Case study
Climate Public Private Partnership (CP3)
How the International Climate Fund (ICF) is helping to boost investment in climate projects in developing countries.
The Department of Energy & Climate Change and the Department for International Development will invest £130 million in 2 commercial private equity funds, which will aim to leverage private co-investment. These funds will be run on a strictly commercial basis by professional fund managers.
As well as an equity investment of £110 million, the project will include technical assistance to support the development of the project pipeline and facilitate pioneering projects.
Private investment to help tackle climate change press release.
Business case for ICF support of the Climate Public Private Partnership pdf 2.35MB