Established in 2019, the International Climate Initiative (IKI) Fund aims to catalyse investment for ambitious climate change mitigation and adaptation projects in developing and emerging countries. The IKI Fund seeks to do this by providing partial portfolio guarantees and technical assistance to public and private sector beneficiaries. The trust fund was developed in partnership with Germany.
The IKI Fund’s initial contributor, Germany, has committed EUR 9 million to finance operations deployed by the trust fund.
Donor-financed operations make a direct contribution to several of the UN’s Sustainable Development Goals (SDGs). These are some of the global goals targeted by our trust funds. Our collective actions unlock billions of euros in investment to combat climate change, eradicate poverty and fight inequality.
The EIB uses donor funds to enhance the development impact of investment projects. The IKI Fund deploys technical assistance and partial portfolio guarantees that provide credit risk protection on a portfolio basis.
Operations eligible for financing under the IKI Fund must be in line with the EIB’s Climate Action eligibility criteria.