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The Readiness 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 Readiness Fund finances capacity building activities for developing standardized baselines and technical assistance to energy access programs.

Purpose of support 
Creating enabling environments and building institutional capacity
Steps to access  

There is not an open application process for this fund.

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/