TAILIEUCHUNG - International Climate Change Financing: The Climate Investment Funds (CIF)

The bottom line of the table grosses up the numbers for industry totals, by assuming that 80% is covered by the top 10 firms. For the margin lending we assume 75% is covered by member of the NYSE. The main point to note is that counterparty exposure differs considerably between the prime brokers, with higher risk-taking firms (to generate higher returns) showing high exposures relative to tier 1 capital, and more conservative firms showing much lower ratios. The total exposure of the top 10 firms is about USD trillion, and total Tier 1 capital is around. | International Climate Change Financing The Climate Investment Funds CIF Richard K. Lattanzio Analyst in Environmental Policy May 5 2011 Congressional Research Service 7-5700 R41302 CRS Report for Congress------------- Prepared for Members and Committees of Congress International Climate Change Financing The Climate Investment Funds CIF Summary The United States contributes funding to various international financial institutions to assist developing countries address global climate change and other environmental concerns. Congress is responsible for several activities in this regard including 1 authorizing periodic appropriations for . financial contributions to the institutions and 2 overseeing . involvement in the programs. Issues of congressional interest include the overall development assistance strategy of the United States . leadership in global environmental and economic affairs and . commercial interests in trade and investment. This report provides an overview of two of the larger and more recently instituted international financial institutions for the environment the Climate Investment Funds CIF and analyzes their structure funding and objectives in light of the many challenges within the contemporary landscape of global environmental finance. The CIF are investment programs administered by the World Bank Group that aim to help finance developing countries transitions toward low-carbon and climate-resilient development. Formally approved by the World Bank s Board of Directors on July 1 2008 the CIF are composed of two trust funds the Clean Technology Fund CTF and the Strategic Climate Fund SCF each with a specific scope objective and governance structure. The CTF provides financing for demonstrating deploying and diffusing low-carbon technologies that have the potential for longterm avoidance of greenhouse gas emissions. The SCF a suite of three separate funds including the Pilot Program for Climate Resilience PPCR the Forest .

• Quỹ đầu tư
• Increased role of civil society
• Environment for development
• Poverty and inequity
• Harnessing opportunities
• Integrated approach
• Cooperation at multiple levels