Climate Investment Funds (CIF)

As part of the AfDB’s commitment to supporting Africa’s move toward climate-smart development, it is helping to expand access to international climate change financing.

The AfDB is serving as an implementing agency of the Climate Investment Funds (CIF). Established in 2008 as one of the largest fast-tracked climate financing instruments in the world, the USD 8 billion CIF gives developing countries worldwide an urgently needed jump-start toward achieving low-carbon and climate-resilient development.

The CIF provides developing countries with grants, concessional loans, risk mitigation instruments, and equity that leverage significant financing from the private sector, multilateral development banks, (MDBs) and other sources.

The CIF provides developing countries with grants, concessional loans, risk mitigation instruments, and equity that leverage significant financing.

Burkina Faso

• Burkina Faso’s Investment Plan under CIFs’ Forest Investment Program (FIP) (7 June 2011)
• FIP total funding: USD 30 million
• FIP via AfDB: 12.5 million
• Goal: Promote decentralized sustainable forest management that supports wider stakeholder participation and deeper appreciation of the forest value chain.
• Project via AfDB: Participatory management and protection of state forest reserves with an integrating information-sharing and lessons-learning component

Democratic Republic of Congo

• DRC’s Investment Plan under CIFs’ Forest Investment Program (FIP) (7 June 2011)
• FIP total funding: USD 58.4 million
• FIP via AfDB: 21.5 million
• Goal: Support DRC’s REDD+ initiatives, including afforestation and reforestation, subsistence agriculture, land use planning, land and forest tenure, improved wood-fuel stoves, and district-level integrated development.
• Projects via AfDB: Addressing deforestation and degradation in the Mbuji Mayi/Kananga and Kisangani supply areas

Egypt

• Egypt’s Investment Plan under the CIFs’ Clean Technology Fund (CTF) (19 January 2009)
• CTF total funding: USD 300 million
• CTF via AfDB: 50 million
• AfDB co-financing: > 150 million
• Goal: Promote renewable energy (especially wind and solar) and urban transport. Particular focus on scaling up wind power development.
• Projects via AfDB: 200 MW wind farm on the Gulf of Suez

Ethiopia

• Ethiopia’s Investment Plan under CIFs’ Scaling Up Renewable Energy Program in Low Income Countries (SREP) to be finalized
• SREP total funding: USD 50 million
• SREP via AfDB: USD 22.5 million
• Goal: Incorporate geothermal and wind power into the national power system to diversify the energy mix, increase access to energy, and reduce GHG emissions.
• Projects via AfDB:  Aluto Langano geothermal power generation project and Assela wind power project

Ghana

• Ghana’s Investment Plan under CIFs’ Forest Investment Program (FIP) (5 November 2012)
• FIP total funding: USD 50 million
• Background: Arresting deforestation and forest degradation is an important priority for Ghana. It is developing a comprehensive Low Carbon Growth Plan that will address climate change as a part of national and sectoral development strategy. This plan would put FIP/REDD+ activities into a wider national context. In addition, Ghana has a number of instruments and policy frameworks with potential to mainstream FIP investment into development activities.

Kenya

• Kenya’s Investment Plan under CIFs’ Scaling Up Renewable Energy Program in Low Income Countries (SREP) (8 September 2011)
• SREP total funding: USD 50 million
• SREP via AfDB:  USD 25 million
• AfDB co-financing: USD 124 million
• Goal: Support development of Kenya’s multiple renewable energy resources to enhance energy security, improve access to electricity, reduce the cost of supply, and bring substantial economic, social, and environmental co-benefits to local communities. 
• Projects via AfDB:  Development of geothermal steam field at Menengai (approved December 2011)

Liberia

• Liberia’s Investment Plan under CIFs’ Scaling Up Renewable Energy Program in Low Income Countries (SREP) (31 October 2013)
• SREP total funding: USD 50  million
• Goal:  Support the government’s objective of increasing access to electricity and so accelerate the country’s reconstruction and economic revitalization.

