Climate Policy Initiative
For Scaling Innovative Climate Finance In China
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Amount$500,000
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Program
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Date Awarded11/11/2019
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Term12 Months
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Type of SupportProject
Overview
Drawing on the learnings and successes of Climate Policy Initiative’s climate finance program, including the Global Landscape of Climate Finance and the Global Innovation Lab for Climate Finance, the Initiative proposes to catalyze the massive opportunity for climate finance in China by building an analytical foundation for climate investment there and identifying concrete opportunities for Chinese financial institutions to scale up low-carbon, climate resilient investment.
About the Grantee
Grantee Website
climatepolicyinitiative.org
Address
180 Sansome Street Suite 1000, San Francisco, CA, 94104, United States
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.
