23 NOVEMBER 2014
WASHINGTON, D.C., November 20, 2014 – The governing body of the $7.6 billion Climate Investment Funds (CIF) has unanimously reaffirmed the CIF’s mandate going forward to ensure continuity of climate finance flows and action on the ground.
During the semi-annual meetings in Washington, D.C., representatives of the 63 CIF pilot countries, donors and observers also recognized the need to maintain diversity of financing options, complementarity, and coherence of the CIF with other funding sources in the climate finance architecture.
Source: Climate Investment Funds