Interact Climate Change Facility
- Region: Global
- Country: Regional
- Sector: Energy
- Year: 2010
- Domicile: Luxembourg
- Instrument: Equity and loan
- Commitment (MNOK) as of 31.12.2016: 298.0
- Original Commitment (MNOK): 299.2
ICCF is a debt syndication fund providing debt finance to renewable energy and energy effeciency projects. Members of the group include a number of European DFIs as well as EIB and AFD. The fund has successfully financed a number of power projects in emerging countries, and has had the capital available increased three times by the members.
Interact Climate Change Facility (ICCF) will demonstrate to private sector investors the financial attractiveness of climate-friendly projects and will catalyze long-term investments. The initiative promotes the use of clean technology as an integral part of economic development. The facility contributes to sustainable economic development by providing long-term financing for renewable energy and energy efficiency projects in poor countries suffering from significant energy shortage/access.
ICCF can finance up to 75% of a project proposal with a maximum of EUR 45 million, while the remaining 25% will be financed by the proposing EDFI member.