Concessional Climate Loans
Fast-tracking new investments in climate change mitigation and adaptation
Long-term financing options that provide both high-risk tolerance and low costs are limited in today’s market. To remove these obstacles, significant financial innovation is needed.
The Canadian government and the IDB partnered to launch the Canadian Climate Fund for the Private Sector in the Americas (C2F). This $250 million fund catalyzes private sector investments in climate change mitigation and adaption.
Through concessional loans, the C2F offers businesses senior or subordinated debt at below market rates to incentivize climate change investments in solar, wind, geothermal, biogas, agriculture and land use, and adaptation.