CIF Industry aims to accelerate the transition of high-emitting industries in developing countries to, and unlock investments in, low to net zero-carbon and climate-resilient business models and technologies. CIF will support MDBs, governments, and the private sector to design, finance and implement programs and projects to commercialize clean technologies; scale-up and decarbonize clean technology supply-chains; engage investors on industry-appropriate decarbonization projects and lead industry sectors towards low to net zero-carbon pathways; strengthen climate policies and governance frameworks; and deliver advisory and feasibility assistance.
CIF Industry offers the world’s first multilateral investment platform using targeted concessional finance to bring MDBs together to de-risk and launch innovative, first-of-their-kind projects across hard-to-abate industries; strengthen enabling environments; and, rapidly scale up new clean technology supply chains and markets.