Agence Française de Développement (AFD), the European Investment Bank (EIB) and OeEB together with ten other European Development Finance Institutions (EDFI), agreed to jointly finance climate change and energy efficiency projects in developing countries and emerging markets.

Project name Interact Climate Change Facility (ICCF)
Region supra-regional
Sector Energy / Resource efficiency / Infrastructure
Service Investment Finance
OeEB project volume EUR 25 million
Projekt partner(s) EDFI, EIB, AFD

The institutions agreed to establish the Interact Climate Change Facility (ICCF) to enhance combined climate action initiatives.

Since its incorporation in 2010, ICCF has successfully approved a total of 12 projects. The portfolio includes wind power, solar power and energy efficiency projects in Sub-Saharan Africa, Latin America and Asia.