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CILRIF is a blended finance instrument that links long-term (10-15 year) municipal climate insurance with a USD 1 billion infrastructure fund. It incentivizes cities to build resilience by reducing insurance premiums as adaptation milestones are met, providing both immediate post-disaster liquidity via parametric triggers and long-term capital for urban infrastructure.

The Climate Insurance Linked Resilient Infrastructure Financing (CILRIF) is a financial innovation designed to provide municipalities with long-term climate insurance and capital for resilient infrastructure. By linking insurance premiums to the implementation of adaptation measures, CILRIF incentivizes cities to invest in resiliency to reduce their long-term insurance costs and overall financing expenses.

A fact sheet detailing a PHP15bn (USD287m) green bond issued by the Rizal Commercial Banking Corporation (RCBC) on February 1, 2019, to fund renewable energy, green buildings, transport, and waste management projects in the Philippines.

Sustainalytics conducted a pre-issuance verification of AC Energy's green bond in January 2019 to ensure its conformance with the Wind, Solar, and Geothermal Energy Criteria of the Climate Bonds Standard Version 2.1. The verification concluded that the bond's framework for financing or refinancing eligible renewable energy projects meets the required standards.