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 In just two years, the Climate Investment Funds (CIF) have progressed from the initial design phase to the implementation of 38 pilots in developing countries and transition economies around the world.
The five multilateral development banks (MDBs) jointly implement CIF-funded programs and contribute their own financial resources to them. Other development partners—including indigenous group, local communities, and the private sector—play a role in CIF governance and engage with country partners. Thirteen contributor countries make this momentum possible. As of September 30, 2010, pledges to CIF totaled more than $6.4 billion.
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