Turkish financial institutions have historically been reluctant to offer energy efficiency financing products to SMEs because of higher transaction costs and higher risk. See how a CTF and IFC leasing, not lending, model is changing that.
With the Paris Agreement in force, 2016 will be remembered as a landmark year for climate action. For the $8.3 billion CIF, this year is also notable for the progress made and results delivered by its four funds.
The Climate Investment Funds
These include four key programs that help 72 developing countries pilot low-emissions and climate resilient development.