ADB Establishes $400M Asia Climate Fund With Two Partners

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The Asian Development Bank (ADB) says it has partnered with Tokyo-based Japanese financial servies group ORIX Corporation and global asset management firm Robeco Institutional Asset Management B.V. to establish the Asia Climate Partners, a joint venture that will make private equity investments across a variety of environmentally supportive, low-carbon deals throughout Asia, according to an announcement made by ADB.

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