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Climate Investment Funds
Funding Source Multi-lateral banks (Word Bank, AfDB, AsDB, EBRD, IDB)
Focal Sector/s All sectors
Nature of disbursement Loan, grant
Cofinancing Yes 
Eligible Region Asia-Pacific, Africa, SIDS, South and Central America, Europe
Summary Note 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
Examples 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
Contact details for further information

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

Relevant websites

Climate Investment Funds

Additional information

 

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