Grants and Contributions:
Title:
Inclusive Climate Action Fund (ICAF)
Agreement Number:
7474743 P014260001
Agreement Value:
$100,000,000.00
Agreement Date:
Feb 24, 2026 - Mar 31, 2026
Description:
The Inclusive Climate Action Fund (ICAF) will operate as a Canadian investment vehicle that provides capital to small and medium-sized companies and financial institutions in developing countries in Latin America and the Caribbean to support climate mitigation and adaptation. Climate-related investments will span various sectors including but not limited to clean energy generation, green finance, agriculture and agroforestry, and other climate action sectors.
https://www.canada.ca/en/environment-climate-change/news/2025/11/canada-advances-global-climate-lea…
Organization:
Global Affairs Canada
Expected Results:
Increased implementation of gender-responsive low- carbon solutions that contribute to climate change mitigation in LAC.
Enhanced adoption of gender-responsive adaptation solutions in LAC.
Strengthened economic empowerment and resilience to external shocks for diverse women in LAC.
Location:
TORONTO, Ontario, CA
Reference Number:
064-2025-2026-Q4-0095
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
For-profit organization
Recipient's Legal Name:
Inclusive Climate Action Fund LP
Program:
International Development Assistance program
Program Purpose:
The main purpose on the International Development Assistance Program is to reduce poverty for those living in countries where Global Affairs Canada engages in international development.