European development finance institutions join forces to fight climate change
09/03/2011
AFD, EIB and the Association of European Development Finance Institutions EDFI (including Finnfund) have agreed to jointly finance climate change and climate efficiency projects.
Agence Française de Développement AFD, the European Investment Bank and eleven members of the Association of European Development Finance Institutions EDFI (including Finnfund) have agreed to jointly finance climate change and climate efficiency projects. The institutions have agreed to establish the Interact Climate Change Facility (ICCF) to enhance combined climate action initiatives.
ICCF contributes to sustainable economic development by providing long-term financing for renewable energy and energy efficiency projects in poor countries suffering from energy shortages.
More details in the press release of AFD, EIB and EDFI.
ICCF_Press_Release.pdf
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