This program is part of the Climate Investment Funds (CIFs), disbursed by the Multilateral Development Banks (MDBs) and it is strategically aligned with the Adaptation Fund of the GEF and other donor-funded activities. It is administered by the World Bank and has its main focus on the financing of initiatives for resilience and adaptation to the adverse effects of climate change in developing countries.
To integrate climate risk and resilience into development policies and planning; to enhance climate-resilient investments.
Public and private entities from the Annex I countries.
Eligible countries must be recipients of Official Development Assistance (ODA), with a focus on highly vulnerable LDCs. The portfolio of this fund currently includes Bangladesh; Bolivia; Cambodia; Dominica; Grenada; Haiti; Jamaica; Mozambique; Nepal; Niger; Papua New Guinea; Saint Lucia; Saint Vincent and the Grenadines; Samoa;Tajikistan; Tonga; Yemen; and Zambia.
Projects that promote technical assistance in national or sectorial development plans that address climate change.
Guidelines on how to proceed and draft an investment plan are available on the website.
USD 1 billion.