The Climate Investment Funds business guide
This Business guide to the Climate Investment Funds aims to create awareness in the business community about the Climate Investment Funds and to cast light on the role, structure and current status of the Climate Investment Funds.
A more ambitious aim is to provide private sector relevant information on the mechanics of the roll out process and how the private sector can get involved. This would better prepare the private sector and catalyze engagement – a critical feature of the funds.
The Climate Investment Funds (CIF) are a collaborative effort between the multilateral development banks (MDBs) and countries, to help developing countries transform to low emissions and climate resilient development. They aim to do this by bridging the financing and learning gap between now and a potential post-2012 global climate change agreement.
The CIF Trust Funds are governed by committees and subcommittees with balanced representation of donors and recipient countries, and active observers from the United Nations, Global Environmental Facility (GEF), civil society, indigenous peoples and the private sector. Each of the funds has its distinct focus, e.g. the clean technology fund.