NDF - Financing for climate change and development projects

Promoting readiness of climate resilient investments in Southeast Asia

Mekong River transport, Vietnam

NDF, in partnership with the Asian Development Bank, is helping countries build a pipeline of well prepared, technically sound and climate change responsive projects through the Project Readiness Improvement Trust Fund

ADB’s multi-donor Project Readiness Improvement Trust (PRI Fund) has been supporting eligible ADB Developing Member Countries (DMCs) in Southeast Asia to build a pipeline of climate resilient design- and procurement-ready infrastructure projects. Established in 2016, the PRI Fund helps countries deliver their respective Nationally Determined Contributions (NDCs) and focus on critical development projects related to climate change.

Watch the video showing how the PRI Fund helps such investments become shovel ready, innovative and catalytic, featuring LAO PDR’s Sustainable Rural Infrastructure and Watershed Management Sector project.

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