12 April 2019

Canadian Climate Fund for the Private Sector in the Americas

Written by Inter-American Development Bank
12 April 2019

The Canadian Climate Fund for the Private sector in the Americas aims to finance private sector climate mitigation and adaptation projects in Latin America and the Caribbean (Latin America and Caribbean) that need concessional financing to become viable projects. The Fund, initiated by a $250 million contribution from the government of Canada and administered by the Inter?American Development Bank (IDB) seeks to mobilize private investment and stimulate economic growth, and will provide financing to projects focused on renewal energy, energy efficiency, and reducing greenhouse emissions and climate change vulnerabilities.