Canadian Cooperation Fund on Climate Change
Overview
The Canadian Cooperation Fund on Climate Change was established at ADB in 2001.
The fund aims to assist and engage ADB's developing member countries at the programming and policy level in the management and abatement of climate change to reduce the growth of greenhouse gas emissions.
The objectives of the project are to
- finance project preparation and capacity building through technical assistance operation for the promotion of renewable energy and energy efficiency
- assist projects with potential access to climate change convention-related mechanisms, including the Global Environment Facility and the Clean Development Mechanism
- support activities consistent with the evolving international rules regarding the use of official development assistance in the Clean Development Mechanism
- support carbon sequestration and adaptation to climate change
- fund technical assistance projects for the provision of policy advice, project preparation, training, institutional support, and other technical assistance and activities
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