Opportunity
The UK Department of Energy and Climate Change had decided to scale up its climate finance in the public and private sectors.
Solution
In order to do so, we decided to evaluate a new approach of investing UK climate finance, that would aim to demonstrate that transformation to low carbon development is possible, can be replicated at a large scale, and can be commercially viable.
Outcome
Through evaluating this new approach, we were able to gain an in depth insight into how to mobilise low carbon investment in developing countries and whether the UK Climate Investments (UKCI) pilot is a model that should be rolled out across the ICF.