According to the implementing agencies, the project seeks to unlock capital from private investors for investments in climate-resilient infrastructure projects from sub-national actors around the world. Technical assistance will be provided so that these projects have access to credit. The support will be for infrastructure projects between $ 5 and $ 75 million USD that are medium, low carbon and climate resilient, in developing and less developed countries.
The topics in which the SnCF will invest are: waste optimization, renewable energy, energy efficient lighting and water and sanitation projects.
The SnCF seeks the reduction of GHGs; protection of biodiversity and natural resources; respect for indigenous peoples and cultural heritage; incorporation of the gender perspective; good labor standards and working conditions; community health and safety; pollution prevention; and avoid involuntary resettlement or loss of livelihoods.
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