Danish Climate Investment Fund

Type of Recipient
Public entity at the national level
Region
East Asia and Pacific
Europe and Central Asia
Middle East and North Africa
Sub-Saharan Africa
Fund Size

total committed capital of DKK 1.3bn

Co-financing Requirement
Yes
Sectors and Themes
Energy
Transport
Climate Objective
Adaptation
Mitigation
Type of Support Provider
Bilateral
Trustee or Administrator
IFU - Investment Fund for Developing Countries
Contact Information

Jacob Klingemann
jkl@ifu.dk

The Danish Climate Investment Fund (KIF) is a public-private partnership with total committed capital of DKK 1.3bn. KIF offers risk capital and advice for climate projects in developing countries, the growth markets in Asia, Africa, Latin America, and parts of Europe. The fund invests in projects, which directly or indirectly contribute to reduction of the emission of greenhouse gasses. KIF offers both share capital for the establishment of companies in collaboration with Danish businesses and it can co-invest in major climate projects which include Danish technology or know-how. It is a prerequisite for its investments that the project is commercially sustainable and employs known climate technology. The Danish Climate Investment Fund is managed by IFU that, in collaboration with Danish companies, has made more than 1,200 investments in more than 100 countries.

Support Provider

Denmark

Purpose of Support
Project and program implementation
Co-financing Requirement Details

Co-financing is required. The fund will only be a minor investor in a project. The Fund prefers a consortium of share-holders so there will be a shared due diligence, with an emphasis on local investor industrial co-investor or local financial institution.

Funding Type
Grants
Other
Organizational and Decision Making Structure

Danish Climate Investment Fund is managed by IFU, which has set up an investment team to identify opportunities and link up with Danish companies supplying relevant technologies. All investment within DCIF above DKK 25 million are decided by an external investment committee.

Eligible Countries

DAC countries (all countries in Africa and Latin America, most of the countries in Asia and a few countries in Europe)

Information on how to

Companies can use the "ARE YOU READY FOR A MEETING" section at the fund's website to see if they qualify for investment from the fund. If qualify, the fund will contact the company directly.