The $8.3 billion Climate Investment Funds (CIF) provides financing to developing countries to help manage climate change challenges. It is the largest source of climate finance for Africa, providing $2.7 billion for climate resilience, forestry, and clean energy projects in 29 African countries. The CIF works with multilateral development banks and partners in recipient countries to strategically invest in low-carbon projects and mobilize additional public and private financing, leveraging $9 for every $1 of CIF funds.

1. The $8.3 billion CIF provides 72 developing
and middle income countries around the
world with urgently needed resources
to manage the challenges of climate
change and reduce their greenhouse gas
emissions. The CIF is the largest source
of concessional climate finance to
Africa, providing $2.7 billion—one-third of
total CIF funding—in grants and low-cost
loans for climate resilience, forestry, and
clean energy investments to 29 countries
across the region, including North Africa.
Working with partners in client countries
and multilateral development banks
(MDBs), the CIF’s low-cost, high-risk funds
are strategically invested—alongside
technical assistance and advisory
services—to de-risk climate investments
and mobilize other financiers, particularly
the private sector, in Africa’s emerging
markets. Approved CIF financing totaling
$1.7 billion expects to leverage another
$13.5 billion from other private and public
sources, meaning for every CIF dollar,
close to $9 is being invested by others.
THE CIF • 4 FUNDING WINDOWS • TOTALLING $8.3 BILLION • $58 BILLION CO-FINANCING • CLIMATE-SMART DEVELOPMENT IN 72 COUNTRIES
CLIMATE INVESTMENT FUNDS IN AFRICA
THE CIF EXPECTS TO CONTRIBUTE TO AFRICA’S GREEN GROWTH1
CLEAN TECHNOLOGY FUND
PILOT PROGRAM FOR CLIMATE RESILIENCE
SCALING UP RENEWABLE ENERGY PROGRAM
FOREST INVESTMENT PROGRAM
8.8 million tons of CO2
emissions reductions
≈ TAKING 1.7 MILLION CARS OFF THE ROAD FOR A YEAR
3.4 GW installed renewable
energy capacity
≈ MORE THAN DOUBLE TANZANIA’S
CURRENT TOTAL INSTALLED CAPACITY
Over 17 million men and women
supported in building
climate resilience
≈ POPULATION OF MALI
2 GWh renewable energy output
≈ APPROXIMATELY THE SAME AMOUNT OF ELECTRICITY
PRODUCED ANNUALLY IN MALAWI
Nearly 5 million people and
300,000 businesses benefitting
from improved energy access
2 million hectares of forests
sustainably managed
≈ SIZE OF RWANDA
 Drawing on strengths of MDB partners to implement CIF funding, mobilize other actors,
and harmonize support
 Initiating institutional changes through multi-stakeholder coordination and capacity
development
 Linking investments to policy and regulatory reforms
 Creating viable commercially-oriented markets
 Supporting adoption and large-scale deployment of low-carbon, climate-smart technologies
 Influencing behavior change among stakeholders
THE CIF BUSINESS MODEL IS UNIQUE IN THE CLIMATE FINANCE LANDSCAPE AND INSTRUMENTAL IN
EMPOWERING WIDER, SYSTEMATIC TRANSFORMATION IN AFRICA
AFRICA IS ONE OF THE WORLD’S MOST VULNERABLE CONTINENTS TO CLIMATE CHANGE. IT IS ALREADY
EXPERIENCING THE DEVASTATING EFFECTS OF RISING TEMPERATURES AND INCREASINGLY EXTREME WEATHER.
WHILE LEAST RESPONSIBLE FOR THE GLOBAL CLIMATE CRISIS, AFRICAN NATIONS ARE SHOWING TREMENDOUS
LEADERSHIP IN RATIFYING THE GLOBAL PARIS AGREEMENT. THEY ARE DEMONSTRATING A SHARED COMMITMENT TO
REDUCE GREENHOUSE GAS EMISSIONS AND CURB GLOBAL WARMING AS PART OF THEIR SUSTAINABLE DEVELOPMENT
AND GREEN GROWTH.
ESTABLISHED IN 2008, THE $8.3 BILLION CLIMATE INVESTMENT FUNDS (CIF) DELIVER INVESTMENTS AT SCALE TO
EMPOWER CLIMATE-SMART TRANSFORMATION ACROSS AFRICA AND AROUND THE WORLD.

