Climate finance can be instrumental in achieving wider social and economic development impacts. This emerged from a new, independent evaluation commissioned by the Climate Investment Funds (CIF) to assess and analyze the broader development impacts it can derive from its interventions. The report, Evaluation of the Development Impacts from CIF’s ...

When the Climate Investment Funds (CIF)’ CEO Mafalda Duarte travelled to Burkina Faso in early 2020, she met in a local forest a young man who had a new bicycle and a new cell phone. She learned that this young man’s job was to go into the forest, and check for fires. His equipment had been made available as a result of CIF funding, but it is n...

Mobilizing over $11.3 billion in donor contributions for climate change mitigation and adaptation investments in developing countries. Generating 12.8. gigawatts in clean power capacity worldwide, strengthening the capacity of over 15 million people to cope with climate change. Bringing 372 million hectares of forests under sustainable management. ...

A two-day gathering in Brasilia last week brought together key stakeholders in the Climate Investment Funds (CIF) to celebrate 15 years of innovation and partnerships for ambitious climate action, opening and closing with mística rituals born out of Brazil’s landless workers movement.The first day of the 15th anniversary gathering included two f...

Several countries from Francophone Africa are involved in the Climate Investment Funds’ Forest Investment Program (FIP). Some, like Burkina Faso, the Democratic Republic of Congo, and Côte d’Ivoire, have accumulated a wealth of experience on how to implement inclusive, country-led monitoring and reporting systems for their FIP investment plans...

By Kidanua Abera Gizaw, Senior Climate Finance Officer and CIF-SCF Coordinator, African Development BankAfrica is responsible for only a fraction of global greenhouse gas emissions, but the continent is suffering disproportionately from climate change. Temperature increase is accelerating; extreme weather is worsening food insecurity, displacement,...

The mighty Zambezi River flows from Zambia to Mozambique and the Indian Ocean, crossing seven countries and providing one of the largest freshwater catchments in Africa and worldwide. 47 million people live along the shores of the Zambezi watercourse, most of them dependent on rain fed agriculture. With climate change, Zambezi basin farmers and com...

Climate change and disasters are inextricably linked. Climate-related disasters have almost doubled in the last twenty years. Additionally, by affecting the exposure of people, nature, and assets to hazards, increasing vulnerability, and undermining livelihoods, climate change aggravates the full array of disaster risks. COVID-19 brought into sharp...

Tracking and analyzing results achieved through climate finance is crucial to ensure we continue to progress towards our goals. For an issue as multifaceted and context dependent as climate resilience, putting forward the right approach is essential. CIF’s Pilot Program for Climate Resilience (PPCR) deploys a unique, country-led monitoring & ...

The link between climate finance and development impacts is confirmed by a recent independent evaluation commissioned by the Climate Investment Funds (CIF). On May 3, 2023, an international panel of evaluators, project implementers, country partners and policymakers came together for a webinar to delve deeper into the data and evidence of the “Ev...