Climate Change Fund Annual Report 2019
This report provides the Climate Change Fund's activities in 2019 and progress as of 31 December 2019, in terms of the financial status and operational results; highlights the key issues and lessons, and discusses future directions.
The Climate Change Fund (CCF) was established to facilitate greater investments in ADB’s developing member countries to effectively address the causes and consequences of climate change alongside ADB’s own assistance in various related sectors. As of 31 December 2019, total CCF resources have reached $76.8 million, comprising of $74.0 million in total contributions and $2.8 million in interest or investment income. Of these resources, $74.6 million have been appropriated as follows: $39.6 million (53.1%) for clean energy, $27.0 million (36.2%) for adaptation, $7.8 million (10.4%) for REDD+ and land use, and $0.3 million (0.3%) for climate finance readiness.
- Financial Status
- Results Progress
- Operational Strengths, Opportunities, and Steps Forward