Canada, ADB launch new fund for climate solutions

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Canada and the Asian Development Bank announced a partnership to create a new CA$360 million trust fund .

ADB will administer CANPA on behalf of Canada to help private sector companies lower their greenhouse emissions, transition from carbon-based operations and improve their climate resilience. It will also finance nature-based solutions such as sustainable agriculture and aquaculture to protect, manage and restore ecosystems.

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MlaStandard /  🏆 20. in PH

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