2. $1.8 billion
TO SCALE UP CLEAN TECHNOLOGIES
The adoption and widespread deployment of low-carbon
technologies is key to transformational change. Through its Clean
Technology Fund (CTF), the CIF is allocating $1.8 billion to
support renewable energy, energy efficiency, and clean
transport investments in Africa. By absorbing risks that other
financiers may not be able or willing to bear, CTF concessional
financing is bridging financing gaps, driving down upfront costs, and
road-testing new business models to support the first use of key
technologies in some countries and expansion in others.
In Morocco, the CIF is supporting the 500 MW Noor-Ouarzazate
Concentrated Solar Power (CSP) complex—the world’s largest.
Despite the potential of CSP, relatively high technology costs, when
compared to fossil fuel alternatives, deter utilities from investing.
Concessional and public financing have been crucial to lifting this
trailblazing project off the ground.
The CIF has channeled $435 million from the CTF towards the plant,
alongside African Development Bank and World Bank investments
of $700 million, to contribute to the over $3 billion total from private
and public sector investors. Independent analysis concludes that
the low-cost debt is already driving down the cost of CSP in Morocco
by 25 percent for Noor I and an additional 10 percent for Noor II
and III, slashing the Moroccan government’s power subsidy from
$60 million to $20 million.
$436 million
TO INCREASE ENERGY ACCESS WITH RENEWABLES
Renewable energy offers a huge opportunity for sub-Saharan
Africa. Presently, the continent loses two to four percent from the
combined GDP of all its countries due to power shortages and
bottlenecks. Energy access is also far from universal, with 620
million Africans in the dark. The CIF is supporting scaled-up
deployment of renewable energy solutions to increase
energy access in Africa with $436 million from its Scaling
Up Renewable Energy in Low Income Countries Program
(SREP).
The vastness of many countries in sub-Saharan Africa, coupled with
low population densities, can make access to electricity through
grid expansion challenging. Mini-grid schemes, which connect
smaller groups of customers to decentralized, sustainable sources,
can often be one of the best options to bring energy to a larger
proportion of the population. The CIF is providing about $90 million
from the SREP to renewable energy mini-grid projects in countries
like Mali, Kenya, Tanzania, Liberia, Rwanda, Uganda, and Ghana.
To increase access to electricity through renewable sources such as
solar and hydro, Tanzania has launched a renewables mini-grid web
portal to support small, renewable power producers who want to
sell electricity to consumers, especially to the millions in the country
not connected to the main grid. The portal offers information on
licensing, financing, and regulations, as well as a mapping tool, to
ease the way for investors and developers.
CTFCLEAN TECHNOLOGY FUND
SREPSCALING UP RENEWABLE ENERGY
IN LOW INCOME COUNTRIES
Noor-Ouarzazate CSP complex, the largest CSP facility in the world and
even visible from space, will supply over 500 MW of power to over a million
Moroccan households by 2018.
With access to power from a mini-grid, small business owners in rural areas
like Entasopia, Kenya can reliably meet customer demand and improve their
income.

3. PPCRPILOT PROGRAM
FOR CLIMATE RESILIENCE
FIPFOREST INVESTMENT PROGRAM
$302 million
TO STRENGTHEN CLIMATE RESILIENCE
The vulnerabilities that many African countries face cut across
sectors, demanding a holistic, programmatic approach to
building a more climate resilient economy. The CIF is the only
climate fund to prioritize a multi-sectoral programmatic approach
as its primary model of delivery. It embeds investments in a
country-driven strategic planning process that links investments
with policy and regulatory reform, capacity development,
and the activities of the MDBs and other partners to catalyze
transformation.
The CIF’s Pilot Program for Climate Resilience (PPCR) uses this
programmatic approach to help countries integrate climate
resilience into development planning and support innovative
solutions to pressing climate-related risks. The CIF has
dedicated $302 million from the PPCR to activities that
build resilience across the African continent.
One-third of this financing, $110 million, is supporting Niger,
which has developed a strategic PPCR investment plan around
the nexus of climate-resilient growth, poverty reduction, and
food security. This coordinated program of investments aims
to implement climate-resilient land and water management
programs at scale, incorporate them into local and national
government planning, and improve the quality and accessibility of
weather and climate information.
