Private sector participation and financing is key to the overall CIF strategy. Although there has been tangible progress in encouraging private sector investment in the area of energy efficiency and clean technologies, more can be done to engage and encourage private sector investments in the areas of:
- Integrating climate resilience into national development strategies and actions (PPCR)
- Stimulating energy access and economic growth by adopting renewable energy (SREP)
The first open call for project concepts in 2013 resulted in 15 project concepts, totaling over $135 million, being endorsed for further preparation by the multilateral development banks forCIF funding approval in 2014. Read more on the first round of FIP, PPCR, and SREP set-asides.
A second call for innovative private sector project concepts has been issued. Proposals are due March 31 for the SREP and April 30 for the PPCR. The FIP is not participating in this round of set-aside competition.
Click below for details on eligibility, timing, selection process, and country information (including contacts) for each set-aside: