IFC - International Finance Corporation
$250,000,000.00 CAD
- Department
- Global Affairs Canada
- Program
- —
- Recipient country
- Colombia
- Fiscal year
- 2017-2018
- Agreement period
- March 29, 2018 – March 29, 2043
- Reference
- CA-3-D004328001
Published purpose
This project supports the Blended Climate Finance Program, a partnership between the Government of Canada and the International Finance Corporation (IFC). It aims to support climate action by providing concessional financing to encourage the private sector to invest in climate mitigation and adaptation projects in developing countries that require concessional financing. The program focuses on areas such as solar energy generation, storage and distribution; waste management and energy production; energy-efficient buildings; sustainable industrial practices; green finance; and climate-smart agriculture. These initiatives help reduce greenhouse gas emissions and strengthen climate resilience.
In plain English AI-generated
This project funds the Blended Climate Finance Program, a partnership with the International Finance Corporation, providing concessional financing to encourage private sector investment in climate mitigation and adaptation projects in developing countries, such as solar energy, waste management, and climate-smart agriculture.
Category: Climate Primarily funds activity outside Canada
Based on the published description. See how AI categorization works — the linked official record is authoritative.
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