Fund vehicle
Climate Finance Partnership Fund (CFPF)
The Climate Finance Partnership (CFP) is a flagship public-private blended finance vehicle managed by BlackRock’s Global Renewable Power team. Conceived at the One Planet Summit in 2018, the fund is designed to accelerate the flow of institutional capital into climate-related infrastructure in emerging markets. It focuses on greenhouse gas mitigation through investments in renewable energy generation, energy storage, and electrified transportation. By utilizing a "first-loss" catalytic capital layer provided by sovereign governments and philanthropies, the fund de-risks the investment set for commercial institutional investors. The fund is contractually mandated to allocate at least 25% of its total capital to projects within Africa.
- Manager
- BlackRock Real Assets
- Vintage
- 2021
- Strategy
- Infrastructure
- Target size
- $500m
- Size
- $673m
- Status
- Closed
Disclosed limited partners
- Agence Francaise de Developpement (AFD)
- AXA Group
- Axis Capital
- BlackRock
- Dai-ichi Life Insurance
- E.ON Group
- Finnish Church Pension Fund
- Grantham Foundation
- Japan Bank for International Cooperation
- KfW Development Bank
- Mitsubishi UFJ Morgan Stanley
- Mizuho Bank
- MUFG Bank Ltd
- Richter Family Office
- Standard Chartered Bank
- Sumitomo Life Insurance Company
- Swedish National Pension Fund (AP2)
- The IKEA Foundation
- The Quadrivium Foundation
- TotalEnergies
Sources
- Partner Researchers, accessed 14 November 2026