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