About
Established in 2019 in partnership with the government of Germany, the International Climate Initiative (IKI) Fund aims to catalyse investment for ambitious climate change mitigation and adaptation projects in developing and emerging countries. The IKI Fund seeks to do this by providing investment grants, financial instruments and technical assistance to public and private sector beneficiaries, as well as advisory services to central banks and financial institutions. It currently supports five initiatives funded by the International Climate Initiative: the Green Transition Facility Jordan, the Universal Green Energy Access Programme, the Greening Financial Systems Programme, the Renewable Energy Solutions Programme, and the 'Just Transition and Just Resilience' programme, which supports Ukraine’s gradual phasing-out of coal mining.
At a glance
The IKI Fund supports ambitious climate action projects in developing and emerging economies.
Donor funds committed
Donor financing approved
Operations
Total investment supported
Get involved
We are seeking additional donors for our successful Greening Financial Systems Programme, which aims to build climate-resilient financial systems around the world. The Programme directly supports the Paris Agreement goals by advancing the achievement of Nationally Determined Contributions in developing countries. Contributions from donor countries count as Official Development Assistance.
Check out our replenishment proposal and contact us for more information on how to contribute to EIB's Greening Financial Systems programme.
Our donors
Germany is the first and currently only donor to the IKI Fund.
Expected impact
171 GWh/year electricity produced from renewable energy sources
More than 350 000 tons CO2 emissions avoided per year
14 600 jobs supported
Sustainable Development Goals
Donor-financed operations through our trust funds make a direct contribution to several of the UN’s Sustainable Development Goals (SDGs). Our collective actions unlock billions of euros in investment to combat climate change, eradicate poverty and fight inequality. These are some of the global goals targeted by our trust fund.
Donor-funded instruments
Eligibility
Operations eligible for financing under the IKI Fund must be in line with the EIB’s Climate Action eligibility criteria.
Key publications
Trust funds in action
Resources for development finance are limited. Find out how EIB Global works with 12 trust funds to increase amounts available, support a wide variety of projects and make a positive impact.
Overview of the IKI Fund
This flyer provides an overview of the trust fund's activities in 2023.