Project Readiness Improvement Trust Fund
A multi-donor fund established by ADB will support the design and procurement readiness of climate change responsive investment projects.
This paper documents the establishment of the Project Readiness Improvement Trust Fund (PRI Fund). It provides an overview of the fund including its background and rationale, fund objectives and scope, eligibility criteria, contribution and implementation arrangements, and instrument of contribution.
The Nordic Development Fund is the first contributor to the fund, with a total commitment of €7 million.
- Background and Rationale
- Fund Objective and Scope
- Eligibility Criteria
- Administration Arrangements
- The President’s Decision