In September, 2008, donor countries have pledged $6.1 billion to finance
two Climate Investment Funds (CIF), Clean Technology Fund and
Strategic Climate Fund. The funds will be disbursed as grants, highly
concessional loans and/or risk mitigation instruments. At the
current moment, on March 31, 2010, the total amount pledged by
13 donor countries to the CIF Trust Funds (CTF and SCF) is over 6.1 billion.