| Financier | Commitments |
|---|---|
| InfoDev | 4.90 |
Kenya Climate Venture Facility
Development Objective
The development objective is to pilot an innovative investment facility that addresses the financing gap for promising start-up and early-stage climate technology companies in Kenya, and to develop investible, sustainable and scalable enterprises that contributeto Kenya’s growing climate innovation and clean tech sectors.
Key Details
Project Details
P154586
Closed
Aun Rahman
Kenya Climate Innovation Centre
April 22, 2015
(as of board presentation)
June 8, 2015
June 9, 2015
US$ 4.90 million
Kenya Climate Innovation Centre
2015
US$ 4.90 million
N/A
July 15, 2022
June 25, 2020
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 4.90 |
| Total Project Cost** | 4.90 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
Detailed Financial Activity as of March 31, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Overall | Moderable | 2021-01-19 |
| Overall Implementation Progress (IP) | Satisfactory | 2021-01-19 |
| Progress towards achievement of PDO | Satisfactory | 2021-01-19 |
COMPLETION RATINGS
| INDICATOR | IMPLEMENTATION COMPLETION & RESULTS REPORT: 02-01-2021 |
|---|---|
| Outcomes | Substantial |
| Risk to Development Outcome | |
| Bank Performance | Substantial |
| Borrower Performance | |
| Government Performance | |
| Implementing Agency |
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of enterprises receiving KCVF investment (cumulative) Value 0.00 6.00 6.00 Date June 1, 2015 December 10, 2019 June 25, 2020 Comment Amount invested by KCVF (cumulative) Value 0.00 2700000.00 2670000.00 Date June 1, 2015 December 10, 2019 June 25, 2020 Comment Total additional funding leveraged through Project (cumulative) Value 0.00 2500000.00 8800000.00 Date June 1, 2015 December 10, 2018 June 25, 2020 Comment Number of KCVF portfolio companies raising external funding Value 0.00 4.00 4.00 Date June 1, 2015 December 10, 2018 June 25, 2020 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Number of deals reviewed Value 0.00 70.00 200.00 Date June 1, 2015 December 10, 2018 June 25, 2020 Comment