The International Climate Fund (ICF) was set up by the United Kingdom (UK) government to provide GBP 3.87 billion (over USD 6 billion) between April 2011 and March 2016 to help developing countries tackle climate change and reduce poverty. The ICF supports activities that reduce greenhouse gas emissions by promoting growth and resilience through good development. It also helps governments avoid long-term lock-in to high carbon investments, as well as tackle deforestation.
ICF is managed by three UK government agencies: the Department of Energy and Climate Change (DECC); the Department for International Development (DFID); and the Department for Environment, Food and Rural Affairs (Defra).
The ICF aims for a balanced allocation of funding between adaptation (50%), low-carbon development (30%) and forestry (20%).
For adaptation, the ICF supports activities in agriculture, disaster risk reduction, water resource management, infrastructure and urban investments, coastal zone and ecosystems management, social protection, and health systems.
The ICF finances projects that show how low-carbon, climate-resilient growth is not only feasible, but desirable; support global climate change negotiations; and recognize that climate change offers new opportunities for private sector partnerships, innovation, and sustainable development.
How to access the fund
There is no direct route through which an organization outside of the UK Government can independently develop a project to be considered for ICF funding. Proposals come regularly through DFID country offices or central departments, as well as from DECC and Defra. Often the delivery partners of individual projects include private sector entities, civil society organizations and academic institutions, but the proposal has to be sponsored and managed by one of the three UK government departments.