The Australian Government is launching an innovative new climate program to harness the power of private capital and our development assistance to turbocharge climate action in our region.<\/p>\n\n\n\n
The Climate Catalyst Window, announced at COP29, will boost the efforts of climate-focused businesses across Southeast Asia, South Asia and the Pacific \u2013 one of the world\u2019s most climate-vulnerable regions.<\/p>\n\n\n\n
Backed by the proven success of Australian Development Investments (ADI), this $126 million initiative leverages concessional finance to de-risk transactions making climate solutions attractive to private investors.<\/p>\n\n\n\n
ADI will use loans, equity and guarantees to attract private investment into projects that matter to our region. Funds recovered through the Window will be reinvested, ensuring the fund grows over time, and supports a pipeline of projects into the future.<\/p>\n\n\n\n
Along with financial support, the initiative will provide projects with technical assistance to ensure rigorous impact measurement, promote gender equality, and enhance project bankability.<\/p>\n\n\n\n
This initiative is another example of Australia\u2019s commitment to accelerating the net-zero transition and showcases the impact of sustainable finance in mobilising private capital to address climate challenges across the Indo-Pacific.<\/p>\n\n\n\n
For more information on Australia\u2019s blended finance efforts, visit Australian Development Funds<\/a>.<\/p>\n\n\n\n Minister for Foreign Affairs, Penny Wong<\/strong><\/p>\n\n\n\n \u201cThe Climate Catalyst Window will unlock the potential of climate-focused businesses to help drive the climate action our region has been asking for.<\/p> \u201cWe\u2019re also ensuring we are getting maximum value for Australia\u2019s development assistance in projects that matter to Australians and our region.<\/p> \u201cA peaceful, stable, prosperous, and climate-resilient region makes us all safer.\u201d<\/p><\/blockquote>\n\n\n\n Minister for International Development and the Pacific, Pat Conroy<\/strong><\/p>\n\n\n\n \u201cThe Climate Catalyst Window is a targeted investment to support climate-focused small and medium enterprises in the Indo-Pacific, empowering them to innovate, grow, and contribute to the global net-zero transformation.\u201d<\/p> \u201cThrough blended finance, ADI will mobilise greater private investment to address climate mitigation and adaptation needs across Southeast Asia, South Asia, and the Pacific.\u201d<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":" The Australian Government is launching an innovative new climate program to harness the power of private capital and our development assistance to turbocharge climate action in our region. The Climate Catalyst Window, announced at COP29, will boost the efforts of climate-focused businesses across Southeast Asia, South Asia and the Pacific \u2013 one of the world\u2019s … Continue reading “Turbocharging Climate Action: new program to drive Indo-Pacific\u2019s Net Zero Push”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-30109","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/30109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=30109"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/30109\/revisions"}],"predecessor-version":[{"id":30110,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/30109\/revisions\/30110"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=30109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=30109"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=30109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}