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The Carbon Fund - The Carbon Initiative for Development (Ci-Dev)

The Carbon Initiative for Development (Ci-Dev) builds capacity to access carbon finance, mainly surrounding energy access in developing countries. Ci-Dev uses performance payments based on reduced emissions to support projects that use clean and efficient technologies in low-income counties. The Carbon Fund provides performance-based payments to energy access programs in the form of purchases of certified carbon emission reductions.

Purpose of support 
Project and program implementation
Steps to access  

Ci-Dev has signed emission reduction purchase agreements (ERPAs) for eight projects in sub-Saharan Africa, and is currently completing due diligence on an additional four projects. More information is available here.

Climate objective 
Mitigation
Sectors and themes 
Energy efficiency, Renewable Energy
Type of support provider 
Multilateral
Type of recipient 
Public entity at the national level, Public entity at the sub-national level, Public entity at the regional level
Trustee or administrator 
World Bank
Contact information 
https://www.ci-dev.org/