Inclusive Green Finance in Asia Pacific
The project provides needs-based financial support to smallholder farmers and vulnerable population groups in the Asia-Pacific region that are severely threatened by climate change. The sustainable financial products developed for this purpose primarily target vulnerable rural communities and are in line with the NDC priorities and the national framework conditions of the countries. In addition, a regional financing programme mobilizes private funds through the capital markets, aligned with the objectives of international institutional investors. The proposed financing mechanisms complement existing strategies to finance national adaptation plans with the support of public and private financial institutions. A three-tiered approach to capacity building supports vulnerable communities, financial institutions and financial policymakers and regulators.
- Countries
- Bangladesh, Bhutan, Cambodia, Fiji, Laos, Nepal
- IKI funding
- 19,999,678.00 €
- Included preparation phase
- 915,314.25 €
- Duration
- 09/2024 till 08/2029
- Status
- open
- Implementing organisation
- ADA a.s.b.l
- Political Partner
-
- Ministry of Economy and Finance - Cambodia
- Ministry of Economy and Finance - Fiji
- Ministry of Finance - Bangladesh
- Ministry of Finance - Bhutan
- Ministry of Finance - Laos
- Ministry of Finance - Nepal
- Implementing Partner
-
- ADA a.s.b.l
- Asia Pacific Rural and Agricultural Credit Association (APRACA)
State of implementation/results
- The project completed the Kick-Off Meeting (KOM) from February 4th to 7th 2025.
- The project held a meeting with the Bank for Agriculture and Agricultural Cooperatives (BAAC) Thailand to establish a draft protocol, to identify potential challenges and set a roadmap for pilot implementation, capacity building, and regional expansion. An online meeting on 13 June 2025 finalized project objectives, implementation protocols, and 2025 work plans, with next steps including stakeholder mapping, policy engagement strategies, and preparation for inception Conduct inception workshops and bilateral meetings in Bhutan, Bangladesh, Cambodia, Fiji, and Lao PDR between August–October 2025.
- Five financial service providers (FSPs), Padakhep and TMSS (Bangladesh) and BNBL (Bhutan), EMI (Laos) and AMK (Cambodia) were selected to start project activities. Tailored Technical Assistance plans were developed for all five FSPs, covering institutional capacity, climate finance readiness, product development, responsible finance, and Gender, Equity, Disability and Inclusion, with FSPs responsible for implementation and internal system transformation.
- The project team is developing selection criteria and Terms of Reference for local organisations to host Multi-Stakeholder Action Platforms (MALs) in six target countries. Pilot MALs will launch with key stakeholder mapping, identification, and engagement Q3 of 2025 and in Q1 of 2026.
- The Gender Equality and Social Inclusion (GESI) team has continued to build its networks in preparing for initial field visits in Q4 of 2025 (Bangladesh in October, Lao PDR in November, Bhutan in November–December). Local contacts are being identified for key informant interviews, and groundwork is underway to scope future case studies of women-led and inclusive climate finance models and assess site potential for gender-transformative approaches. Initial fieldwork will also entail a community-level workshop with selected FSP target communities to ensure the project gender action plan directly reflects community concerns and opportunities.
Latest Update:
12/2025
Project relations
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