Interact Climate Change Facility

Debt : November 2016

BIO has granted a €10M loan to the Interact Climate Change Facility (ICCF), an EDFI co-financing facility dedicated to climate-friendly investments.

Amount

€ 10,000,000.00

Type of investment

Debt

Development impacts

Local economic growth
Access to basic services & goods
Fight against climate change

Beneficiary locations

Africa:

Asia:

Latin America and Caribbean:

Middle East:

Investment field

Investment Companies & Funds

Activity

KK.64.301 Infra Fund

Organisation

Interact Climate Change Facility

Website

https://www.edfi.eu/facility/iccf/

Domicile

Luxembourg

More investments in

Interact Climate Change Facility

Equity € 6,000.00 (2011)
Debt € 10,000,000.00 (2011)

ICCF is dedicated to climate friendly investments i.e. renewable energy, energy efficiency project, renewable energy equipment, public transportation, sustainable sequestration of carbon or greenhouse gases. This co-financing facility was created in 2010 between 11 European Development Finance Institutions, EIB and AFD to share investments and exposure on large projects and leverage available funds. The operating model is based on cooperation among funding members.

Development impacts

Local economic growth
Effects at investee level: Historically, ICCF covers infrastructure projects which are financed over the long run.
Access to basic services & goods
Energy : ICCF promotes renewable energy and energy efficiency projects in DAC countries. It contributes to the reduction of the energy shortage and deficient infrastructure
Fight against climate change
ICCF promotes renewable energy and energy efficiency projects in DAC countries. All projects supported by ICCF contribute to carbon emission reductions. ICCF estimates the carbon footprint of all projects in which it invests.