WITH $11.1B PLEDGED, THE CLIMATE INVESTMENT FUNDS IS ONE OF THE LARGEST ACTIVE CLIMATE FINANCE MECHANISMS IN THE WORLD.
A WORLD-LEADING MULTILATERAL CLIMATE FUND
- Delivering unparalleled levels of climate finance to almost 400 climate-smart projects
- Taking on first-mover risks and testing new business and investment models
- Mobilizing partners, opening markets, and catalyzing transformational change in more than 70 developing countries
A LEARNING LABORATORY
- Building on over 10 years of experience
- Laying the foundation for evidence-based learning to enhance climate investments
- Broadening outreach to raise awareness and inspire change
A PIONEERING FUND
- Unlocking ever-greater ambition and investments in a climate-smart future
- Addressing emerging priorities to accelerate coal transitions, renewable energy integration, industry decarbonization, and the development of climate-smart cities.
IMPACT
72 Countries
A global leader in climate finance, the Climate Investment Funds (CIF) is the largest multilateral climate fund focused on transformational climate innovation in 72 middle- and low-income countries. Established at the request of G8 and G20 countries in 2008, CIF works exclusively through six multilateral development banks (MDBs) to mobilize investments to pilot and scale cutting-edge climate solutions to address frontier climate challenges the MDBs can’t fight on their own.
390+ Projects
To date, donors have pledged over $11 billion to CIF, enabling it to support almost 400 projects in 72 low- and middle-income countries. Independent evaluations have shown that CIF accelerates climate action by empowering transformations through programs in the areas of clean technology, energy access, climate resilience, and sustainable forests in middle- and low-income countries.
7 Programs
CIF’s large-scale and long-term financing lowers the risks and costs of climate financing. It enables the testing of new business models, builds track records in unproven markets, and boosts investor confidence to unlock additional sources of finance. Building on its success, CIF has launched new programs that focus on accelerating coal transitions, renewable energy integration, industry decarbonization, and the development of climate-smart cities.
Current Targets
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32.8 gigawatts in clean power capacity worldwide and over 14,000 gigawatt-hours of energy saved
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Strengthened capacity of 45.2 million people to cope with climate change
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41 million hectares of sustainable forests
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Broader energy access for 9.9 million people
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75.5 MtCO2 in annual greenhouse gas reduction
Financing
SUSTAINABLE DEVELOPMENT GOALS CONTRIBUTION
