Climateinvestmentfunds: Annual Report | 2016
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There is no greater threat to our future than underestimating the challenges and opportunities presented to us by climate change. The urgency that sparked the creation of the $8 billion Climate Investment Funds (CIF) becomes more pressing each day.
Since 2008, we have built a portfolio of over 300 investments in 72 developing and middle-income countries to scale up renewable energy and clean technologies, mainstream climate resilience in development plans and action, and support the sustainable management of forests. Although most programs and projects are still in the early stages of implementation, our funding has already contributed to over 3 gigawatts of new renewable energy capacity and close to 3 million people are already benefiting from CIF-supported climate resilience measures.
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