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Proposed Project for Consideration
Establishing a Renewable Energy and Greenhouse Gas Mitigation Investment Fund
Purpose
The objectives of the proposed small-scale TA are to
- identify existing and planned ADB programs and resources promoting renewable energy implementation that could be linked more effectively
- promote renewable energy implementation in DMCs by developing an investment/private equity fund concept that would invest in predominantly small and medium-sized clean energy projects, therefore enabling a greater number of projects that promote sustainable development to be financed
- assist DMCs by providing capital, project expertise, international and emerging market experience through investments directly into clean energy projects
- enable a public-private partnership
Estimated cost: $150,000
Status
- The draft TA paper has been prepared and reviewed by the REACH Working Group and the Danish Government.
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