The Green Climate Fund (GCF) has granted $300 million to the Asian Development Bank (ADB) to assist in creating environmentally friendly infrastructure projects that aim to help economies in the region recover sustainably and create jobs. The ADB said the funds will be utilised by the ASEAN Catalytic Green Finance Facility’s (ACGF) Green Recovery Programme […]
$300 Million from Green Climate Fund to Support ADB’s First Green Recovery Program in Southeast Asia
MANILA, PHILIPPINES — The Green Climate Fund (GCF) has allocated $300 million to support the Asian Development Bank’s (ADB) efforts to help Southeast Asia shape a climate-resilient, environmentally sustainable economic recovery from the coronavirus disease (COVID-19) pandemic. The Association of Southeast Asian Nations (ASEAN) Catalytic Green Finance Facility (ACGF) Green Recovery Program aims to leverage […]