Private Sector Nomination Process
The private sector is a key stakeholder in both climate mitigation and adaptation activities funded by the CIF.
The CIF engages the private sector to help transform and stimulate markets, and is inviting nominations for private sector observers for:
- the Clean Technology Fund (CTF) as well as;
- the three Sub-Committees of the Strategic Climate Fund: the Forest Investment Program (FIP), the Pilot Program for Climate Resilience (PPCR), and the Scaling-up Renewable Energy Program (SREP).
Observers will be selected for the term 2015-2016, and should come from business umbrella organizations or associations with verifiable connections to networks that are actively engaged on issues relevant to the CIF. Private sector observers should have expertise in sectors such as renewable energy, clean technology, climate resilience projects, sustainable forestry businesses, or in climate finance related projects.
There are two observer seats on each committee or sub-committee, with one organization representing developed and the other developing countries.
Interested organizations who meet the private sector observer selection
are invited to apply to be observers using an
All applications must be submitted by Monday, 10 November 2014.
Selection Process Description and Timeline
ICC Services will accept applications from qualified private sector members
from Monday 6 October 2014 until Monday, 10 November at 11:59 p.m. GMT.
Once the application process has closed, ICC Services will review and evaluate applications considering strength of their responses and adherence to the selection criteria generated by CIF private sector stakeholders.
6 February 2015
, ICC Services will make the shortlist of candidates public, circulate it widely and invite private sector stakeholders to make comments on candidates from their region and sector. The comment phase will end on
20 February 2015
A final list of selected observers based on the results of the feedback will be produced.
Publicizing the results:
ICC Services will notify the selected observers and seek confirmation from them after
20 February 2015
Shortlisted candidates should monitor their email during this period and be prepared to respond promptly with a confirmation of interest, if applicable
. ICC Services will then share the final list of private sector observers with the CIF Administrative Unit and post the names of new observers to the relevant websites by
24 February 2015.
Background and Overview
This third selection process for private sector observers to the Climate Investment Funds was launched in October 2014.
The CIFs are a pair of funds – the Clean Technology Fund (CTF) and the Strategic Climate Fund (SCF) – aimed at helping developing countries pilot low-emissions and climate-resilient development. Each fund is governed by a trust fund committee with equal representation from contributor and recipient countries. The CTF trust fund committee oversees the fund’s operations, provides strategic direction, and approves and oversees programming and projects. The SCF trust fund committee advises on strategic direction for three targeted programs: (1) the Forest Investment Program (FIP), (2) the Pilot Program for Climate Resilience (PPCR), and (3) the Scaling up Renewable Energy Program (SREP). Each of these programs is governed by its own subcommittee.
The funds are channeled through five multilateral development banks (MDBs): the African Development Bank, the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank, and the World Bank Group.
Representatives from the Global Environment Facility, the United Nations Environment Program, the United Nations Development Program, the United Nations Framework Convention on Climate Change, civil society, indigenous peoples’ groups, and the private sector are invited to select representatives to participate as active observers in meetings of the CTF Trust Fund Committee and the three subcommittees of the SCF (FIP, PPCR and SREP).
See the Climate Investment Funds website for additional information.