Colombia has set a target of reducing its greenhouse gases emissions by 51% before 2030. To achieve this, the country has launched a green energy transformation, building on existing and potential hydropower infrastructure and growing solar and wind power development. In 2021, solar photovoltaic generating capacity increased by 75 MW, accounting ...

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...

The Climate Investment Funds (CIF) brings to COP27 nearly 15 years of experience in supporting energy transition in developing countries. Three of CIF’s energy experts discuss the state of play in this transition, explore what CIF has learned over its years in operation, and reveal how climate finance is driving the transition to cleaner energy: ...

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...

Unveiled today, the CIF’s Accelerating Coal Transition (ACT) and the Renewable Energy Integration Program (REI) Coal combustion is costly for climate, the economy, and public health. It’s the single-largest source of global temperature increase and contributes to air pollution causing +4 million deaths annually. What’s more, thousands of coal...

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 ...

BackgroundSince 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 up to $2 billion by four G7 na...