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...

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 ...

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...

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...

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...

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...

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...

The Multilateral Climate Funds play a critical role in stimulating climate action that can accelerate the transition to a green, inclusive and climate resilient economy. By deploying innovative and scaled finance through strategic partnerships, the funds are able to drive down emissions and boost adaptive capacities to climate change while enhancin...

WASHINGTON, DC—The Climate Investment Funds’ (CIF) Clean Technology Fund (CTF) has unveiled the CIF Capital Market Mechanism, a groundbreaking effort to issue investment-grade bonds and raise significant new finance for scaling clean energy and sustainable infrastructure in emerging economies. This initiative could mobilize $500 million of addi...

New study highlights how private capital is successfully leveraged to accelerate clean energy investments in emerging markets Washington, October 27, 2021 – A new report by BloombergNEF (BNEF) and the Climate Investment Funds details how private capital has been successfully leveraged to support renewable energy growth in developing nations – a...

Climate finance is high on the agenda in Glasgow – how much do we need to raise and how will we do it?The goals of COP26 are crystal; secure global net zero by mid-century, keep the 1.5-degree pathway in reach and in acknowledgement that climate change is devastating the world, and will do so even as emissions are reduced, we must protect communi...

25 October 2021 – Today, the Climate Investment Funds (CIF) CEO Mafalda Duarte and the International Renewable Energy Agency’s (IRENA) Director  General Francesco La Camera signed a Memorandum of Understanding (MoU) in an effort to accelerate just and inclusive energy transition investment  globally. The partnership cement...