Initiative details

Canada Fund for the Private Sector in the Americas at the Inter-American Development Bank (IDB)

  • Canada’s Total Climate Finance Contribution: $250,000,000 CAD
    • 2012 to 2013: $50,000,000 CAD
    • 2011 to 2012: $200,000,000 CAD

Targeted Regions:

  • Latin America and the Caribbean

Funding Period: 2011 to 2012, 2012 to 2013

Financial Instrument: Concessional Loan

Delivery Channel:

Description

Canada provided $250 million to the Inter-American Development Bank to create the Canada Fund for the Private Sector in the Americas (C2F), which provides financial support to select private sector projects. These projects may include: renewable energy; energy efficiency; greenhouse gas emission reduction and abatement projects, including forestry; agriculture and land-use changes; as well as projects associated with adapting to climate change vulnerabilities.

Results/Expected Outcomes