ADB Launches IF-CAP for Climate Financing at COP29

ADB Launches IF-CAP to Boost Climate Financing in Asia and the Pacific at COP29

ADB's IF-CAP initiative at COP29 aims to unlock billions for climate action in Asia and the Pacific, driving innovative financing solutions.

Neelima N M

Published on 13th November 2024

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At the COP29 event, the Asian Development Bank (ADB) introduced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP), supported by various international partners.

ADB President Masatsugu Asakawa noted that IF-CAP is a leading climate financing initiative addressing climate change challenges in the Asia-Pacific.

ADB Launches IF-CAP to Boost Climate Financing in Asia and the Pacific at COP29

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