DetailsInternational
Climate Initiative (IKI)

The project helped national climate finance institutions (CFIs) in Africa, Asia and Latin America to develop their institutional capacity. Training enabled the CFIs to successfully attract national and international funding for climate finance and to invest this in national mitigation actions. CFIs must meet precisely defined fiduciary standards in order to apply successfully for funding for national mitigation or adaptation projects via direct access, for instance to the Green Climate Fund (GCF). In addition to needs-based, direct consultancy provided to selected CFIs on compliance with fiduciary standards, the project also facilitated supra-regional workshops in Asia, Africa and Latin America. An online forum allowed direct exchange of best practices and experience among emerging economies and developing countries.