I would like to update you on an exciting new report, The Clean Technology Fund and Concessional Finance: Lessons Learned and Strategies Moving Forward, which we launched today along with Bloomberg New Energy Finance (BloombergNEF). This study was commissioned through the CIF Evaluation and Learning (E&L) Initiative.
The report examines the role that concessional finance can play and CTF has played in fostering clean power deployment in developing countries. The report covers a lot of ground, including a deep-dive on CTF’s clean energy investments in five countries (Chile, Kazakhstan, Mexico, Morocco, and Thailand). Using the lens of the CTF experience, the report also contemplates the best new opportunities for deploying concessional capital in the short to mid-term.
Three of the report’s takeaways are:
This report was also critical in providing market data to help substantiate findings in the reports on Transformational Change in the CIF released in January at the CIF@10 event, especially on leveraging private sector capital.
Please find attached the full version of the report, as well as an Executive Summary. Also, please find here a press release on the report from BloombergNEF, as well as a blog with some of the report’s key takeaways. The report has attracted significant interest from the news media, including major U.S. and international outlets as well as specialized publications. This includes a television segment that Bloomberg TV will air tomorrow, February 21st at 1:15pm EST.
We would like to thank all of the MDB colleagues and E&L partners who engaged in this report, and we hope that the key findings from this report are helpful to you as we continue our discussions on the future of the CIF and climate finance architecture.
Best regards,
Mafalda
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Mafalda Duarte |
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Manager Climate Investment Funds |
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Office: +12024734678 |
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Cell: +12022800577 |
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E-mail: mdu...@worldbank.org |
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