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Clean Technology Fund (CTF)


Period
2008 - ongoing

Implementing agencies
AfDB, AsDB, EBRD, IaDB, IFC and WB

African partners

Names of African partners involved

Donor involvement (incl. IOs)
Multi-donor, Multilaterals involved, Bilaterals involved

Names of donors involved (incl. IOs
African Development Bank, World Bank, Australia, Canada, France, Germany, Japan, Spain, Sweden, United Kingdom, United States; International Finance Corporation (Dedicated Private Sector Programs)

Geographical scope
Continental

Countries where active
Algeria, Burkina Faso, Libya, Egypt, Morocco, Mozambique, Nigeria, Rwanda, South Africa, Sudan, Tunisia, Uganda

Sectors
Renewables, Electricity, Energy Efficiency

Sub Sectors (Electricity)
Grid connected generation, Mini-grids, Stand-alone off-grid

Type of intervention
High-level initiative (upstream), Operative program / delivery mechanism (downstream)

Type of technical assistance
Dialogue and networking, Information and analysis, Policy support / institution building, Project preparation / implementation, Skill development / training

Gender focus
Yes

Climate focus
Yes

Type of financing
Grant, Equity, Debt, Guarantee, Early stage

Main objectives
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

Main activities
(a) Providing positive incentives for the demonstration of low carbon development and mitigation of GHG emissions through public and private sector investments; (b) Promoting scaled-up deployment, diffusion and transfer of clean technologies by funding low carbon programs and projects that are embedded in national plans and strategies to accelerate their implementation; (c) Promoting realization of environmental and social co-benefits thus demonstrating the potential for low-carbon technologies to contribute to sustainable development and the achievement of the Millennium Development Goals; (d) Promoting international cooperation on climate change and supporting agreement on the future of the climate change regime; (e) Utilizing skills and capabilities of the MDBs to raise and deliver new and additional resources, including official and concessional funding, at significant scale; and (f) Providing experience and lessons in responding to the challenge of climate change through learning-by- doing. Financial Instruments (for public and private sector entities) (a) Grants for the Preparation of Investment Plans and Projects; (b) Concessional Loans; and (c) Guarantees.

Comments

Sources
http://www.climateinvestmentfunds.org/fund/clean-technology-fund

Contact information
cifadminunit@worldbank.org

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