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Clean technology Fund

Fund Description

The Clean Technology Fund (CTF) will aim to finance transformational actions by: (a) providing positive incentives for the demonstration of low carbon development and mitigation of greenhouse gas emissions through public and private sector investments; (b) promoting scaled-up deployment, diffusion and transfer of clean technologies by funding low carbon programs and projects that are embedded in national plans and strategies to accelerate their implementation; (c) promoting realization of environmental and social co-benefits thus demonstrating the potential for low-carbon technologies to contribute to sustainable development and the achievement of the Millennium Development Goals; (d) promoting international cooperation on climate change and supporting agreement on the future of the climate change regime; (e) utilizing skills and capabilities of the MDBs to raise and deliver new and additional resources, including official and concessional funding, at significant scale; and (f) providing experience and lessons in responding to the challenge of climate change through learning-by-doing.

Contact

GCM Single Window
GCM-SW@iadb.org

Main Characteristics

The CTF is a multi-contributor trust fund that promotes scaled-up financing for demonstrations, deployment and transfer of low-carbon technologies with significant potential for long-term greenhouse gas emissions savings.

Type of Project

The CTF provides concessional lending, guarantees and grants to the public and private sectors.

Links

Proposal for the Establishment of the Clean Technology Fund
Climate Investment Funds


Donor Country / Donor Gross Pledge Received (Credited) Pledge
      Regional
    The World Bank 297.55 278.50
Total 297.55 278.50

View Projects


Notes:

  • All Pledged Amounts are as of 10/17/2017
  • Amounts are in Millions
  • Amounts are expressed in USD converted as of the current date

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