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Establishing the Canadian Climate Fund for the Private Sector in Asia under the Clean Energy Financing Partnership Facility
| Date: | April 2013 |
| Type: | Financing Documents |
| Subject: |
Description
This fund aims to catalyze private sector investment in climate change mitigation and adaptation by supporting private sector efforts to overcome the risks and cost hurdles of leading-edge technology, toward initiating and scaling up projects to reduce greenhouse gas emissions and strengthen resilience under climate change. This is ADB’s first concessional debt cofinancing facility specifically oriented to support private sector operations to combat climate change.