PROJ10001 - Monitoring and Evaluation of the Climate Public Private Partnership (CP3) Programme - Phase II Contract Award

CP3 aims to increase low carbon investment in renewable energy, water, energy efficiency and forestry in developing countries. It aims to demonstrate to private investors that investing in Low Carbon and Climate Resilient (LCCR) companies in developing countries is not only ethically right but can deliver commercially viable returns as well. Through this "demonstration effect" CP3 also seeks to catalyse new sources of finance, such as pension and sovereign wealth funds, to flow into climate mitigation and adaptation. CP3-supported funds are expected to increase clean energy generating capacity, reduce greenhouse gas (GHG) emissions, increase resource efficiency and support jobs.