Climate Investor One (CIO) - Development Fund

Affiliated Institution
Climate Fund Managers
Support Entity Type
PPF
Project Stage Supported
  • Development of pre-feasibility studies
  • Development of feasibility studies
  • Project financial structuring
Funding Type
Grants
Loans (concessional and market-rate)
In-kind contributions
Other
Other Funding Type
Equity
Type of Recipient
Public entity at the national level
Public entity at the sub-national level
Public entity at the regional level
International organization
Non-profit or civil society organization
Private sector
Community-level organization
Climate Objective
Mitigation
Region
East Asia and Pacific
Europe and Central Asia
Latin America and the Caribbean
Middle East and North Africa
North America
South Asia
Sub-Saharan Africa
Sectors and Themes
Energy
Co-financing Requirement
Yes
Application Frequency
Rolling
Contact Information

Climate Investor One (CIO) is a USD 1 billion blended finance facility delivering renewable energy infrastructure projects in emerging markets with a technological focus on:

  • Onshore and near-shore wind
  • Solar PV
  • Run-of-river Hydro

CIO employs a mix of public and private-sector funding as well as commitments from development finance institutions (DFIs) whilst making use of an export credit agency (ECA) guarantee, all in mutually beneficial and complementary ways.

The CIO Development Fund funds up to 50% of the planning and development stage of a project in the CIO pipeline. It offers both technical assistance and financing.

CIO is managed by Climate Fund Managers (CFM). 

This page is specific to COI's Development Fund. For more information about Climate Investor One generally, click here.

Eligibility Criteria

CFM has the following criteria for identifying suitable projects for funding:

  • The project is located in Africa, Latin America or Asia
  • It is located in a low, lower-middle or upper-middle income country
  • It aligns with the technological focus of CIO
  • The project sponsor or developer also has access to a minimum of 25% of its own equity contribution towards construction costs
  • Minimum ticket size of USD 10 million