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Funding Options for Adaptation
Strategic Climate Fund (SCF)
Funding Source Multilateral banks (Word Bank, AfDB, AsDB, EBRD, IDB)
Focal Sector/s All
Nature of disbursement Loan, Grant
Cofinancing Yes
Eligible Region Asia-Pacific, Africa, South and Central America
Summary Note The Strategic Climate Fund (SCF) will provide financing to pilot new development approaches or to scale-up activities aimed at a specific climate change challenges through targeted programs. The SCF is part of the Climate Investment Funds (CIF), being established by the Bank jointly with the Regional Development Banks (AfDB, AsDB, EBRD, and IDB) in July 2008 to promote international cooperation on climate change and support progress towards the future of the climate change regime. 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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