The $5.8 billion Clean Technology Fund (CTF)is empowering transformation in developing and emerging economies by providing resources to scale up low carbon technologies with significant potential for long-term greenhouse gas emissions savings.

Over $3.8 billion (66 percent of CTF resources) is approved and under implementation in clean technologies such as renewable energy, energy efficiency, and clean transport. This is expected to leverage another $38 billion in co-financing.

The Dedicated Private Sector Programs, created under the CTF to finance large-scale private sector projects with greater speed and efficiency, have allocated a total of $467 million to geothermal power, mini-grids, mezzanine finance, energy efficiency, solar PV, and early-stage renewable energy programs so far.

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