Incremental changes to how countries and communities address the climate crisis are no longer enough. The urgency and complexity of climate change and its impacts require much larger, more fundamental change. A transformational change. With this in mind, the Transformational Change Learning Partnership (TCLP) met in Washington DC from 4 to 6 Octobe...

It is widely acknowledged that a transformational change is required to keep global warming under 1.5 degrees Celsius and to address the impacts of climate change on vulnerable communities. Climate finance, and the action that it supports, must be designed to achieve fundamental systemic change in many sectors and every region of the world. How do ...

The Transformational Change Learning Partnership (TCLP) will make significant strides this week as diverse stakeholders come together in Washington DC. From October 4 to 6, 2022, the partnership will cooperatively build a strategic action plan to put transformational change linked to climate finance into practice. The TCLP is a group of more than 6...

Pairing concessional finance investments with technical assistance has supported significant progress toward renewable energy and energy access in low-income countries. This emerged from an independent evaluation* of the Scaling up Renewable Energy Program in Low-income Countries (SREP), an ambitious initiative the Climate Investment Funds launched...

The Scaling up Renewable Energy Program in Low-income Countries (SREP) is found to be highly relevant to national-level country needs, priorities, and opportunities. This is one of the salient findings from a new independent evaluation of an innovative and ambitious program launched by the Climate Investment Funds just over a decade ago.The report,...

In 2010, Climate Investment Funds launched its Scaling up Renewable Energy Program in Low-income Countries (SREP), an innovative pilot program to increase energy supply and enhance energy access through renewable energy. Today, CIF is proud to publish an independent evaluation it commissioned to build an evidence base that supports accountability a...

By Rasmus HeltbergEvaluating the transformative impacts of climate finance is challenging because it can be applied across various issues such as mitigation, adaptation, resilience, and many more areas. Evaluators require a wide lens into systems, markets, sectors, and a wide variety of other contexts much beyond the confines of individual projects...

The amount of finance needed to address the climate crisis is measured in trillions of US dollars per year. This requires both a massive scaling of climate finance and the crafting of associated investments to achieve both rapid and just transitions towards climate neutrality. Public, private, and philanthropic sources of funding all have important...

A critical aspect of addressing the climate crisis is understanding how private capital investment can help attain wide-ranging climate objectives. A significant challenge facing donor and recipient countries, regional and multinational banks, as well as other mission-focused investors, is how to find creative approaches to accelerate private capit...

The Climate Investment Funds (CIF) has just published a transformational change case study that looks at the progress in transforming Turkey’s energy sector with support from CIF’s Clean Technology Fund (CTF). In 2009, CIF-supported investments and strategies that backed increasing energy efficiency and improving renewable energy supply in Turk...