International Development Grant
Canadian Climate Fund for the Private Sector in Asia – Technical assistance
Project Number: CA-3-M013850002
Status: Operational
Country/Region: Unknown
Regional Focus:
Maximum Contribution: $7,392,968.00
Start Date: March 26, 2013
End Date: March 31, 2037
Duration: 24.0 years
Project Description
This initiative is a part of the Canadian Climate Fund for the Private Sector in Asia which funds private sector projects across Asia and the Pacific that help countries reduce their carbon footprint and adapt to the adverse impacts of climate change. During the Fund’s four-year investment period this technical assistance component provides assistance to select climate-friendly private sector projects or public sector projects that improve the enabling environment for private sector investments. In support of the Fund’s objectives the technical assistance component aims to support the deployment of new technologies and activities that enable policy and institutional reforms including the establishment of regulatory frameworks that encourage climate change mitigation and adaptation. As such the initiative makes funds available to support technical assistance for project preparation policy development and advisory services and capacity development including support for gender mainstreaming in Fund projects. Canada's total contribution to the Fund is expected to leverage up to US $300 million in private sector investment over the Fund's 24-year life and help to reduce greenhouse gas emissions by up to 750 000 tonnes per annum.
Expected Results
The expected intermediate outcomes for this project include: increased implementation of climate change mitigation measures and reduced vulnerability to the adverse effects of climate change.
Progress & Results Achieved
Results achieved as of December 2023 through 14 projects funded by grants for technical assistance include: (1) in Bhutan: the Climate-Resilient Hazelnut Value Chain project supported 1 908 farmers including over 1 169 women in applying a range of climate resilience or adaptation practices in hazelnut farming; (2) in Indonesia: Papua New Guinea Timor-Leste and Vietnam: the Olam International Limited Inclusive Sustainable and Connected Coffee Value Chain project promoted inclusive and sustainable agricultural value chains. This includes training about 20 000 smallholder coffee farmers on avoiding deforestation and increasing productivity through climate-smart agriculture practices; (3) in Mongolia: the Sermsang Khushig Khundii Solar project supported the preparation of technical environmental social and legal due diligence reports for the solar project. This involved the construction operation and maintenance of a 15 megawatt solar power plant and its related facilities; (4) in Samoa: the Development of Solar Power Independent Power Producer project supported the technical legal environmental and social due diligence to finance a 1.8MW expansion of an existing 2.2MW grid-connected solar photovoltaic system on the island of Upolu; and (5) in Sri Lanka: the project strengthened the capacity of vegetable and fruit growers in climate resilience and organic farming aiming to train 2 000 vegetable and fruit growers 30% of them women in best practices in organic and resilient vegetable and fruit production. This in the face of climate change as well as functional financial literacy.
Key Information
Executing Agency:
ASIAN DEVELOPMENT BANK (AsDB)
Reporting Organization:
Global Affairs Canada
Program:
YFMInternaAssistPartnershp&Programing Br
Last Modified:
September 19, 2025
Development Classifications
DAC Sector:
Aid Type: Contributions to specific-purpose programmes and funds managed by implementing partners
Collaboration: Bilateral
Finance Type: Aid grant excluding debt reorganisation
Selection Mechanism:
Pre-APP