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Canada’s Total Climate Finance Contribution:
$225,000 CAD
- 2010 to 2011: $225,000 CAD
Targeted Countries:
India
Funding Period: 2010 to 2011
Type of Support:
Mitigation
Project Funded through a Canadian Facility:
IFC - Canada Climate Change Program (CCCP)
Delivery Partner(s):
Description
The IFC-Canada Climate Change Program financed advisory services to assist the Government of Odisha, India in the structuring and implementation of a public-private partnership (PPP) transaction to develop a 40-60 megawatt (MW) solar park.
Results/Expected Outcomes
The expected outcome of the project is for the Government of Odisha to explore different sources of clean energy, meet its increasing energy requirement, diversify sources of energy and address potential climate changes issues. With support from Canada, this project is expected to lead to an estimated greenhouse gas emissions reduction of 1.3 million metric tons of CO2 per year through clean power generation.*
Co-Financing/Mobilized Finance ($CAD):
$308,000
Estimated GHG (metric tons of CO₂) Reduction Associated with Project (per year)Disclaimer *:
1,300,000