CTF meaning in Business ?

Answer: What is Clean Technology Fund mean?

The Climate Investment Funds (CIF) is one of the world’s largest multilateral funds working to pilot and scale climate solutions in developing countries. Established at the request of the G8 and G20 in 2008, CIF administers a collection of programs that help resource-strapped nations fight the impacts of climate change and accelerate the shift to a low-carbon economy. Through contributions from 14 donor countries, CIF is supporting more than 350 projects in 72 low and middle-income countries on the frontlines of the climate crisis.

The CEO is Mafalda Duarte, a Portuguese national.

CIF partnerships have channeled more than $60 billion from governments and the private sector to projects such as the world’s largest solar park, the first geothermal power plant in South America, and investments in Mexico’s wind power industry. CIF directly supports 10 of the UN’s 17 Sustainable Development Goals (SDGs).

CIF works in partnership with governments, the private sector, civil society, local communities, and six major multilateral development banks (MDBs) to develop innovative climate solutions. CIF provides highly competitive financing that reduces risk for investors, lowering barriers to piloting new clean technologies, scaling up proven solutions, opening up sustainable markets, and mobilizing private sector capital for climate action. Rallying MDBs and businesses behind increasingly ambitious climate goals and complementary action, CIF draws in diverse partners who might otherwise be deterred from investing alone. Every dollar of CIF financing unlocks over $8 in additional finance from partners.

Independent evaluations have shown that CIF has succeeded in accelerating progress toward a climate- smart future that leaves no one behind, particularly in the areas of clean technologies, energy access, climate resilience, and sustainable forests. Now, after widespread consultation to identify the next frontier of climate challenges, CIF is pioneering investments in five new areas: the transition from coal, climate- smart cities, nature-based solutions, industry decarbonization, and renewable energy integration. In 2021, the G7 announced a commitment to provide up to $2 billion in additional resources for CIF.

CIF investments are overseen by a governing board that gives equal authority to donor and recipient countries with input from official observers representing the private sector, civil society, and indigenous peoples. All programs and operations are bound by a commitment to gender equality, empowering women to overcome social and other barriers to address climate change and take leadership in climate action. In addition, CIF’s Just Transition Initiative is one of the first of its kind to put fairness at the center of climate finance.

CIF comprises two funds, the Clean Technology Fund and the Strategic Climate Fund.

reference

Full Form	Category
Coatepeque	Airport Code
Cruise The Falls	Business
Citadel Income Fund	Business
Clean Technology Fund	Business
California Teleconnect Fund	Business
Cost To Firm	Business
Congregational Trust Fund	Business
Client Testing Facilities	Business
Career and Technology Foundations	Business
CVS Automatic Commercial Exchange Security	Business
Camel Toe Farm	Community
Childrens Trust Fund	Community
Canadian Teachers' Federation	Community
Child Trust Fund	Community
Conservation Trust Fund	Community
Consumer Telephone Forum (Telcordia)	Computer and Networking
Counter, Timer, and Frequency	Computer Hardware
Common Trace Facility	Computing
Consumer Telephone Forum	Computing
Character Code Translation File	Computing
Click To Fax	Computing
Cell Type Field	Computing
Cyber Task Force	Computing
CyberTime Finance Token	Cryptocurrency
Contrast Transfer Function	Electronics
Symphony Character Code Translation File	File Type
Colorado Trail Foundation	General
Controlled Traffic Farming	General
Crash Test Facility	General
Chevy Truck Forum	General
Computerized Transmission Function	General
Chevrolet Task Force	General
Clean Truck Fee	General
Continental Technik Forum	General
Cut The Fork	General
Children's Tumor Foundation	General
Correctional Training Facility	General
Charge Trap Flash	General
Compania de Transport Feroviar	General
Cletus the Fetus	General
Cephalonia Transform Fault	General
Continuous Transitional Focus	General
Common Transfer File	General
Color Transfer Function	General
Common Training Framework	General
C Terminal Fragment	General
California Texas and Florida	General
Challenge The Fabric	General
Common Trace Format	General
Colorado Tick Fever	General
Common Translation Factor	General
Canadian Taxpayers Federation	Governmental
Combined Test Force	Governmental
Counter Terrorist Force	Governmental
Counter-Terrorism Financing	Governmental
Combat Terrorism Financing	Governmental
California Transportation Foundation	Governmental
Community Task Force	Governmental
Cannabis Trade Federation	Governmental
CHITGIDDA	Indian Railway Station
Click To Follow	Internet
Connective Tissue Factor	Medical
Critical To Function	Medical
Central Treatment Facility	Medical
Calm The Fire	Messaging
Commander, Task Force	Military and Defence
Combined Task Force	Military and Defence
Control Test Flight	Military and Defence
Communications Task Force	Networking
Clic (compact Linear Collider) Test Facility	Physics Related
Crew Training Facility	Space Science
Capture The Flag	Sports