Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA)
Last updated: 03/11/2026Program Overview
Program description and objectives:
The Canadian Climate and Nature Fund for the Private Sector in Asia (CANPA) is a CAD 360 million single-donor trust fund established by the Government of Canada and managed by the Asian Development Bank (ADB). Through Global Affairs Canada, Canada contributes up to CAD 350 million in concessional financing and up to CAD 10 million in technical assistance to set up the fund. CANPA aims to draw private sector investment into climate and nature-based solutions across Asia and the Pacific, and to lower risks to bring viable projects to market. It supports developing countries, including small island developing states, in reducing emissions and transitioning away from high-carbon pathways and in building resilience to climate change. It also finances nature-based solutions that protect, sustainably manage and restore natural or modified ecosystems, including sustainable agriculture and aquaculture. CANPA aims to accelerate gender equality and women’s economic empowerment. The fund encourages opportunistic investments in response to market gaps and demand, leveraging ADB’s private sector platform and capabilities. It builds on the Canadian Climate Fund for the Private Sector in Asia (CFPS, 2013) and CFPS II (2017).
Other issuing providers (optional):
Global Affairs Canada (GAC)
Instrument types offered:
Guarantees, Concessional and catalytic debt, Catalytic equity
Institutions this program is normally offered to:
Commercial banks, Corporates (including SMEs), Other, Multilateral Development Banks (capital made available to private sector via an MDB), Investment funds
Eligible regions:
AsiaOceania
Eligible sectors:
AgricultureEnergyInfrastructure (Non - Energy)Other
Eligible subsectors (optional):
Nature-based solutionsCoastal protectionDisaster risk managementGender equality
Program status:
Open
Formal application process:
No
Program webpage (optional):
Primary point of contact for this program:
Saurabh Kaurapsodbf@adb.org
Optional offering details
Examples of past successful projects:
Converse Bank, Armenia (sustainable finance for MSMEs and households); Golomt Bank, Mongolia (sustainable and inclusive finance); XacBank, Mongolia (climate and inclusive finance); Aavas Financiers, India (lower-income housing and MSME finance); Ayala Electric Mobility Ecosystem Project, Philippines
Optional eligibility information
Impact thematic focus:
Climate - MitigationClimate - AdaptationClimate - Nature & biodiversityGender lens investingClimate - Cross-cutting (adaptation and mitigation)
Disclaimer
All information on catalytic capital providers and programs was submitted to GCBC by third party capital providers. The Catalytic Capital repository is an open-access online tool that lists information provided by catalytic capital providers in central location for public use.
