Background
Since it was established in 2008, the Climate Investment Funds (CIF) has succeeded in accelerating progress towards a climate-smart future that leaves no one behind, promoting climate resilience, seeding investments in clean technology, and supporting sustainable forests.
A bold new commitment in June 2021 of $2 billion by four G7 nations to support CIF in accelerating the transition away from coal and enabling the integration of renewables into existing energy infrastructure has the potential to jumpstart the transformation of the energy grid, and to unlock a greener, more sustainable global economy.
CIF is now launching the selection process for identifying countries that will receive funding under its new Accelerating Coal Transition (ACT) investment program.
About the role
The Accelerating Coal Transition Investment Program will offer a comprehensive toolkit to support countries transitioning from coal to clean energy, tackling challenges linked to national strategies, people and communities, and land and infrastructure. The program will build support on the local level to reconsider development of new coal plants and accelerate the retirement of existing coal assets. In tandem, it will foster new economic activities fueled by new sources of energy. The program will work with public sector utilities and private sector operators to define paths to advance transitions.
An independent expert group is to be established to review and rank Expressions of Interest (EoI) submitted by countries eligible and interested in participating in the new CIF program, and present recommendations to the relevant governing body on the countries to be invited to participate in the new CIF program.
When formed, the group will include a balance of experts from both contributing countries and eligible recipient countries and will consider geographic and gender balance as well.
Selection criteria
Candidates must have:
To apply:
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