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Climate Investment Funds
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Funding Source
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Multi-lateral banks (Word Bank, AfDB, AsDB, EBRD, IDB)
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Focal Sector/s
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All sectors
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Nature of disbursement
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Loan, grant
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Cofinancing
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Yes
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Eligible Region
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Asia-Pacific, Africa, SIDS, South and Central America, Europe
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Summary Note
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The CIFs are being established by the Bank jointly with the Regional Development Banks (AfDB, AsDB,
EBRD, and IDB) to promote international cooperation on climate change and support progress towards the
future of the climate change regime. The CIFs consist of the Clean Technology Fund (CTF) and the
Strategic Climate Fund (SCF). The SCF will provide financing to pilot new development approaches or to
scale-up activities aimed at a specific climate change challenge through targeted programs. The first
program to be included in the SCF would pilot national level actions for enhancing climate resilience
in a few highly vulnerable countries
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Examples
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Bangladesh was one of the three countries for which the Pilot Program on Climate Resilience (PPCR) was
approved. The country will receive a total of US$50 million in grant and US$60 million in near
zero-interest credits to pilot climate resilience strategies
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Contact details for further information
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Climate Investment Funds
Admin Unit
The World Bank Group
1818 H Street NW
Washington, D.C. 20433
Email: CIFAdminUnit@worldbank.org
Phone: (202) 458-1801
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Relevant websites
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Climate Investment Funds
Additional information
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