Cumulative commitment: Can $5.24 million
The Canadian Cooperation Fund on Climate Change was established in 2001. It assists and engages ADB’s developing members in managing and abating the effect of climate change at the programming and policy levels to help reduce the growth of greenhouse gas (GHG) emissions. Through the projects it finances, the fund promotes renewable energy and energy efficiency and supports carbon sequestration and adaptation to climate change. It also finances projects which can potentially access climate change convention–related mechanisms. The fund’s priority countries include the People’s Republic of China and India in reducing GHG emissions, Indonesia in carbon sequestration, and Pacific countries in adaptation to climate change.
Grant recipients are ADB's developing member countries and institutions operating in these countries.
All ADB developing member countries and institutions operating in those developing member countries are eligible to receive support from the fund.
The following member countries will be given priority:
- China and India with activities relating to the prime objectives of greenhouse gas emission reductions
- Indonesia with activities relating to carbon sequestration
- Pacific countries with activities relating to adaptation to climate change