Inclusive Green Finance in Asia Pacific
Smallholder farmers and vulnerable communities in Asia-Pacific countries severely threatened by climate change need needs-based financial support. The project will develop sustainable financial products that focus on vulnerable rural communities and are aligned with NDC priorities and national frameworks. In addition, a regional financing programme will mobilise private funds through the capital markets in line with the objectives of international institutional investors. The proposed financing mechanisms complement existing strategies to finance national adaptation plans with the support of public/private financial institutions. The project follows a three-tiered capacity building approach focusing on vulnerable communities, financial institutions, and financial policy makers and regulators.
- Countries
- Bangladesh, Bhutan, Cambodia, Fiji, Laos, Nepal, Samoa, Solomon Islands, Tonga, Vanuatu
- IKI funding
- 915,314.25 €
- Duration
- 02/2022 till 05/2023
- Status
- completed
- Implementing organisation
- Stockholm Environment Institute
- Political Partner
-
- Ministry of Economy and Finance - Cambodia
- Ministry of Economy and Finance - Fiji
- Ministry of Finance - Bangladesh
- Ministry of Finance - Bhutan
- Ministry of Finance - Laos
- Ministry of Finance - Nepal
- Ministry of Finance - Samoa
- Ministry of Finance - Tonga
- Ministry of Finance and Treasury - Solomon Islands
- Ministry of Finance and Treasury - Vanuatu
- Implementing Partner
-
- ADA a.s.b.l
- Asia Pacific Rural and Agricultural Credit Association (APRACA)
State of implementation/results
- The preparation phase of the project includes the following topics :
- green inclusive finance for vulnerable communities in Asia-Pacific.
- adaptation finance.
- mobilisation of private investments.
- After the preparation phase , a decision is made on further funding by the International Climate Initiative.
Latest Update:
11/2024
Project relations
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