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.
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