PROJECT

Projects

Summary of Proposed Investment

Project Number

30909

Company Name

IFC CATALYST FUND, LP

Date SPI Disclosed

Sep 29, 2011

Country

World Region

Industry

Agribusiness and Forestry

Projected Board Date

Nov 17, 2011

Status

Active

Sector

Private Equity/Venture Cap Fund - Sector

Department

Equity Portfolio Management

Environmental Category

FI

Previous Events

Approved : Nov 10, 2012
Signed : Dec 20, 2012
Invested : Mar 7, 2013

Project Description

As part of IFC’s strategic focus on addressing adverse climate change across the emerging markets, IFC is proposing to invest in a to-be-established investment vehicle (“Climate Catalyst Fund”) that will mobilize additional capital for co-investment alongside IFC in private equity funds (“Climate Funds”) focused on low-carbon and climate-friendly projects and companies globally across the emerging markets. The objective of the Climate Catalyst Fund is to stimulate the development of Climate Funds and climate friendly projects and companies which are expected to play a key role in accelerating the growth of investment in renewable energy and other low-carbon solutions.

Sponsor / Cost / Location

Development Impact