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Interact Climate Change Facility (ICCF)

Investment Facility to finance private investment projects in countries hosting Official Development Assistance

COFIDES in conjunction with its european counterparts, the European Investment Bank (EIB) and the French Development Agency (AFD), have collaborated since 2011 in the new financial scheme “Interact Climate Change Facility” (ICCF), an investment facility to co-finance private sector investments in developing and reforming economies.

The key characteristics of the financial support provided are as follows:

  • Eligible projects: Private and viable investment projects that contribute to the mitigation of climate change and promotion of energy efficiency in target countries.
  • Types of financial support:
    • Loans
    • Mezzanine
    • Guarantees
  • Ceiling: Up to 50% of the required external resources for the development of the roject, up to a maximum of €45m.The EDFI’s institutional member propose that the project is committed to co-finance the operation (with a minimum co-financing rate of 25%) jointly with ICCF .
  • Present capital endowment (2014): €185m as extraordinary input in 2014.
  • Access: Interested parties should apply to COFIDES
> Other financial instruments

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Last update...2018-10-23