A new resource is available to support funding applications under the Climate Investment Funds’ (CIF) Industry Decarbonization Program.
The Evaluation and Learning Toolkit for CIF’s Industry Decarbonization Program is designed to guide countries applying for concessional finance in response to a recently launched Call for Expressions of Interest (EoI) under the program.
The opening of funding applications was announced during the 15th Clean Energy Ministerial in Foz do Iguaçu, Brazil on October 3, 2024, and will remain open until January 17, 2025.
The Call for Expressions of Interest invites developing countries to participate in a first-of-its-kind investment program that involves unprecedented private sector engagement through bringing together governments, multilateral development banks (MDBs), and industries to decarbonize heavy-emitting sectors.
The Evaluation and Learning Toolkit for CIF’s Industry Decarbonization Program sets out the planning and actions required throughout a program's lifecycle —from design to delivery—to generate evidence that informs learning and action and increases the program’s potential and actual results. It is part of a series of toolkits that support CIF’s mission statement to “achieve accelerated transformational change and climate financing that enable progress toward net-zero emissions and adaptive, climate-resilient development pathways, in a just and socially inclusive manner.”
To support the country application process, the Evaluation and Learning Toolkit provides guiding questions for various stakeholders to help them identify the outcomes and processes required to deepen the transformational intent and impact of CIF-supported programs and projects. These questions are intended to generate contextually relevant responses related to the five dimensions that must be present to achieve transformational change. They are based on a framework created by the CIF’s Transformational Change Learning Partnership (TCLP). The five dimensions are relevance, systemic change, speed, scale, and adaptive sustainability.
Examples of the guiding questions include:
Under CIF’s Industry Decarbonization Program, up to $1b in concessional funding will be made available to support eligible countries. In recognition of the critical role the private sector plays in decarbonizing heavy-emitting industries, selected countries will be invited to develop investment plans in collaboration with multilateral development banks, as well as private sector partners. The toolkit is a practical resource to help countries shape and frame their applications. Read more on the application process here.