The International Climate Fund (ICF) of the UK government is considering
new delivery options for the disbursal of its resources in order to
achieve a range of benefits that it does not feel are fully met through
its current approaches.
This report identifies how the ICF might use the UK Green Investment
Bank, the Private Infrastructure Development Group (PIDG) and CDC1 as
potential delivery vehicles for some of its resources. Subject to
sufficient resources being available, each of these options could be
pursued in parallel: they each have the potential to tackle different
gaps in the current climate finance architecture and both individually
and collectively they could offer significant advantages to the ICF.
Each, however, carries important risks and uncertainties.
Vivid Economics. Delivery options for the International Climate Fund. Report prepared for ICF spending departments. Final Report. Vivid Economics, London, UK (2014) 117 pp.