Canadian Climate Fund for the Private Sector in Asia II

Climate Objective
Adaptation
Mitigation
Sectors and Themes
Agriculture
Disaster Risk Reduction
Energy
Gender
Industry and Infrastructure
Jobs
Oceans and Coasts
Transport
Waste Management
Type of Support Provider
Multilateral
Type of Recipient
Private sector
Fund Size

$149.5 million

Co-financing
No
Application Timeframe

Contact ADB for more information.

Trustee or Administrator
Asian Development Bank (ADB)
Contact Information

Fund Team:
David Barton - dbarton[at]adb.org
Zhidi Liang - miliang[at]adb.org

Countries
Afghanistan
Armenia
Bangladesh
Bhutan
Cambodia
Fiji
India
Indonesia
Kiribati
Kyrgyz Republic
Laos
Maldives
Micronesia
Mongolia
Myanmar
Nepal
Pakistan
Palau
Papua New Guinea
Philippines
Samoa
Solomon Islands
Sri Lanka
Tajikistan
Timor-Leste
Tonga
Tuvalu
Uzbekistan
Vanuatu
Region
East Asia and Pacific
Europe and Central Asia
South Asia

Established in 2017, the fund aims to catalyze greater private investment in climate change mitigation and adaptation projects that support the pursuit of a low- carbon, gender- responsive, and climate-resilient development path for the region.

Support Provider

Canada

Purpose of Support
Project and program implementation
Financial Instruments Offered
Concessional loans
Monitoring and Reporting Procedures

Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.

Organizational and Decision Making Structure

All nonsovereign fund financing requests will be reviewed by ADB's Blended Finance Committee, before endorsed by ADB's Investment Committee, Concept Review Committee and/or FAST Committee.

Eligibility Criteria

The fund will support private sector projects from the list of eligible countries. Fund resources will not be used to finance stand-alone transactions, meaning ADB participation will be necessary in all transactions. 

Eligible countries

Most ADB developing member countries are eligible.

Eligible Countries and Geographic Regions
East Asia and Pacific
Cambodia
Fiji
Indonesia
Kiribati
Laos
Marshall Islands
Micronesia
Mongolia
Myanmar
Palau
Papua New Guinea
Philippines
Samoa
Timor-Leste
Tonga
Tuvalu
Vanuatu
Vietnam
Europe and Central Asia
Armenia
Kyrgyz Republic
Tajikistan
Uzbekistan
South Asia
Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka
Solomon Islands
Information on how to

Contact the ADB for more information.

Please note, funding is only available to pre-selected countries. See the eligible countries field for more information.