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