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The OPEC Fund
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  2. Enhancing Outcomes of the Nature Solutions Finance Hub (NSFH) for Asia and the Pacific

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Enhancing Outcomes of the Nature Solutions Finance Hub (NSFH) for Asia and the Pacific

Philippines, Papua New Guinea, Thailand, Uzbekistan, Bhutan

Financing Type Grants
Category Technical Assistance
Focus Area Multisectoral
Approved 21.10.2024
Signed 06.12.2024
Loan Administrator OPEC Fund for International Development
Organization ADB
OPEC Fund Contribution (US$m) 1.50
Total Project Cost (USDm) 5.19

The proposed TA grant aims to support the implementation of the Nature Solutions Finance Hub for Asia and the Pacific (NSFH), which was launched by the OPEC Fund and the Asian Development Bank at COP28. In particular, the TA will enhance the NSFH ability to develop innovative financing models and instruments, identify and design potential projects and programs, and support partner countries to adopt and scale up Nature-based Solutions (NbS) and nature-positive investments across Asia and the Pacific.

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