The Climate Investment Funds (CIFs) are financing instruments designed to pilot low-carbon and climate-resilient development through the multilateral development banks (MDBs). They are comprised of two trust funds - the Clean Technology Fund (CTF) and the Strategic Climate Fund (SCF).
Climate change
Infrastructure
Background
Kosovo's options for a sustainable energy future
Minutes of presentation and discussion on Kosovo's options to develop a sustainable energy future, Washington DC, 20 April 2012.
Infrastructure
Background
World Bank's Climate Investment Funds 4 years later
Minutes of meeting on the World Bank-housed Climate Investment Funds and the Green Climate Fund, Washington DC, 19 April 2012
Land
Background
Agriculture and Food Security
Minutes of agriculture and food security meeting, Washington DC, 19 April 2012
Infrastructure
Background
Climate change, energy access and sustainable development
Minutes of climate change and energy access meeting, Washington DC, 18 April 2012
Accountability
Analysis
'Leveraging' private sector finance
The notion that public investments should be used to 'leverage' additional investments from private actors is increasingly used in a variety of development finance forums, including aid, development finance, agriculture and, in particular, climate finance. The World Bank has become one of the leading proponents of this concept, though nowhere has it spelled out clearly what it means by 'leverage' or how it should be measured.
Infrastructure
News
World Bank backs dirty energy despite objections
Continued controversy over a coal power project in Kosovo, partly funded by the World Bank, and a catalogue of complaints over its projects highlight the impact of extractives and the lack of alternatives in the Banks energy lending portfolio.
Environment
News
Nature on the market?
The Bank will showcase new initiatives on oceans and the valuation of ecosystem services at the United Nations Conference on Sustainable Development, or Rio+20, in Brazil in late June, but is attracting criticism from civil society groups for its approach to 'green growth'.
Infrastructure
News
False solutions? The IFC, private equity and climate finance
As the International Finance Corporation (IFC), the Bank's private-sector arm, announces new investments in its climate-focused private equity fund, critics argue that investing scarce public climate funds in the financial sector is of unproven effectiveness, will miss the world's poorest regions and has questionable developmental impacts.
Land
News
On a carbon market mission
While steaming ahead with new carbon market initiatives, the World Bank attracted further criticism and suffered potential setbacks on agriculture and the Green Climate Fund (GCF) at the UN climate negotiations in Durban.
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