🌏 “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

As ADB's partner since 2011, the Nordic Development Fund (NDF) supported the scaling up of investments on climate change, gender, and poverty. Established in A...ugust 2021, the Community Resilience Financing Partnership Facility (#CRFPF) support countries in Asia and the Pacific region to scale up communitylevel investments in climate adaptation, explicitly seeking to build the resilience of poor and vulnerable communities against the negative impacts of climate change. For more: https://www.adb.org/…/community-resilience-financing-partne… Asian Development Bank ADB Climate Change and Disaster Risk Management

Nordic cooperation in action in the Philippines! 🇫🇮🇸🇪🇩🇰🇳🇴 Ambassador Juha Pyykkö hosted a dinner with the Ambassadors and representatives of the Nordic Embassie...s here in Manila, with visitors from the Nordic Development Fund. The Nordic Development Fund, or NDF, is a joint Nordic international finance institution focusing on the nexus between climate change and development in lower-income countries and countries in fragile situations. Embassy of Sweden in Manila Embassy of Denmark in the Philippines The Royal Norwegian Embassy in Manila