International Development Grant

Canada-International Finance Corporation Blended Climate Finance Program

Project Number: CA-3-D004328001

Status: Operational

Country/Region: Unknown

Regional Focus:

Africa 30%
West Indies 9.2%
America 20.8%
Asia 30%
Europe 10%

Maximum Contribution: $250,000,000.00

Start Date: March 29, 2018

End Date: March 29, 2043

Duration: 25.0 years

Project Description

The Blended Climate Finance Program (BCFP) is a partnership between the Government of Canada and the International Finance Corporation that aims to catalyze private sector financing for resilient infrastructure climate-smart agriculture and renewable energy. This Program promotes gender-responsive climate action while providing concessional financing for private sector-led climate change projects in eligible developing countries.

Expected Results

The expected outcomes for this project include: (1) the reduction of greenhouse gas emissions; (2) reduced vulnerability of businesses and communities to the adverse effects of climate change; and (3) enhanced participation by women in climate mitigation and adaptation-relevant sector or activities.

Key Information

Executing Agency:
IFC - International Finance Corporation

Reporting Organization:
Global Affairs Canada

Program:
YFMInternaAssistPartnershp&Programing Br

Last Modified:
September 19, 2025

Development Classifications

DAC Sector:

Energy generation renewable sources - multiple technologies 30%
Solar energy 45%
Solar energy for isolated grids and standalone systems 15%
Agricultural alternative development 10%

Aid Type: Contributions to specific-purpose programmes and funds managed by implementing partners

Collaboration: Bilateral

Finance Type: Reimbursable grant

Selection Mechanism:
Department-Initiated

Policy Markers
Level 1 Gender equality
Level 2 Environmental sustainability (cross-cutting)
Level 2 Climate change mitigation
Level 1 Climate Change Adaptation
Major Funding (>$1M)
Budget Breakdown
2017-04-01 to 2018-03-31 $250,000,000 CAD
Geographic Information
500
Project Number: CA-3-D004328001