Climate Innovation Pull Facility (CIPF)

The UK Department of Energy Security and Net Zero is exploring the development of a new facility - the Climate Innovation Pull Facility. Through pull finance, this facility will support innovation, scale up and market building for climate change mitigation solutions for developing country contexts, focusing on innovative clean energy technologies and business models in a small number of specific applications/sectors, where the evidence shows support is most needed. The planned facility is up to £185m and is part of the Department’s International Climate Finance portfolio and funded with Official Development Assistance (ODA). The Department is planning to procure two contracts: i) A facility manager ii) An independent evaluation partner