ADB and the climate investment funds : developing a private sector portfolio

Aside from the private sector projects within Investment Plans, ADB through the Dedicated Private Sector Programs under the Clean Technology Fund is channeling over $100 million directly into private sector investments in geothermal energy development, renewable energy minigrids, and other projects. ADB will also be implementing an adaptation project through the Private Sector Set-Asides under the Pilot Program for Climate Resilience.
This publication presents an overview of ADB’s experience in building a CIF private sector portfolio, highlighting how funding has been able to encourage greater private sector investment in climate-relevant sectors by using innovative financial instruments to address risks.