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...

Heat of the Moment—a podcast from the Climate Investment Funds and Foreign Policy—takes us on a global journey to discover the stories and people fighting climate change.In season three, host John D. Sutter focuses on just transition, the idea that as we shift to climate-smarter energy, food systems, infrastructure, and more, no one can be left...

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...

As the world looks to a new year of climate action, all eyes turn to the United Arab Emirates, where the UNFCCC Climate Change Conference (COP28) will take place in December. One of the largest climate finance mechanisms in the world, the Climate Investments Funds was in the region to attend the Abu Dhabi Sustainability Week. CEO Mafalda Duarte’s...

The Climate Investment Funds (CIF) created the Dedicated Grant Mechanism for Indigenous Peoples and Local Communities (DGM) in 2010 and is the DGM’s main funding instrument to date. The DGM supports Indigenous Peoples and Local Communities in developing countries and empowers them as the most effective guardians of the world's forests and natural...

The independent evaluation of the Scaling up Renewable Energy Program in Low Income Countries (SREP), released earlier this year, provides a rigorous, external assessment of the ambitious energy access program of the Climate Investment Funds (CIF). The findings and recommendations from this report, called "Evaluation of the Scaling up Renewable Ene...

“By honoring the pledges we made in Glasgow, we can turn our struggle against climate change into a global mission for new jobs and clean growth. And we can bequeath our children a greener planet and a more prosperous future. That’s a legacy we could be proud of.” With these words, on the very first day of COP27, British Prime Minister Rish...

While the impacts of the climate crisis are apparent, it is evident that those who have contributed to the crisis the least, are being hardest hit. For example, Pakistan, among the most vulnerable countries to climate change, emits under one percent of global emissions. Given that the G20 nations account for 80 percent of global emissions, it is on...

Today, at COP27, we focus on gender responsive climate finance, because women are disproportionately affected by climate change, but remain underrepresented in the sectors targeted by investments for mitigation and adaptation. At the Climate Investment Funds (CIF), drawing on our Gender Policy, all projects are required to integrate gender. This me...

Today is COP27’s Water Day focusing on the importance of managing and conserving water resources. It is through water that many people will experience the climate emergency, either in the form of drought, flooding, or pollution of water sources—or even a combination of all three. Despite the urgency and scale of the problem, water is often miss...

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 ...

The Climate Investment Funds (CIF) announced today the Industry Decarbonization Program to take on the challenge of reducing the carbon footprint of high-emitting industries such as iron and steel, cement, chemicals and petrochemicals, aluminum, and pulp and paper. This program aims to facilitate the shift of the industrial sector to more sustainab...