Clean Technology Fund The World Bank-administered Climate Investment Funds have been designed to assist developing countries to address urgent climate change challenges and to promote international cooperation on climate change. The Funds are intended to support 'transformative' investments in a relatively small number of countries drawing on the particular strengths of the World Bank and its regional development bank partners, and feeding lessons into the ongoing United Nations Framework Convention on Climate Change (UNFCCC) discussions on a post-2012 climate change financing architecture. The Clean Technology Fund (CTF) is one of two multilateral funds which together comprise the Climate Investment Funds.  The CTF supports large-scale deployments of low carbon technology in major-emitting developing countries.  The fund aims to facilitate both public and private sector investment in low carbon projects and assist countries move to more sustainable low carbon development pathways. The total value of this i