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Climate and Transformation Fund
(KTF)
Definition
A financial mechanism designed to support projects and initiatives that address climate change and promote the transition to a low-carbon economy. This fund provides financial resources for activities such as reducing greenhouse gas emissions, enhancing energy efficiency, and developing renewable energy technologies. It aims to drive systemic changes in sectors such as energy, transportation, and industry, facilitating the shift towards more sustainable practices and supporting climate resilience. The fund often targets both public and private sector projects to achieve significant environmental and economic impacts.
Additional Notes
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