🌏 “Southeast Asia is vulnerable to #ClimateChange, so it is crucial to get climate change mitigation and adaptation integrated early into the design and preparation stage to strengthen the climate responsiveness of project designs,” says Helena Lehtonen, Program Officer at NDF. ➡ Starting a major development project takes time. With climate change demanding urgent #Action, any delay can be felt by the people and communities affected. This is why NDF allocated flexible financi...ng to the Asian Development Bank and helped inaugurate the Project Readiness Improvement Trust Fund (PRIF) – a fund that aims to speed up the preparatory phase of projects in the region. 🗨 “After a project is approved you still have so much work to do before you can get the shovels out. Detailed design, procurement, technical consultation – all this takes time. We wanted to shorten this development cycle as well as get climate considerations integrated at the earliest stage, so we partnered with NDF to make it happen," says Alely Alejar from ADB. Read the full article about the project and its results 🔗 https://lnkd.in/dJ7gqJYi #ClimateAction #ClimateFinance #SustainableDevelopment #SDGs #Nordics #Asia