TAILIEUCHUNG - Meeting of the CTF Trust Fund Committee - INVESTMENT PLAN FOR CHILE

There is also diversity with regard to final beneficiaries: many providers target people excluded from mainstream financial services (47% of respondents of the latest EMN survey) and women (44%); moreover, ethnic minorities and/or immigrants (41%), young (29%) and disabled people (21%) are amongst the top ranks (see Jayo et al, 2010). Priority outreach to these specific target groups show the high social focus of microfinance in Europe. The causes and consequences of financial exclusion can also contribute to social exclusion: Those unable to access finance for enterprise creation/development, have greater difficulty in integrating into the financial system; this. | CLiMATE Investment FuncIs CTF 4 April 13 2012 Meeting of the CTF Trust Fund Committee Washington . May 3 2o12 Agenda Item 4 Investment Plan for Chile Proposed Decision by CTF Trust Fund Committee The Trust Fund Committee reviewed document CTF 4 CTF Investment Plan for Chile and endorses the plan as a basis for the further development of activities for CTF funding. The Trust Fund Committee also notes the request for US 200 million in CTF funding to finance the proposed projects and programs. Recalling the decision by the Trust Fund Committee on document CTF 5 Options for Managing the Development ofProjects Arising from New Investment Plans . 2 Clean Technology Fund Investment Plan for Chile April .

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