Global Programmes
Financial Action Task Force (FATF) UK Voluntary Contribution
HM Treasury
UK contribution to support to the Financial Action Task Force (FATF), the international standard setter for tackling money laundering, terrorist financing and proliferation financing, to increase the number of staff within its Global Network Coordination Group (GNCG). This enables GNCG to considerably increase its engagement with, and improve the quality of country assessments conducted by, the FATF-style regional bodies (FSRBs), and improve understanding of the FATF Standards among FSRB member countries. More robust, timely assessments and improved understanding of international AML/CTF/CPF standards drives more effective, more timely corrective measures around the world, leading to reduced opportunities for and improved law enforcement responses to financial crime. This additional engagement also enables and improves the effectiveness of other development interventions from other capacity building providers, including the International Monetary Fund, the World Bank, and others, as the regional institutional frameworks will be strengthened and knowledge of the FATF Standards will be increased.
Asian Infrastructure Investment Bank (AIIB) UK Capital Investment
HM Treasury
UK investment in the new Asian Infrastructure Investment Bank to assist in addressing the shortage of infrastructure investment across the Asia-Pacific region. The UK’s membership will deepen economic ties with Asia and create opportunities for British businesses. The AIIB will support economic growth in the region and drive up living standards. The AIIB aims to help bridge the gap and improve economic growth in Asia. The establishment of the AIIB supports access to finance for infrastructure projects across Asia using a variety of support measures including loans, equity investments and guarantees to boost investment. Supporting infrastructure investment in Asian will support economic growth in the region and give benefits for the whole global economy.
End Violence Against Children (EVAC Fund)
UK - Home Office
The UK Home Office recognises the moral and operational imperative to support the global fight against online child sexual exploitation (CSE). As such, the Home Office has committed £40 million towards the UNICEF hosted End Violence Against Children Fund (EVAC) to support activities intending to build international capacity to tackle online CSE. The EVAC's strategy for supporting international action aligned to the WePROTECT Global Alliance's (WPGA) strategy for national action. The WePROTECT Global Alliance combines expertise from industry, law enforcement, government and civil society to determine the capabilities required at country level to effectively respond to the threat of online CSE. Projects funded by the EVAC fund must demonstrate how they support the implementation of the WPGA's Model National Response.
Climate Investment Funds (CIFs)
UK - Department for Energy Security and Net Zero
The $8 billion Climate Investment Funds (CIF) accelerates climate action by empowering transformations in clean technology, energy access, climate resilience, and sustainable forests in developing and middle income countries. The CIF’s large-scale, low-cost, long-term financing lowers the risk and cost of climate financing. It tests new business models, builds track records in unproven markets, and boosts investor confidence to unlock additional sources of finance.
Clean Energy Transition Programme (CETP)
UK - Department for Energy Security and Net Zero
The Clean Energy Transitions Programme (CETP) leverages the IEA’s unique energy expertise across all fuels and technologies to accelerate global clean-energy transitions, particularly in major emerging economies. The Programme includes collaborative analytical work, technical cooperation, training and capacity building and strategic dialogues.
The Nationally Appropriate Mitigation Actions (NAMA) Facility
UK - Department for Energy Security and Net Zero
The NAMA Facility is a targeted fund set up in 2012 by Germany and the UK to help finance measures that tackle and shift challenging sectors within a country’s climate mitigation action plans. Projects in these plans (their Nationally Appropriate Mitigation Actions Plans) funded by the NAMA Facility offer good potential for replication and are important building blocks towards implementing ambitious NDCs. The NAMA Facility has an open access competitive structure and projects are wide ranging in type (energy efficiency, transport, agriculture, renewables, waste) and geography (Asia, Africa and South and Central America) and noticeable for high level of country support.
NDC Partnership
UK - Department for Energy Security and Net Zero
The NDC Partnership is a international partnership aiming to help turn countries’ climate targets under the Paris Agreement, known as Nationally Determined Contributions (NDCs), into specific strategies and measures. It also aims to achieve greater harmonisation among the various donor programmes supporting NDCs.
Forest Carbon Partnership Facility (FCPF)
UK - Department for Energy Security and Net Zero
The Forest Carbon Partnership Facility (FCPF) was established in 2008 to assist developing countries in their efforts to reduce emissions from deforestation and forest degradation and foster conservation, sustainable management of forests, and enhancement of forest carbon stocks (all activities commonly referred to as "REDD+") by providing value to standing forests. The FCPF is a multi-donor Trust Fund managed by the World Bank. It has two separate but complementary funding mechanisms — the Readiness Fund and the Carbon Fund.
Climate Public Private Partnership Programme (CP3)
UK - Department for Energy Security and Net Zero
The Climate Public Private Partnership Programme (CP3) aims to increase low carbon investment in renewable energy, water, energy efficiency and forestry in developing countries. By showing that Low Carbon and Climate Resilient investments can deliver competitive financial returns as well as climate and development impact, CP3 seeks to catalyse new sources of climate finance from institutional investors such as pension funds and sovereign wealth funds.
