Climate Innovation and Development Fund (CIDF) #47051
Created at
2025-03-22
Last update
2025-04-07
General info
Name
Climate Innovation and Development Fund (CIDF)
Country of registration/origin
United States of America
Classification
Investment fund
Investor homepage
Comment
In 2021, to help drive more capital, Goldman Sachs and Bloomberg Philanthropies partnered to seed and launch the Climate Innovation & Development Fund (“the Fund” or “CIDF”), which is managed by the Asian Development Bank (“ADB”). The Fund’s goal was twofold: 1) increase the pace, scale and ambition of climate solutions and 2) help transition to a low carbon economy.