The Climate Investment Funds (CIF)

SDG(s)

Sustainable Development Goal(s)

7Affordable and clean energy

11Sustainable cities and communities

13Climate action

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Type of the Solution

Finance

Affected Sector

Renewable energy, energy efficiency, sustainable transport, climate resilience

Description of the solution

The initiative provide financing to developing and emerging countries to support large-scale projects that mitigate and adapt to climate change. The CIF operates through targeted programs, such as the Clean Technology Fund (CTF) and the Scaling Up Renewable Energy Program (SREP), which fund initiatives including renewable energy deployment, energy efficiency improvements, and sustainable transport systems.

Socio-economic effects

The CIF promotes sustainable economic development, reduces poverty, enhances energy access, and fosters climate resilience, improving quality of life and creating green jobs.

Type of Measure

3. mitigation measures

Type of sub-measure

5. (none)

Who led the solution

International organization

Timescale of implementation

Varies

Other Notes

Partnership: The CIF is managed by the World Bank in partnership with regional development banks and donor countries. Time Scale of Implementation: Ongoing, with various projects in different stages of planning and implementation. https://www.cif.org/cif-programs

Links to the solution

Consent to share form or official link.

SDG(s)

Sustainable Development Goal(s)

7Affordable and clean energy

11Sustainable cities and communities

13Climate action

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Solution note