OeEB provides 5 million Euros for Interact Climate Change Facility (ICCF)
OeEB agreed to jointly finance climate change and climate efficiency projects together with ten members of the Association of European Development Finance Institutions (EDFI) for private sector investments in developing and reforming economies, Agence Française de Développement and the European Investment Bank.
The institutions agreed to establish the Interact Climate Change Facility (ICCF) to enhance combined climate action initiatives. OeEB provides 5 million Euros.
The Interact Climate Change Facility will fund private sector operations, proposed by any of the EDFI shareholders. The EDFI members, EIB and AFD will provide 300 million Euros.
For more information read the full Press Release.