News & Events
- From: 28/01/2019
- To: 29/01/2019
- Location: Ouarzazate, Morocco
The year 2018 marked the 10th anniversary of the Climate Investment Funds (CIF), one of the largest funds in the world for climate-smart investments, across more than 300 projects in 72 middle-income and developing countries.
10/12/2018 - “Women’s voice is critical, from local to the national, in planning and implementation. We must ensure women are given the skills tools and finance to address the climate change challenge,” Mafalda Duarte, Head of the Climate Investment Funds, urged attendees Monday, at a side-event at the 24th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP24).
24/09/2018 - The African Development Bank has approved a US$1.5 million grant from its Sustainable Energy Fund for Africa (SEFA), to assist Ghana’s s renewable energy investment drive. The grant will support the Ghana government’s efforts to overcome technical, financial, regulatory and institutional barriers to scaling-up renewable energy investments in the country.
13/06/2018 - Climate financing by the world’s six largest multilateral development banks (MDBs) rose to a seven-year high of US$ 35.2 billion in 2017, up 28 per cent on the previous year.
08/06/2018 - The African Development Bank approved on June 6, 2018 a senior loan of US $29.5 million and a concessional loan of US $20 million from the Climate Investment Funds (CIF) Clean Technology Fund (CTF) to Quantum Power East Africa GT Menengai Ltd.
04/09/2017 - The African Development Bank (AfDB) and the Climate Investment Funds’ Forest Investment Program (CIF FIP) have released a report on how unlocking capital flows to foster forest sector development in Africa. The report builds on the results of the first African Forestry Investment Conference (AFIC) organized by AfDB in June this year in Accra, Ghana. Attended by over 70 participants, the conference highlighted the benefits of forestry investments in Ghana and in West Arica.
31/08/2017 - Au Mali, un atelier d’information et de formation des médias a été organisé dans le cadre du Projet d’appui à la promotion des énergies renouvelables (PAPERM), vendredi 14 juillet 2017, au siège de la Direction nationale de l’énergie, à Bamako. Objectif : informer les journalistes sur le potentiel du Mali dans les énergies renouvelables et ce que fait le pays en ce domaine, dans le but d’en optimiser le traitement médiatique et de mettre en place un réseau de journalistes spécialisés.
03/07/2017 - Morocco received approval for a US $25 million loan from the Climate Investment Funds’ Clean Technology Fund (CIF CTF) for a project to generate solar power through an innovative hybrid Concentrated Solar Power (CSP) and Photovoltaic (PV) solution. The Midelt Phase I Concentrated Solar Power Project is being supported by the African Development Bank (AfDB) and the World Bank with an additional allocation of US$ 25 million in CTF resources.
27/06/2017 - The Climate Investment Funds (CIF) awarded Liberia a grant in the amount of US$ 23.25 million to help transform the country’s renewable energy sector. The project aims at developing a 9.8 MW hydropower plant at Gbedin Falls on the Mano River in Nimba County and provide a low-cost, sustainable and reliable source of electricity to Liberia.