In December 2015, world leaders reached a historic climate agreement at COP21 in Paris, sending a clear signal to governments and businesses to accelerate their efforts to decarbonize their economies, supply chains, and business models. However, investment in low-carbon, climate-resilient activities is far short of the need to meet internationally agreed goals. Climate Policy Initiative (CPI), through financial analysis and convening, helps ensure that policymakers and decision makers have the knowledge and tools to spend more money, more wisely, to address climate change, while achieving sustainable development goals.
About the Grantee
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Grants to this Grantee
for the India Clean Energy Finance Initiative
This grant will support the Climate Policy Initiative’s India Clean Energy Fund. This fund will support grantees who seek funding from the U.S. government’s Overseas Private Investment Corporation to develop distributed and rooftop solar business models for the purpose of reducing air pollution from power plants and expanding electricity access to underserved and poverty-stricken areas of India. The grants provide resources to meet the business and environmental guidelines of the U.S. government, and leverage more than $400 million to expand rooftop and off-grid clean energy in India.
for general operating support
The Climate Policy Initiative is a think tank that addresses climate change through three program areas. First, research on how finance can be a catalyst for climate mitigation. Second, how the world can smoothly transition away from fossil fuels. Third, how to reform energy markets in a post carbon world and find new models for sustainable growth in emerging markets.
for the Climate Finance Program
This grant will support the overarching goal of CPI’s Climate Finance program (CPI-CF), to ensure that policy and investment decision makers have the knowledge and tools to spend resources wisely to address climate change, while achieving sustainable development goals. CPI-CF’s programmatic strategy is organized around three work streams: (a) to provide needed information on investment flows and investors, (b) apply in-depth analysis to guide decision makers on their efforts to accelerate the effective use of public and private resources, and (c) develop and scale transformative financial solutions to address investors’ needs and lower costs.