Asia


Global and Regional Initiatives

Region Description Year Contribution
Asia

This project aims to improve the state of coastal resilience for vulnerable populations, particularly women and girls in Small Island Developing States (SIDS) and coastal developing countries, where the Ocean Risk and Resilience Action Alliance’s (ORRAA) financial products and projects apply. The aim of ORRAA is to foster collaboration amongst the finance and insurance sectors, governments and environmental organizations to pioneer finance and insurance products that incentivize investment into nature-based solutions.

The project activities include: (1) delivering ORRAA Innovation Challenge workshops to identify new products and projects; (2) developing a technical analysis on the incorporation of gender considerations into ocean risk projects; and (3) presenting policy recommendations on the mitigation of ocean risks for the most vulnerable communities at international forums. This project benefits the most vulnerable communities, particularly women and girls, in coastal developing countries, SIDS, and other low-lying areas.

For more information, please visit Global Affairs Canada's Project Browser.

2020 to 2021 $1,780,890 CAD
Asia This project aims to reduce greenhouse gas emissions by assisting participant countries to design, pilot and implement carbon pricing instruments appropriate to their national context and development priorities. The overarching goal and key elements inherent to this World Bank multi-donor project include: (1) helping countries to build the capacity, infrastructure and policy /regulatory frameworks for using carbon pricing instruments; and (2) providing a platform for technical discussions and information exchange on carbon pricing and other mitigation policy instruments.

For more information, please visit Global Affairs Canada's Project Browser.

2020 to 2021 $5,000,000 CAD
Asia This project supports the transition to sustainable land use and the reduction of greenhouse gas emissions from forests and landscapes in targeted countries. It focuses on leveraging public and private finance to reduce deforestation, forest degradation, and restore and enhance forest resources. It also focuses on establishing benefit-sharing mechanisms and gender-responsive commitments. Activities may include job-focused interventions from sustainable land use activities, improving livelihood opportunities, implementing sustainable land use practices, providing training on sustainable land use practices, and regulation and/or policy adoption in support of sustainable land use. The program provides funding alongside credit financing from the International Bank for Reconstruction and Development or the International Development Association. Eligible countries include Colombia, Costa Rica, Dominican Republic, Fiji, Guatemala, Indonesia, Laos, Mexico, Peru and Vietnam.

For more information, please visit Global Affairs Canada's Project Browser.

2019 to 2020, 2020 to 2021 $75,000,000 CAD
Asia - Low, lower-middle income and small island developing countries

As part of its $2.65 billion climate finance commitment, Canada is providing $200 million over 2016/17 to 2019/20, for the second phase of the Canadian Climate Fund for the Private Sector in Asia (CFPS II). This fund aims to catalyze private investment in climate change action in developing countries, including small-island developing states. Using concessional financing, this fund enables private investment in climate change projects that would not otherwise happen due to market barriers to investment.

More information on the fund and Canada’s partnership with the Asian Development Bank supported projects can be found here: https://www.adb.org/site/funds/funds/canadian-climate-fund-for-the-private-sector-in-asia-2

For more information, please visit Global Affairs Canada's Project Browser.

2016 to 2017, 2018 to 2019, 2019 to 2020 $200,000,000 CAD
Asia

This project seeks to reduce people's vulnerability to natural disasters throughout Southeast Asia, with a particular focus on women and children. The project aims to increase the resilience of Southeast Asians to natural disasters by helping communities to work better with national governments and regional organizations to establish more effective disaster risk reduction plans and policies. The project strengthens the ability of national Red Cross Societies and regional organizations to represent and communicate the needs of vulnerable groups who are often more severely affected by disasters.

It also helps the Red Cross Societies work with national governments and regional organizations, to ensure that laws and policies for disaster risk reduction take into account issues related to vulnerable communities, gender equality, and the environment. The project contributes to the development and implementation of work-plans on disaster risk reduction between the Red Cross National Societies and regional organizations. It also supports the Red Cross National Societies to build awareness and skills related to International Disaster Response Law at the regional, national and community levels.

For more information, please visit Global Affairs Canada's Project Browser.

2013 to 2014, 2014 to 2015, 2016 to 2017, 2017 to 2018, 2018 to 2019 $2,997,319 CAD
Asia - Low, lower-middle income and small island developing countries Canada provided a $82.39 million contribution to the Asian Development Bank, including $75 million of concessional financing to support catalyzing private investment in climate change in low and lower-middle income countries and small island developing states in Asia, and $7.39 million of grant financing to provide technical assistance to select private sector projects or public sector projects that can improve the enabling environment for private sector investments in clean energy and adaptation. 2012 to 2013 $82,390,000 CAD
South Asia and East Africa Canada's Fast-start contribution to the International Center for Tropical Agriculture (CIAT) supported research fellowships in Africa and South Asia to allow farmers to test the impacts on greenhouse gas emissions of changes in management practices and use of technology that could boost adaptive capacity and productivity. 2012 to 2013 $500,000 CAD