This program is part of the Climate Investment Funds (CIFs), disbursed by the Multilateral Development Banks (MDBs) and it is strategically aligned with the Adaptation Fund of the GEF and other donor-funded activities. It is administered by the World Bank and has its main focus on the financing of initiatives for resilience and adaptation to the adverse effects of climate change in developing countries.
OBJECTIVE
To integrate climate risk and resilience into development policies and planning; to enhance climate-resilient investments.
RECIPIENTS
Public and private entities from the Annex I countries.
GEOGRAPHIC COVERAGE
Eligible countries must be recipients of Official Development Assistance (ODA), with a focus on highly vulnerable LDCs. The portfolio of this fund currently includes Bangladesh; Bolivia; Cambodia; Dominica; Grenada; Haiti; Jamaica; Mozambique; Nepal; Niger; Papua New Guinea; Saint Lucia; Saint Vincent and the Grenadines; Samoa;Tajikistan; Tonga; Yemen; and Zambia.
FOCUS AREA
Projects that promote technical assistance in national or sectorial development plans that address climate change.
HOW TO APPLY
Guidelines on how to proceed and draft an investment plan are available on the website.
SIZE
USD 1 billion.
CONTACT
Email
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Website www.climateinvestmentfunds.org/cif/ppcr
