In 2018, FinDev Canada announced a $20M investment in Climate Investor One. CIO is an innovative blended finance initiative which is helping fast track 1,100MW of renewable energy and mobilizing up to $3B in private capital. A first-of-its-kind structure, the facility comprises three distinct but interlinked funds - development, construction and operations - to result in more project finance transactions completed, shorter timeframes, and less risk for investors. These outcomes will help gain learnings on how to optimize investment structures for energy projects.
Climate Fund Managers, CIO’s Fund Manager, are committed to supporting women’s economic empowerment. They have signed on to the UN Women’s Empowerment Principles (WEPs) and are developing a Gender and Social Inclusion Policy and Action Plan to incorporate best practices for gender equality at all levels of their operations.