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Updated on March 3rd, 2016:
The objective of the project is to support entrepreneurs and SMEs involved in developing profitable and locally-appropriate solutions to climate change and increase business activity in the climate technology sector through the establishment of a locally based climate innovation center. Approval completed on 2 February 2016. Environmental Assessment Category B. Project: P145765. US$ 17.2 (INFO). Consultants will be required. Implementing agency(ies) to be determined.
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Updated on August 12th, 2015:
The objective of the project is to support entrepreneurs and SMEs involved in developing profitable and locally-appropriate solutions to climate change and increase business activity in the climate technology sector through the establishment of a locally based climate innovation center. Appraisal completed on 21 April 2015. Environmental Assessment Category B. Project: P145765. US$ 17.2 (INFO). Consultants will be required. Implementing agency (ies) to be determined.
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Building on infoDev's SME development and incubation success, the Climate Technology Program (CTP) was launched. The CTP supports developing countries to profitably develop and scale climate technology businesses that target national priorities in green growth, climate resiliency and job creation. The main vehicle for this is the Climate Innovation Center (CIC), locally run specialized business incubators which provide climate technology entrepreneurs with a comprehensive suite of financing and services. infoDev will undertake a feasibility study to consider developing a CIC in Ghana. infoDev believes that Ghana has high potential to benefit from the establishment of a CIC to meet its climate change challenges, particularly in renewable energy, sustainable agribusiness, water and resource management, buildings and transport. If approved following the 6-8 month feasibility assessment, establishment of a CIC would require a a 5-year implementation and scale-up phase. Average budget is USD 15-20m. Identification completed on 8 May 2013. Environmental Assessment Category B. US$ 17.2 (INFO). Consulting services to be determined. Implementing agency(ies) to be determined.

The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.
The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.
Involves the production, transformation, transportation, and distribution of energy from renewable and non-renewable sources.
Focuses on protecting natural ecosystems, promoting sustainable resource management, enhancing climate resilience, and mitigating the impacts of climate change through conservation, adaptation, and low-carbon initiatives.