Interact Climate Change Facility

The facility is managed by the Association of European Development Finance Institutions (EDFI), based in Brussels. EDFI provides the secretariat, coordinates the credit committee, and facilitates co-financing among member development finance institutions. Individual member DFIs originate and underwrite the underlying transactions.

ICCF does not maintain a standalone origination team. Project pipeline is sourced through the in-country offices and existing client networks of participating European development finance institutions, including institutions such as FMO, DEG, and Proparco. This dispersed origination model provides broad geographic reach without duplicating infrastructure.

ICCF finances private-sector climate mitigation and adaptation projects in emerging and developing economies. The portfolio centers on renewable energy generation — solar, wind, small hydro — alongside industrial energy-efficiency upgrades and sustainable infrastructure. It does not typically finance public-sector or sovereign projects.

ICCF is not a pooled investment fund. It functions as a co-financing framework: when a member development finance institution identifies a qualifying climate project, other ICCF members can join the syndicated loan or guarantee facility. Each member underwrites its own exposure, and no single ICCF balance sheet exists.

ICCF targets sub-Saharan Africa, South and Southeast Asia, and parts of Latin America — regions where commercial bank appetite for long-tenor climate infrastructure remains limited and where European DFIs already maintain active pipelines. Geographic allocation depends entirely on where member institutions originate eligible deals.

EDFI is the Brussels-based industry association for European bilateral development finance institutions. ICCF is one of several cooperative facilities that EDFI manages on behalf of its members. EDFI provides governance, administrative, and coordination services but does not commit its own capital to ICCF transactions.

ICCF primarily structures senior and mezzanine debt, guarantees, and occasionally convertible instruments for private-sector projects. It does not operate as an equity fund and rarely takes direct ownership stakes. Its capital stack is designed to crowd in commercial co-lenders, not to compete with them.