The CIF administers a collection of programs with a view of helping nations fight the impacts of climate change and accelerate their shift to a low-carbon economy.
[1] CIF works in partnership with governments, the private sector, civil society, local communities, and six major multilateral development banks (MDBs).
[2] CIF investments are overseen by a governing board that provides equal authority to donor and recipient countries with input from official observers representing the private sector, civil society, and indigenous peoples.
Total Clean Technology Fund subsidies for this program would be $4 - 8 billion, easily within the range for a serious multilateral effort.
The Climate-Smart Urbanization Program is an initiative by the Climate Investment Funds (CIFs) meant to support cities.