The International Development
Finance Club is a network of 19 development finance institutions with mandates
for national, sub-regional, regional and international activities around the
world. Each institution has a critical role in co-developing with governments enabling
regulatory and policy environments, bridging critical funding gaps, building
technical competencies, strengthening institutions and catalyzing investment in
new economic and social sectors. The members of the IDFC are key players in
collaborating with the governments, private sector and civil society and
towards advancing the sustainable development agenda. The IDFC members have a
successful and measurable track record of integrating climate change issues and
related risks into their development mandates.
Its members are based in
Africa, Asia, Europe and the Americas
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Brazil (BNDES)
Chile (BWE)
Columbia (Bancoldex)
Honduras (BCIE/CABEI)
Mexico (Nafin)
Venezuela (CAF)
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France (AFD)
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Target Sectors
Alternative energy, greenhouse gas reduction, sustainable energy finance
environmental sustainability
Name of program
under which funds are provided
Nature of funding
IDFC website does not have details on specific funds, however the
members of IDFC as mentioned in a tabulated form above is of interest. The
member countries provide funds and IDFC can be an importance source in
understanding financing. In front of the country name, the development
financial institution is mentioned in brackets and may be consulted for funds.
Work programs are designed for each year which give information regarding funds.
Examples of
projects
PLAC+e Program (CAF): Promotion and participation in creation of emission
reduction market and sequestration of greenhouse gases (GHG), identifying and
financing clean and alternative energy project, and energy efficiency projects
in Latin America, strengthening
framework for GHG reduction and alternative energy market development. See: http://www.idfc.org/Case-Studies/plac+e-program.aspx
Other projects include- Carbon Efficient Index –ICO2 (Brazil ), Energy Conservation (Vietnam ), Energy for the Fture (Namibia
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