North Macedonia Coal Phase-Out
Mar 20, 2024
WASHINGTON - Today, the governing board of the Climate Investment Funds, a pioneering multilateral climate fund delivering low-cost finance to over 70 developing countries, approved an $85 million investment plan presented by the Government of North Macedonia to transition away from coal and embrace clean energy.With this approval, CIF delivers the...
Press Release
Climate Investment Funds Endorses Kenya’s $70 million Plan for 100 percent Clean Energy
Jan 31, 2024
Washington, DC – The Trust Fund Committee of the Climate Investment Funds (CIF) endorsed a $70 million plan, with an initial allocation of $46.39 million, to advance the integration and utilisation of renewable energy in the Kenyan grid, enabling the country’s transition to 100 percent clean energy by 2030. This approval, as part of CIF’s Ren...
Press Release
CIF Receives $568M Boost from US Treasury and Accelerates Efforts to Issue CIF Capital Markets Mechanism Bonds
Dec 03, 2023
United States Secretary of the Treasury Janet L. Yellen affirmed the U.S. continued support to the Climate Investment Funds (CIF) through a new $568m loan to CIF’s Clean Technology Fund (CTF) and U.S. support for a 2024 launch of the CIF Capital Markets Mechanism (CCMM) at the COP28 Ministerial event ‘Scaling Up Just Energy Transitions to Enabl...
Press Release
Tariye Gbadegesin Appointed CEO of the Climate Investment Funds
Nov 27, 2023
The Trust Fund Committee of the Climate Investment Funds (CIF) announced today the appointment of Tariye Gbadegesin as Chief Executive Officer, effective March 2024. Tariye will lead one of the world’s largest multilateral climate funds with over $11Bn pledged, pioneering clean energy transitions, nature-based solutions and resilience in over 70 ...
Press Release
CIF Endorses $100 million For Energy Integration in Costa Rica and Fiji
Nov 10, 2023
[versión en español a continuación]WASHINGTON, DC — The governing board of the Climate Investment Funds (CIF) has endorsed two wide-ranging investment plans to transform the energy systems of Costa Rica and Fiji and help enable each country’s grid system to absorb and channel more clean power. Each investment plan represents a first-of-its-k...
Press Release
Climate Investment Funds Approves $70 Million to Enable $9 Billion Energy Transformation in Brazil
Jun 30, 2023
BRASILIA, June 30, 2023 – Today, the governing board of the Climate Investment Funds (CIF) endorsed a $70 million plan to support grid flexibility for clean energy integration in Brazil.The concessional finance from CIF’s Renewable Energy Integration (CIF REI) investment platform will accelerate an ambitious green energy transformation in Brazi...
Press Release
Climate Investment Funds Earmarks $40 Million for Indigenous-led Climate Action in Seven Countries and One Region
Jun 27, 2023
BRASILIA—The governing board of the Climate Investment Funds has endorsed a plan to earmark $40 million in grant financing to empower Indigenous and local communities to advance climate action in Brazil, Dominican Republic, Egypt, Ethiopia, Fiji, Kenya, Rwanda, and Africa’s Zambezi River Basin region.The allocation is part of the CIF’s $370 m...
Press Release
CIF Approves $70 Million To Accelerate Colombia’s Integration of Clean Energy Into the Power Grid
Feb 02, 2023
WASHINGTON—The governing board of the Climate Investment Funds (CIF) endorsed a wide-ranging investment plan to fast-track the transformation of Colombia’s energy system and help enable its grid system to absorb and channel more clean power.A first-of-its-kind investment in South America, the decision provides Colombia with access to $70 millio...
Press Release
Climate Investment Funds Takes on Industry Decarbonization Challenge With New Program, $500 Million Fundraising Effort
Nov 11, 2022
SHARM EL-SHEIKH, November 11 2022—Today, the Climate Investment Funds (CIF) launched CIF Industry Decarbonization, the world’s first multilateral investment program to help developing countries decarbonize hard-to-abate industries such as iron and steel, cement, chemicals and petrochemicals, aluminum, and pulp and paper. The initiative aims to ...
Press Release
Climate Investment Funds to Deploy Over $350 Million for Nature-based Solutions Globally, Starting in Four Countries and One Region
Nov 09, 2022
SHARM EL-SHEIKH, November 9, 2022—The Climate Investment Funds (CIF), one of the world’s largest multilateral funds for climate action in developing countries, will finance nature-based solutions to the climate crisis in Egypt, the Dominican Republic, Fiji, Kenya, and Africa’s Zambezi River Basin Region, cutting across Zambia, Malawi, Mozambi...
Press Release
Climate Investment Funds Endorses New Blueprints Unlocking $1 Billion for Just Coal Transitions in South Africa and Indonesia
Oct 27, 2022
WASHINGTON—The governing board of the Climate Investment Funds, one of the world’s largest multilateral funds for climate action in developing countries, endorsed new investment plans set to allocate $1 billion for a just transition from coal to clean power in South Africa and Indonesia. The decision intends to equip each country with access to...
Press Release
New CIF Program Harnesses Nature to Scale Climate Action, Sustainable Food Supply in Developing Countries
Jun 01, 2022
STOCKHOLM, June 1, 2022—Today, the Climate Investment Funds (CIF) launched the CIF Nature, People, and Climate (NPC) investment platform to pilot and scale nature-based solutions in developing countries. Announced during the UN’s Stockholm+50 international meeting, the program will promote and protect natural environments known to be integral i...
Press Release
CIF Begins Historic $2.5B Coal Transition Pilot in Four Developing Countries
Nov 04, 2021
WASHINGTON, DC—Today, the Climate Investment Funds (CIF) launched the nearly $2.5 billion Accelerating Coal Transition (ACT) investment program, a first-ever effort to advance a just transition from coal power to clean energy in emerging economies. South Africa, India, Indonesia, and the Philippines, representing over 15% of coal-related emission...
Press Release
CIF Unveils Effort to Prepare Power Grids in Developing Countries for a Clean Energy Future
Nov 04, 2021
WASHINGTON, DC—Today, the Climate Investment Funds (CIF) launched the Renewable Energy Integration (REI) program, a first-of-its kind investment program designed to help developing countries transform their energy systems to absorb ever-growing levels of variable renewable energy generation.Ukraine, Fiji, Colombia, Kenya, and Mali are the first p...
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