Mobilizing climate investment at a time of global uncertainty
While the conflict in Ukraine is posing critical questions on the link between geopolitics and climate transition, climate investment appears to be a key, long-term tool for the future of the world economy. In this context, the $10.5 billion Climate Investment Funds (CIF), one of the world’s largest multilateral funds for climate action in developing countries, can play an important role in promoting long-term financing to lower the risk and cost of climate investments in developing and middle-income countries.