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CIFs Monitor

A biannual review of developments at the Climate Investment Funds

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Climate finance

Analysis

Climate Investment Funds Monitor 10

12 November 2014

Latest update on the World Bank-housed Climate Investment Funds ahead of their November meetings. Covers key trends in projects related to clean technology, resilience to climate change, forests and renewable energy.

Climate finance

Analysis

Clean Technology Fund (CTF)

Clean Technology Fund (CTF) funding approvals continue to rise, including private sector projects for geothermal energy. Revisions for investment plans were approved for Nigeria and the MENA region, with Libya added as a new country.

12 November 2014

Climate finance

Analysis

Pilot Program for Climate Resilience (PPCR)

Funding shortfalls are predicted for the Pilot Program for Climate Resilience (PPCR), as ideas for potential new funding are due to be discussed.

12 November 2014

Climate finance

Analysis

Forest Investment Program (FIP)

Disbursement of funds continues to be slow in the Forest Investment Program (FIP). The World Bank has responded to civil society groups’ criticism over the lack of consultation for FIP plans in Indonesia.

12 November 2014

Climate finance

Analysis

Scaling up Renewable Energy Program (SREP)

Fourteen new countries were accepted to the Scaling up Renewable Energy Program in Low Income Countries (SREP). Programme implementation continues to be slow, with expected co-financing often dropped.

12 November 2014

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World Bank & IMF in the news

Related briefings

24 April 2013

Working paper: The private sector and climate change adaptation

This paper looks at PPCR projects implemented under the World Bank's private sector lending arm, the International Finance Corporation, highlighting important questions concerning the design, implementation and operation of projects financed from public climate funds using private sector actors. In summary, the analysis suggests that the integration of private sector projects into national planning processes and strategies is crucial.
21 June 2011

A faulty model?

This paper critically assesses the appropriateness of the Bank-housed Climate Investment Funds (CIFs) as a model for the Green Climate Fund (GCF). It takes proposals and recommendations by civil society groups and uses them as benchmarks to analyse the CIFs. It finds that in terms of institutional arrangements the CIFs have achieved some notable progress, however, in operations and performance there are serious concerns.
10 July 2009

Are climate pilots building towards the right climate architecture?

Current climate pilot projects, many of which are housed under the World Bank, are not leading us towards an equitable and effective post 2012 climate architecture envisioned by NGOs in the UK and beyond.

 More briefings

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