Written by Climate Fund Managers
11 April 2019

Date of effectiveness: 21.06.2007 to 31.03.2037

CIO is designed to combat the detrimental effects of climate change by accelerating the delivery of renewable energy projects in developing and emerging markets. The fund comprises three underlying funds – a development fund, a construction fund and a refinancing/operational phase fund.

CIO seeks to simplify the manner in which capital is deployed and reduces complexity by delivering a “whole-of-life” solution that provides a single financing source for each of the respective development, construction and operational phases of a project’s lifecycle. To this end, CIO provides early-stage project development services & financing, equity financing through construction, and long-term debt once the project is operational. This approach will allow CIO to implement more projects to market, faster, delivering positive environmental and social impact sooner. In doing so, CIO is relevant to one or more of the keyword labels of all five QII principles.