IOM Climate Action

Climate Mobility Investment Facility

Turning climate mobility evidence into investment at scale

What is the Climate Mobility Investment Facility (CMIF)?

Climate-related displacement is increasing, yet climate finance remains fragmented and largely focused on responding to displacement after it occurs. CMIF is IOM's innovative blended finance mechanism designed to fill this gap by connecting climate mobility evidence and investment pipelines with public and private capital.

CMIF provides an integrated, country-led and needs-based approach to climate mobility investment. It supports countries to identify and anticipate climate mobility risks, test locally led innovation, and develop investment-ready pipelines that can mobilise larger-scale financing.

CMIF brings together country diagnostics, including the Risk Index for Climate Displacement (RICD); locally led innovation and catalytic finance through the Climate Catalytic Fund (CCF); and Climate Mobility Investment Plans (CMIPs), which support governments to identify, prioritise and develop investment-ready climate mobility solutions. The Facility connects these pipelines with grant, concessional and private capital, alongside insurance and risk-transfer instruments where relevant.

Insurance and risk transfer

Insurance and risk-transfer instruments run alongside CMIF's investments. They protect adaptation investments, improve liquidity after climate shocks, and strengthen the investment case for public and private investors alike.

Strategic partner

Blended finance, risk transfer and structuring expertise

Investing for impact

CMIF is designed to directly address climate change-related drivers of displacement in climate-vulnerable areas. The Facility shifts the focus from financing the consequences of displacement towards investing in the conditions that enable adaptation and enhanced resilience.

By investing earlier and at scale, CMIF aims to reduce displacement pressures, increase habitability, diversify livelihoods, create new economic opportunities, and support longer-term economic transformation, resilience, peace and stability.

Climate Mobility Investment Plans

A Climate Mobility Investment Plan (CMIP) is a government-owned plan, co-designed by governments and IOM. It sets out where climate mobility risk is concentrated in a country, which interventions respond to it, and how they should be financed. The approach draws on the UNFCCC Technical Guide on Accessing Finance for Averting, Minimising and Addressing Displacement.

The first CMIP was validated in the Philippines in March 2026 with the Department of Environment and Natural Resources, the Department of Social Welfare and Development and IOM. Further countries will be added as their plans come online.

CMIF in action

Explore how countries engage with the Risk Index for Climate Displacement (RICD), the Climate Catalytic Fund (CCF) and Climate Mobility Investment Plans (CMIPs).

This map is for illustration purposes only. The boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the International Organization for Migration.

Climate Mobility Investment Plans

ValidatedPhilippines
OngoingChad, Côte d'Ivoire, Ethiopia, Somalia
PlannedFiji, Mauritania, Thailand, Uganda

Partner with CMIF

CMIF brings together governments, development partners, financial institutions, investors, insurers and technical partners around a shared ambition to scale investment in climate mobility.

CMIF provides investors and financing partners with access to climate mobility investment opportunities grounded in evidence, country priorities and identified climate mobility needs.

Partners can engage across the investment pathway, from catalytic funding for diagnostics, innovation and project origination to financing investment-ready pipelines and developing risk-transfer and private investment solutions.

Partner with us →