Climate Policy Initiative
For The India Clean Energy Finance Initiative
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Amount$4,500,000
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Program
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Date Awarded11/19/2016
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Term36.0 Months
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Type of SupportProject
Overview
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.
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 general operating support
The Climate Policy Initiative is an analysis and advisory organization with deep expertise in finance and policy. Its mission is to help governments, businesses, and financial institutions drive economic growth, while addressing climate change. The initiative works to accelerate climate finance deployment, recognizing that, while the world has begun to mobilize new climate finance, it has not yet achieved the scale or the rate needed. (Substrategy: Climate Finance )
for the Net Zero Finance Tracker
Climate Policy Initiative helps governments, businesses, and financial institutions drive economic growth while addressing climate change. The organization will expand the scope and reach of its 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 over the past year and help frame the discussion ahead of COP29, which is specifically focused on finance issues. (Substrategy: Finance)
for general operating support
The Climate Policy Initiative is an analysis and advisory organization with expertise in finance and policy, seeking to help governments, business, and financial institutions drive economic growth, while addressing climate change. This general support grant will support the initiative’s work across the range of issues on which they work, including evaluating the landscape of policy and investment trends, assessing the effectiveness of climate finance policy, and developing transformative solutions for climate finance. (Substrategy: Climate Finance)
