Climate Investment Funds’ Programs

Offers a comprehensive toolkit to support countries in transitioning away from coal. It builds local support to reconsider the development of new coal plants and accelerate the retirement of existing coal assets.

Supports fossil fuel-dependent countries with the deployment of low- carbon technologies with significant potential for reducing long-term greenhouse gas emissions. It provides concessional financing to large-scale renewable energy, energy efficiency, and sustainable transport projects. South America’s first geothermal power plant is one of its many projects.

A funding window under the Clean Technology Fund, this program supports clean energy storage technologies to expand integration of renewable energy into developing countries. Funding from this program is expected to mobilize a further $2 billion in private and public investments.

Tackles deforestation and forest degradation by empowering Indigenous groups and developing countries to sustainably manage their natural resources and preserve the forest as a carbon sink. In Burkina Faso, which has lost 22 percent of its forest cover since 1990, one of the three interventions under this program is expected to prevent 6.87 million total carbon dioxide content (TCO2) of emissions.

Supports middle-income countries, where industries constitute a growing share of their overall emissions, by aiming to decarbonize industrial practices and change behaviors in the sector.

Aims to harness the land management experience and capacities of Indigenous groups for climate action and accelerate sustainable practices. At the same time, it seeks to work alongside key national, regional, and local stakeholders to adapt to climate change across a diversity of land uses and ecosystems and mitigate its effects.

Supports the world’s most vulnerable countries in integrating climate resilience into strategic development planning and then implementing the plans through innovative climate solutions. For example, in Jamaica and five other Caribbean nations, this program is enhancing their disaster risk management abilities.

Supports fossil fuel-dependent economies by enabling them to integrate renewable energy into their economies. This can include funding projects, such as enhancing the existing infrastructure to be renewable energy-ready or addressing potential regulatory barriers to a smooth transition.

Supports the deployment of renewable energy solutions, such as solar, geothermal, and wind, in order to increase energy access for the many global communities with no access to power. The program is one of the biggest global funders of mini-grids, with projects in 14 countries.

Will help countries undergoing challenges from rapid urbanization to support their newly emerging cities, while they are still in development, by ensuring that their growth is managed in climate-smart, green, inclusive, and sustainable ways.