CIF AMPLIFi Catalytic Finance Programme

A Climate Investment Funds programme that places small amounts of highly catalytic concessional capital into clean energy projects led by multilateral development banks, aiming to bring in six to twelve times as much private money. The first five investments, announced at COP31, total about US$94 million and are expected to mobilise more than US$1.2 billion for clean power, grids, storage and electrification: a renewable energy guarantee programme for Small Island Developing States (with the World Bank), a South Africa grid credit guarantee vehicle (with the African Development Bank), a payment guarantee for utility-scale solar and storage in Liberia (with the World Bank), first-loss equity in two Latin America and Caribbean funds (with IDB Invest), and a portfolio guarantee for green lending by local banks across 17 countries (with the EBRD).