$242 million
TO ADDRESS DRIVERS OF DEFORESTATION
In ratifying the Paris agreement, most Sub-Saharan African
countries included forests as a priority component for mitigation
and adaptation.2
The CIF’s Forest Investment Program
(FIP) is providing $242 million to support African efforts
to reduce deforestation and forest degradation and
promote sustainable forest management (REDD+). It is the
only multilateral forestry fund to specifically target the “missing
middle,” the huge gap for upfront investment financing to
support REDD+ implementation activities.
The CIF’s multi-sector, programmatic approach to forestry
has initiated an overdue strategic dialogue among various
government ministries and non-state actors to build a shared
understanding of the crucial role forests play in economic
development. Recognizing that the drivers of deforestation
often lie outside of forests, the CIF supports a wide range of
interventions.
In Ghana, over $70 million from the FIP is supporting a variety
of efforts that unite public and private sectors and local
communities in restoring degraded forest landscapes, improving
forest management and governance, and reducing pressure
on forests from cocoa farming, mining, and other industries.
Another $5.5 million from the FIP’s Dedicated Grant Mechanism
for Indigenous Peoples and Local Communities (DGM) will further
promote grassroots participation in Ghana’s REDD+ agenda.
The PPCR is supporting a variety of community-led micro-projects in Niger
to scale up successful approaches to climate resilience and support some
180,000 households. In the commune of Falwel (Tondikiwindi), local men and
women dug over 18,000 ‘demi lunes’ water catchments and planted each with
a tree and grasses to rehabilitate 60 hectares of pastoral land.
CIF support in Ghana includes piloting climate-smart cocoa. Through
innovative tree tenure policies and enhanced agroforestry practices, cocoa
farmers plant and register shade trees within existing plantations to provide
improved growing conditions for cocoa and an eventual source of timber
income for their families.

4. @CIF_ACTION youtube.com/user/CIFACTION WWW.FLICKR.COM/PHOTOS/CIFACTION
WWW.CLIMATEINVESTMENTFUNDS.ORG
CIFNEWS@WORLDBANK.ORG
PRINTED NOVEMBER 2016
$2.7B
$1.7B
ALLOCATEDANDUNDERDEVELOPMENT
—
90 projects
33% of total CIF resources $8.3B
APPROVEDANDUNDERIMPLEMENTATION
—
44 projects
$13.5 billion co-financing
CIF AFRICA PORTFOLIO3
CIF IS IN 29 AFRICAN COUNTRIES - OVER HALF THE CONTINENT
Allocated and under development
Approved and under implementation
CTF
2.000
1.800
1.600
1.400
1.200
1.000
800
600
400
200
-
SREP PPCR FIP
USD million
CTF PPCRFIP SREP
This map was produced by the World Bank. The boundaries, colors, denominations, and any other information shown on this map do not imply, on the part of
the World Bank Group, any judgment on the legal status of any territory, or any endorsement or acceptance of such boundaries.
Egypt
Ethiopia
$50M
$300M
SouthAfrica
$500M
Zambia
$90M
Morocco
Lesotho
Madagascar
Kenya
$130M
Uganda
$50M
Rwanda
$50M
Mozambique
$131M
Tanzania
$50M
Dem.Rep.ofCongo
$66M
Malawi
Niger
$110M
Mali
$65M
Gambia
*
SierraLeone
Coted'Ivoire
$29M
Liberia
$50M
BurkinaFaso
$39M
Ghana
$116M
Benin
Tunisia
MiddleEastandNorthAfrica
RegionCSPProgram(Algeria,
Egypt,Jordan,Libya,Morocco,
Tunisia)
$496M
$150M
Nigeria
$250M
Cameroon
CongoRepublic
$5M
*
*
*
*
*
*
*
* Several countries are new to CIF programs and are preparing
investment plans for funding endorsement.
Notes
1 Based on 2016 results reports of corresponding funds, which contain data from approved projects that report results in the given 2015 reporting period, not the entire CIF
portfolio. Results reporting continues to expand as more projects begin implementation. See https://www-cif.climateinvestmentfunds.org/progress-and-results.
2 Of the 48 Sub-Saharan African countries submitting INDCs, 38 include forestry as a component for mitigation and 33 for adaptation.
3 As of June 2016.
Photos: World Bank Group, CIF
CIF AFRICA CO-FINANCING SOURCES
26% MDBs
25% BILATERALS
14%
GOVERNMENT
16% OTHERS
19%
PRIVATE
SECTOR
1.746
302 242
436