Themes: Climate finance

Themes: Climate finance

Developing countries need an estimated US$100 billion per year in climate finance by 2020 to adapt to climate change and help them shift toward low-carbon development paths. The funds are still only partly committed by governments and only partly available on private markets. Explore our projects, publications and blogs urging increased ambition, below.

Completed
Project
Completed
Project : Geothermal development drilling risk finance innovation in Kenya and Ethiopia

Geothermal developers, particularly in the early stages of developing a field, face high costs for field development coupled with high risks associated with resource exploration and development / appraisal drilling. The cost of early phase development in the Kenya and Ethiopia typically ranges from around 50 to 100 million USD for a medium size development (130 MW).