Geographical areas of intervention

The Fund can finance interventions in 141 countries receiving public development assistance identified by the OECD Development Assistance Committee (DAC), with priority on the macro-areas of Africa and the Middle East.

Types of eligible projects

The eligibility of projects for the Italian Climate Fund is assessed according to the OECD "Rio Marker" methodology. The climate impact of each project is assessed ex-ante and monitored ex-post with sector-specific indicators.

Tools

The Fund operates with a wide range of instruments, aimed at serving different types of counterparties :

• Financing for initiatives promoted by companies, (corporate or project finance vehicle company, of any nationality)
• Financing to the public sector, (governments, central banks, state public bodies of partner countries)
• Financing and guarantees in favor of financial institutions
• Investments in funds
• Issue of guarantees