Posted by Abhishek Bhaskar on Wed 06/29/2016

Investments in clean energy are at an all-time high, a staggering USD 329 billion. 2015 was the first time that investments in renewable energy were higher in developing countries than developed ones.  Over the past decade, renewables have grown as a share of total power generation with a six-fold increase in non-hydro renewables.  Prices are at some of all-time lows and likely to go lower. And just in the past few months alone, the CIF has approved 300 million dollars in solar energy for India

Posted by John Roome on Thu 06/23/2016

It does not happen often that one of the finest actors of our time tweets about a World Bank supported project and invites all his fans to have a look at the impressive pictures taken from space. In fact, I can’t remember having seen that before.

Posted by Mafalda Duarte on Thu 06/09/2016

21 years is a long time.  Long enough to raise a child and send him or her off to college. That is how long it has taken to get to the Paris Climate Agreement. The Paris Agreement does set a goal of holding the temperature increase to well below 2C and pursuing efforts to limit the increase to 1.5 C.  The latter goal is in line with what credible scientists have been telling us for a long time (only a 1.5C goal may prevent long-term multi-meter sea level rise, as an example).

Posted by Ian Gray on Mon 05/23/2016

Everyone likes chocolate, yes? I know a few people who love the stuff and I’m quite partial to the odd block or two myself. So while spending a few days at a recent Forest Investment Program (FIP) monitoring and reporting workshop in Ghana I travelled to meet some cocoa farmers near Bibiani and get the low down on everyone’s favorite treat.

Posted by Martin Hall and... on Mon 05/09/2016

The frequency of the news is only matched by its direness.  It feels like every day we hear more about how climate change is getting worse.  The Arctic is melting faster than ever before, temperatures are breaking new records at a rapid pace and more than 90% of reefs in and around the Great Barrier Reef are being bleached by a warming world.

Posted by Mafalda Duarte on Tue 03/29/2016
CIF launches annual report that marks 2015 as year of achievements
Photo: World Bank Group
 This is Morocco’s Noor 1 concentrated solar power plant, the first phase of what will eventually be the largest concentrated solar power plant in the world. It is an impressive sight—visible even from space–and it holds the promise of supplying over 500 megawatts of power to over a million Moroccans by 2018. It also embodies the power of well-placed concessional financing to stimulate climate action. Low cost, long term financing totaling $435 million provided by the Climate Investment Funds (CIF) has served as a spark to attract the public and private investments needed to build this massive facility, and it is just one example of how the CIF is empowering a greener, more resilient future.
Posted by Martin Craig Hall on Mon 03/28/2016

Readers of this blog site will know that open data is data that can be freely used, re-used and redistributed – it’s legally open and technically open.  Readers of this blog may not know that the $8.3 billion Climate Investment Funds (CIF), are providing scaled-up financing through the Multilateral Development Banks (MDBs) to initiate transformational change toward climate-resilient, low-carbon development in 72 countries worldwide.  And this month, for the first time, the CIF is publishing open data on the result

Posted by Ian Gray on Mon 03/21/2016

Tough questions can come from the most unexpected sources.  As the father of three teenage children, starting a new job with the Climate Investments Funds as Forest Investment Program (FIP) Coordinator was a new experience in more ways than one.

As well as being the office newbie and having to learn the ropes there, my children - rather than just being aware that ‘dad works in forests’, which was the extent of their interest when they were younger - gave me a bit of a grilling

Posted by Mafalda Duarte on Tue 03/08/2016

When I started my career in the world of global development some twenty odd years ago, a number of female leaders inspired me. Rachel Carson had left an epic legacy with her book ‘Silent SpringWangari Maathai, the founder of the Green Belt Movement, had won a Nobel Peace Prize and Jane Goodall was reminding us all of nature conservation causes. And that’s just to name a few of those who were most visible.

Posted by Martin Hall and... on Fri 02/19/2016

Finance, technology and innovation are themes threaded throughout the Climate Investment Funds’ (CIF) work and a pioneering new project in Tajikistan is encapsulating all three in one package. 

Earlier this month, the CIFs Pilot Program for Climate Resilience (PPCR), the European Bank for Reconstruction and Development (EBRD) and the Tajik government launched CLIMADAPT, a new project specifically dedicated to financing innovative technologies that will help make Tajikistan more resilient to climate change.