Thursday, January 26, 2023
Change Oracle Logo
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Renewables
    • Nuclear Power
    • Fossil Fuels
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Wildfires
    • Extreme Weather
  • Energy
    • Renewables
    • Nuclear Power
    • Fossil Fuels
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Social Change
    • Activism
    • Disinformation
    • Education
    • Psychology
    • Gender Equality
  • Business and Economics
    • Leadership
    • Decarbonization
    • Economics
    • Supply Chains
    • Investing
  • Technology
    • Carbon Removal
    • Carbon Capture
    • Transportation
    • Buildings
    • Food
No Result
View All Result
Change Oracle Logo
No Result
View All Result
Home Other

The Climate Investment Fund’s Low Carbon Development

by Richard Matthews
August 14, 2015
in Other
0

With a value of $11 billion in pledged investments, the Climate Investment Fund (CIF) is the largest fund for climate-smart development in the world. The CIF had been a leader in such investments since 2008. There is a growing demand for “climate-smart” development capital that helps the world transition to a low-carbon economy. In addition to helping those in need, the goal is to play a role in keeping global temperatures from increasing more than 2° Celsius.

CIF investments have benefited people in lesser developed countries all around the world. The CIF has invested in a broad range of socioeconomic sectors including clean, distributed renewable energy resources. CIF-supported initiatives are reviewed in the Climate Investment Fund’s 2014 report titled, “Climate Investment Funds: Delivering at Scale, Empowering Transformation.” The CIF has invested $100 million to advance renewable energy in Ghana, Nicaragua, and Haiti. They are also extending forest and climate resilience support to 25 more countries.

As part of its efforts to assist those most in need, the CIF has expanded its investment opportunities to 72 countries. The funds will improve clean energy access to 1 million people in Haiti, 400,000 in Nicaragua, and across 1,350 schools, 500 health centers, and 400 remote communities in Ghana. These three countries are among an initial group of fourteen that have signed up for the CIF’s Scaling Up Renewable Energy Program (SREP). CIF has allocated a total of $796 million for such investments. CIF investments have scaled transformations in the energy, transport, and forestry as well as climate resilient

The expanded CIF opportunities are expected to attract at least $57 billion in co-financing. While the CIF is doing a great deal they are not able to keep up with the demand. We must see more investment in the less-developed world if we are to avoid the worst effects of a rapidly warming climate.

ShareTweetShare
Previous Post

Sustainability Initiatives Almost Double Revenues

Next Post

Comprehensive Green School Information and Resources

Related Posts

Seasons Greetings from the Green Market Oracle

by Richard Matthews
December 24, 2021
0

American Courts are Defending Democracy and the Environment

by Richard Matthews
December 14, 2020
0

Despite unprecedented challenges, America's legal system has held. In recent weeks the courts have repeatedly defended democracy and in the last four years they have overturned a wide range of environmental...

Environmental Plebiscites: Municipal Referendums and State Ballot Initiatives

by Richard Matthews
November 12, 2020
0

The November 3rd election not only elected an environmentally responsible president it also gave Americans a chance to vote on environmental issues in five state ballots and two city referendums. Americans ...

Next Post

Comprehensive Green School Information and Resources

Leave a Reply Cancel reply

Follow Us

  • Facebook
  • Twitter
  • Email
  • LinkedIn
  • Reddit
  • SoundCloud

Subscribe to the Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

change oracle will explore the fundamental unworkability of capitalism
Economics

Confessions of a former capitalist: The journey that made me an advocate of radical change

by Richard Matthews
January 11, 2023
2

Almost ten years ago, journalist and author Naomi Klein asked me whether capitalism can be sustainable. I responded by citing a mountain...

Read more

A Peace Pact with Nature Secured at the UN Biodiversity Conference in Montreal (COP15)

December 29, 2022

Historic Progress on Climate Finance at COP27

December 19, 2022
3 decades of conference of the parties

Three Decades of UN Climate Change Conferences

December 12, 2022

How 3 Carbon Removal Technologies Work Together to Mitigate Emissions

November 3, 2022
  • About
  • Climate Change
  • Energy
  • Business and Economics
  • Politics
  • Technology
  • Social Change
  • Events
  • Other

© 2021 Copyright The Green Market Oracle.

No Result
View All Result
  • Business and Economics
    • Leadership
    • Supply Chains
  • Economics
  • Energy
    • Renewables
    • Nuclear Power
    • Fossil Fuels
  • Climate Change
    • Greenhouse Gas Emissions
    • Biodiversity
    • Extreme Weather
    • Wildfires
  • Investing
  • Politics
    • American Politics
    • Canadian Politics
    • International Politics
  • Technology
    • Buildings
    • Carbon Capture
    • Food
    • Transportation
  • Social Change
    • Education
    • Activism
    • Psychology

© 2021 Copyright The Green Market Oracle.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In