Climate finance: International business opportunities

To help developing countries mitigate the effects of and adapt to climate change, significant financing is being offered by public, private and alternative sources—such as bilateral organizations and international financial institutions (IFIs)—for local, national and transnational projects around the world.

In the last four years, more than US$61 billion in climate finance has been mobilized globally. By 2020, global climate finance is expected to reach US$100 billion annually, based on a commitment from developed countries made at the 15th Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change.

Opportunities for Canadian companies

Climate finance presents growing international business opportunities for Canadian firms across a variety of sectors, such as professional services, clean technologies, infrastructure, agriculture, mining and transportation. By taking on a variety of project roles (e.g. project developer, service provider and technology provider), Canadian firms can enter developing and emerging markets with the support of climate finance.

Although funding opportunities for climate-related projects are numerous, accessing them isn’t straightforward. The Climate Fund Inventory database covers 90+ climate funds that vary in scope and size. Our regionally focused climate finance trade commissioners can assist you in navigating these business opportunities by providing you with competitive information, briefing sessions, qualified contacts, visit information and assistance with resolving any problems.

Contact the Canadian Trade Commissioner Service


Manila, Philippines
Grimi Guarico
Climate Finance - Trade Commissioner
Tel : 011 63 2857 9137


Washington, D.C., United States
Faheem Noor Ali
Climate Finance - Trade Commissioner
Tel : (202) 448-6306


Abidjan, Côte d’Ivoire
Euloge Camara
Climate Finance - Trade Commissioner
Tel : +225 20300796

Europe and Middle East

London, United Kingdom
Rachel Soares
Climate Finance - Trade Commissioner
Tel: 011 44 2070046219

This support is integrated within the Canadian Trade Commissioner Service’s network of offices abroad and in Canada, as well as the aid market support network.

Upcoming events

In Canada

The Canadian Trade Commissioner Service can introduce you to the right people and help you connect with potential partners or clients at trade events.

Training Workshop – Climate Finance Business Opportunities30 August 2018MontrealQuebec

Latest events taking place in Canada


The Canadian Trade Commissioner Service can introduce you to the right people and help you connect with potential partners or clients at trade events.

Climate Finance - Renewable Energy Mission to Indonesia29-31 August 2018JakartaIndonesia
Team Canada Trade Mission to AfricaOctober 09-19, 2018MultipleCôte d’Ivoire
Africa Investment Forum07-09 November 2018JohannesburgSouth Africa

Latest events taking place abroad

Access climate finance

Climate finance is offered by a wide variety of actors in the form of grants, debt financing, risk mitigation (e.g. guarantees, insurance), equity and carbon offsets. Climate finance is available to businesses that deliver goods, works or services for projects related to climate change mitigation, adaptation and REDD+ (reduce emissions from deforestation and forest degradation).

Funding is available through bilateral agencies and IFIs that offer public procurement opportunities for Canadian firms. Financing is also increasingly available through private-sector lending windows. For example, the private-sector arms of many IFIs (e.g. the International Finance Corporation) and development finance institutions (e.g. in Canada and in Europe), as well as institutional and private investors, offer climate finance in the form of debt financing, equity investment or guarantees for specific projects.

For an overview of the international sources of climate finance, how to identify and use public and private sector channels, and best practices:

Information on how to access climate-specific business opportunities for each of the following multilateral development banks and funds:

Canadian successes

Canadian companies demonstrate international leadership in many key sector areas of climate finance, including in renewable energy, consulting services, geomatics, energy efficiency, and agriculture. Here are some examples of Canadian successes abroad:

Canadian Successes

Additional Resources

Climate finance fundamentals

Climate finance projects

Climate finance funds

Webinars and podcasts

What's being said

Join the Canadian Climate Finance Business Development Network


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