The Carbon Initiative for Development (Ci-Dev)

Climate Fund
iSustain score 75

The Carbon Initiative for Development (Ci-Dev) is a World Bank trust fund that mobilizes private finance for clean energy access in low-income countries. It delivers results-based finance to innovative and transformative business models driven by the private sector. Ci-Dev comprises two reinforcing components, the Readiness Fund and the Carbon Fund. The Readiness Fund finances capacity building activities in least developed countries to develop standardized baselines and technical assistance for energy access programs. It supports the development of new methodologies and proposals for simplified Clean Development Mechanism (CDM) rules, and dissemination of results. Where needed, it also provides technical assistance to the projects and programs supported by the Carbon Fund. The Carbon Fund provides performance-based payments to low-carbon investments in the form of purchases of certified carbon emission reductions.

Geographic focus

Central Africa
Central Asia
East Africa
East Asia
Eastern Europe
Global
Latin America & Caribbean
Middle East
North Africa
Pacific Islands
Pan-African
South Asia
Southeast Asia
Southern Africa
Sub-Saharan Africa
West Africa

Sector appetite

Climate Mitigation
Energy
Renewable Energy

Fund size

USD 250 million to be mobilized through 2025.

Eligible recipients

Public entity at the national level
Public entity at the regional level
Public entity at the sub-national level

Co-financing requirement

No formal co-financing requirement

Instruments & open calls

What a client can actually approach this organisation for, and how access works.

No instruments or open calls profiled yet for this organisation.

Members-only detail for The Carbon Initiative for Development (Ci-Dev)

Membership unlocks the iSustain score and how it was built, the access difficulty rating and expected timeline, typical ticket sizes, readiness requirements, partnership preferences, contact routes and the full detail of profiled instruments and open calls, including eligibility and how to apply.