Chair's Summary - Establishment of the Innovative Finance Facility for Climate in Asia and the Pacific Financing Partnership Facility

Institutional Document | April 2023
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This document summarizes the discussion of the meeting of the ADB Board of Directors held on 20 April 2023 discussing the Establishment of the Innovative Finance Facility for Climate in Asia and the Pacific Financing Partnership Facility (IF-CAP).

Directors commended IFCAP’s innovative design that will help the Asian Development Bank (ADB) expand financing for climate change projects toward its ambition of $100 billion in cumulative climate financing up to 2030.

Additional Details

Type
Series
Subjects
  • ADB administration and governance
  • Climate change
  • Climate finance

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