Microfinance Focus, September 29, 2011: The Climate Finance Innovation Facility (CFIF) is inviting proposals from developing country financial institutions for the preparation of new climate focused financial products and services. The deadline for the second 2011 round of proposal submissions is the 21st of October, 2011.

The CFIF offers technical assistance and preparatory funding for the development of new financial products and programmes supporting investments in low-carbon infrastructure. Support can be used for the development and execution of new financial products, including business planning, systems development and human resource training.

The Facility is managed by UNEP (United Nations Environment Programme) and its new Collaborating Centre at the Frankfurt School of Finance and Management.