With the Paris Agreement in force, 2016 will be remembered as a landmark year for climate action. For the $8.3 billion CIF, this year is also notable for the progress made and results delivered by its four funds.
The CIF's Clean Technology Fund has been instrumental in financing the three phases of the Noor Concentrated Solar Power plants.
The Dedicated Grant Mechanism (DGM) for Indigenous Peoples and Local Communities empowers forest-dependent communities to design and implement forestry policies in line with their own interests.
A greener future depends on the widespread adoption of low carbon technologies. Climate finance has a crucial role to play to move us away from an ever-warming planet and its dire consequences.
Making climate-vulnerable sectors more resilient is critical to reducing the negative economic and social impacts of climate change.
These include four key programs that help 72 developing countries pilot low-emissions and climate resilient development.