Mali

• Mali’s Investment Plan under CIFs’ Scaling Up Renewable Energy Program in Low Income Countries (SREP)  (26 October 2011)
• SREP total funding: USD 40 million
• SREP via AfDB: USD 22 million
• AfDB co-financing: USD 40 million
• Goal: Expand Mali’s solar PV, mini-hydro, and bio-fuel technologies, as well as capacity and project management skills critical to the long term transformation of Mali’s renewable energy sector
• Projects via AfDB: Solar photovoltaic IPPs and mini/micro hydro development

MENA Region

• MENA Region Investment Plan under CIF’s Clean Technology Fund (CTF) (10 November 2009)
• CTF total funding: USD 750 million
• CTF via AfDB: <> USD 300 million
• AfDB co-financing: > USD 500 million
• Goal:  Accelerate global deployment of Concentrated Solar Power (CSP) by investing in the CSP expansion programs of five countries in the Middle East and North Africa (MENA): Algeria, Egypt, Jordan, Morocco and Tunisia.
• Specific projects via AfDB: 100 MW Kom Ombo complex in Egypt; the 125 MW complex in Ouarzazate, Morocco; the 125 MW complex in Ouarzazate, Morocco; and other CSP projects in Tunisia.

Morocco

• Morocco’s Investment Plan under CIF’s Clean Technology Fund (CTF) (updated September 2011)
• CTF total funding: USD 150 million
• CTF via AfDB:  125 million
• AfDB co-financing: > 300 million
• Goal: Promote increased penetration of renewable energy into Morocco’s electricity generating portfolio, with an emphasis on wind power and energy conservation measures.
• Projects via AfDB: Development of wind/hydro hybrid generating systems

Mozambique

• Mozambique’s Strategic Program under CIFs’ Pilot Program for Climate Resilience (PPCR)  (14 June 2011)
• PPCR total funding: USD 102 million
• PPCR via AfDB: 36 million
• AfDB co-financing: 45 million
• Goal: Mainstream climate change in central budgets and planning, sectoral investments and the private sector. Align with NAPA priorities to improve the capacity of roads and coastal cities to withstand climate change, transform hydro-meteorological services, and enhance climate-resilient agricultural production and food security.
• Projects via AfDB: Sustainable land and water management and enhancing climate resilience in agricultural production and food security

Niger

• Niger’s Strategic Program under CIFs’ Pilot Program for Climate Resilience (PPCR) (26 October 2010)
• PPCR total funding: USD 115 million 
• PPCR via AfDB: 40 million
• Goal: Help Niger intensify its battle against desert encroachment and drought by mainstreaming climate resilience into development strategies; expanding sustainable land management initiatives and integrating them into planning and budgeting processes; updating the quality of weather and climate information and making it publicly available; and improving M&E methodologies.
• Projects via AfDB: Improvements to climate forecasting and early warning systems and sustainable management and control of water resources

Nigeria

• Nigeria’s Investment Plan under CIFs’ Clean Technology Fund (CTF) (11 November 2010)
• CTF total funding: USD 250 million
• CTF via AfDB: <> 100 million
• AfDB co-financing: > 200 million
• Goal: Promote private and public sector-led renewable energy and energy efficiency projects, as well as mass-transit urban transport investments.
• Projects via AfDB: Bus-based mass transport support for Abuja, Kano and Lagos and financial intermediation for clean energy/energy efficiency

South Africa

• South Africa’s Investment Plan under CIFs’ Clean Technology Fund (CTF) (9 November 2009)
• CTF total funding: USD 500 million
• CTF via AfDB:  100 million
• AfDB co-financing:  260 million
• Goal: Support large scale expansion of solar and wind power and promotion of renewable energy and energy efficiency through private sector investments.
• Projects via AfDB: 100 MW wind farm in the Western Cape and a 100 MW CSP plant at Upington (approved May 2011) and components of the private sector development program

Tanzania

• Tanzania’s Investment Plan under CIFs’ Scaling Up Renewable Energy Program in Low Income Countries (SREP) to (11 September 2013)
• SREP total funding: USD 50 million
• Goal: to scale up the deployment of renewable energy to transform the country’s energy sector, principally the electricity subsector, from one that is increasingly fossil-fuel dependent to one that uses a more balanced supply of diverse energy sources.

Zambia

• Zambia’s Strategic Program under CIFs’ Pilot Program for Climate Resilience (PPCR) (14 June 2011)
• PPCR total funding: USD 110 million
• PPCR via AfDB: USD 38 million
• Goal: Strengthen early warning weather systems, integrate climate resilience in infrastructure planning and investments, and strengthen the adaptive capacity and livelihood of farmers and natural ecosystems in the most affected areas of southern and western Zambia.
• Project via AfDB: Strengthening climate resilience in the Kafue River Basin