The IDFC Facility is supporting IDFC members in doing more and better climate and biodiversity finance and getting aligned with the goals of the Paris Agreement and the Convention on Biological Diversity, particularly by enhancing knowledge exchange between members and capacity development on climate and nature-related topics.

The IDFC Facility focus on:

• Knowledge sharing,
• Capacity-building, tools and methodologies,
• Support to project preparation and
• Joint business opportunities

What are the expected impacts of the Facility?

• Increased resources to implement the Paris Agreement,
• Upgraded knowledge management and communication on climate change and climate action,
• Fostered multi-actor partnerships between development banks from developed and developing countries as well as with private actors;
• Enhanced private sector engagement and mobilization of local and international capital;
• Improved complementarities and synergies among members’ activities;
• Coherence and complementarity in the operationalization of climate related projects;
• Strengthened capacity of development banks to originate, structure and deliver climate change projects to grow their pipeline;
• Enhanced pooling of resources for greater impact;
• Accelerated alignment of finance with low carbon and climate resilient development to support the implementation of global agendas on climate, Improved quality of and infused innovation into financed projects.