Jul 13, 2021
Submission Deadline: August 26, 2021
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. Now, after widespread consultation, CIF has mapped the next frontier of climate challenges – among them, the coal transition, and the transformation of electrical grids.
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) and Renewable Energy Integration (REI) programs.
All eligible countries are invited to submit an Expression of Interest (EoI) by August 26, 2021.
This Call for Expression of Interest is for the REI Program only.
Accelerating the energy transition calls for enhancing flexibility in energy systems and pushing boundaries to increase the penetration of renewables. Under the Renewable Energy Integration Program, CIF will support this process in developing and emerging countries. Flexible solutions help accelerate uptake of the best combinations of technologies to help manage grids, balance different infrastructure requirements, and improve overall market design systems operation
Who is Eligible?
All countries that meet the following criteria can submit an EoI in the REI program:
- is eligible for Official Development Assistance (ODA) at the time of the call(s) for EoI.
- has an active lending program with at least one of CIF’s partner MDBs.
Note: Addressing systemic barriers to low-emission and/or climate-resilient development pathways can require multi-country partnerships and actions. In recognition of this, a country can also express interest on behalf of a group of ODA-eligible neighbor countries in their region to receive CIF concessional resources through a regional intervention.
How to Apply
If your country be interested in accessing funding for the REI Program, kindly submit an EoI here by the closing date of August 26, 2021.
Further details on the Program, eligibility criteria, country selection process and next steps, can be found here.
Country Selection Process – Next Steps
On receipt of expressions of interest from countries an Independent Expert Group approved by the Strategic Climate Fund (SCF) Trust Fund Committee will evaluate and rank the EoI’s received. They will submit a ranked list of eligible countries and or regions along with the expert group’s recommendations to the Global Climate Action Programs (GCAP) Sub-Committee for approval.
The approved countries and/or regions will then be invited to participate in the REI program.
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