Climate Policy Initiative
For General Operating Support
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Amount$1,500,000
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Program
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Date Awarded10/2/2017
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Term12 Months
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Type of SupportGeneral Support/Organization
Overview
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.
About the Grantee
Grantee Website
climatepolicyinitiative.org
Address
575 Market Streer, Suite 514, San Francisco, CA, 94105-2854, United States
Grants to this Grantee
for a comprehensive platform to track commitments and actions of global financial institutions
Climate Policy Initiative will expand the scope and reach of their existing data platform, which provides the most comprehensive assessment of global financial institutions’ progress toward net-zero. This will drive greater transparency and accountability to support the decarbonization of the financial sector. The data platform will capture the progress made at COP27 and help frame the discussion ahead of COP28. (Substrategy: Multilateral)
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.