Global Climate Partnership Fund (GCPF)
UK - Department for Energy Security and Net Zero
GCPF is a public-private partnership which seeks to mobilise investment flows in energy efficiency and renewable energy projects in developing and emerging markets, with the aim to reduce greenhouse gas emissions. GCPF primarily does this by providing debt finance via local financial institutions, extending credit lines so they can offer loans for small-scale low carbon projects. GCPF also supports local finance institutions through technical assistance and capacity building.
The Global Innovation Lab - (Continuation of the Capital Markets Climate Initiative)
UK - Department for Energy Security and Net Zero
The Global Innovation Lab (the Lab) is a public-private partnership that brings together experts from Governments, investors and civil society to discuss and help understand the barriers to investment. It works to identify, refine, and launch innovative financial instruments to attract private investment in climate change mitigation and adaptation at scale. It aims to drive billions of dollars of private investment into low-carbon, climate resilient economies.
BioCarbon Fund (BioCF)
UK - Department for Energy Security and Net Zero
The Fund will provide technical assistance for REDD+ implementation and measures which improve the enabling environment for private sector investment; offer a finance for Verified Emission Reductions associated with avoided deforestation; and secures private sector finance, for example through purchasing commitments for sustainable commodities produced in the jurisdiction (sometimes called ‘offtake agreements’). Each country programme under the BioCarbon Fund will operate at the jurisdiction-scale, that is within a landscape-wide area that is governed by a single political jurisdiction.
UK Partnering for Accelerated Climate Transitions (UK PACT)
UK - Department for Energy Security and Net Zero
UK Partnering for Accelerated Climate Transitions (UK PACT) is the Department for Business, Energy, and Industrial Strategy’s (BEIS) flagship technical assistance programme and is funded via the UK’s International Climate Finance (ICF) commitment. UK PACT operates in countries with high greenhouse gas emissions that are eligible to receive Official Development Assistance (ODA) and have potential for high emissions reduction. UK PACT supports these countries to increase and implement their ambitions for emissions reductions in line with internationally agreed commitments (NDCs). UK PACT works strategically to leverage the UK’s position as a global leader in tackling climate change to provide support and share expertise, build strong relationships with other governments, and deliver transformational assistance
Transformative Carbon Asset Fund (TCAF)
UK - Department for Energy Security and Net Zero
The Transformative Carbon Asset Facility will target sector or policy wide programmes where the implementing country is planning to take climate mitigation action. This could be via regulations, fiscal policies, feed-in-tariff or incentives. As long as these plans are in line with the TCAF programme selection criteria, in collaboration with the implementing entity (normally a Government ministry) TCAF will design a methodology that pays for the verified emissions reductions of the programme above its intended ambition, giving targeted support to unlock the barriers to allow the increased ambition to be realised.
2050 Calculator
UK - Department for Energy Security and Net Zero
The International 2050 Calculator Programme was a technical assistance programme, funded by UK International Climate Finance (ICF), a ring-fenced portion of the Official Development Assistance (ODA) budget for climate change, through the Department for Energy Security and Net Zero (DESNZ). The programme supported ODA-eligible countries develop their own interactive 2050 Calculator energy and emissions tools.
Knowledge, Evidence and Engagement Portfolio (KEEP)
UK - Department for Energy Security and Net Zero
KEEP is a research and engagement facility that enables HMG climate leads to commission bespoke evidence and engagement activities to improve the delivery and increase the ambition of UK International Climate Finance activities, supporting developing countries to tackle climate change. It facilitates this by making funds available for research and engagement activities, filling evidence gaps and by ensuring efficient quality assurance and approval procedures
Market Accelerator for Green Construction (MAGC)
UK - Department for Energy Security and Net Zero
The Market Accelerator for Green Construction (MAGC) aims to drive the financing and construction of greener buildings in emerging markets. The programme is a partnership between the UK and the International Finance Corporation (IFC), it aims to build demonstration portfolios of green construction at scale, reducing emissions, mobilising new finance and inspiring markets to shift towards the new energy efficient buildings of the future.
Energy Sector Management Assistance Programme (ESMAP)
UK - Department for Energy Security and Net Zero
The World Bank Energy Sector Management Assistance Programme (ESMAP) is a multi-donor trust fund that provides technical assistance to help shape global energy policies and leverage significant development financing. It primarily targets six Asian countries (China, India, Indonesia, the Philippines, Pakistan and Vietnam) where the most new, unabated coal-fired power generation is due to begin operation (from 2018 to 2020). ESMAP is influential in advising countries on the clean energy transition, with significant demand for its technical assistance.
Climate Ambition Support Alliance (CASA)
UK - Department for Energy Security and Net Zero
The Climate Ambition Support Alliance (CASA) programme will work through secondary providers to provide training, in addition to technical, legal and logistical support for developing country negotiators, in order to build the capacity of the least developed and most climate vulnerable states to participate in the international negotiations process and be more effective in influencing its outcomes.
Climate Finance Accelerator (CFA)
UK - Department for Energy Security and Net Zero
To accelerate the transformation of developing countries’ Nationally Determined Contributions into a pipeline of bankable projects, which have the potential to attract investment at scale from the private sector. The CFA will achieve this by facilitating ‘transaction-oriented’ workshops, convening project developers, policy makers and capital market players from participant countries with UK-based green finance experts.
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