You are here

Asian Clean Energy Fund

The fund supports efforts of developing member countries towards reducing greenhouse gases through utilization of renewable energy and energy efficiency technologies. The Asian Clean Energy Fund (ACEF) was established by Japan as part of its initiative of Enhanced Sustainable Development for Asia. It is part of the Clean Energy Financing Partnership Facility.

Support provider 
Japan
Purpose of support 
Project and program implementation
Steps to access  

User departments will submit project proposals to the Facility Manager using CEFPF’s application form and ADB’s standard concept paper template. Applications are reviewed in six batches and are due on: 31 January, 31 March, 31 May, 31 July, 30 September, and 30 November. The Clean Energy Working Group will review and endorse project proposals based on implementation guidelines, guided by the design and monitoring framework, both agreed between CEFPF’s financing partners and ADB. The Climate Change Steering Committee finally authorizes allocations of resources to selected project proposals. Following fund allocation from CEFPF, the approval of the proposed project follows the standard ADB procedure.

Please note, funding is only available to pre-selected countries. See the eligible countries field for more information.

Climate objective 
Mitigation
Sectors and themes 
Energy efficiency, Renewable Energy
Type of support provider 
Bilateral
Type of recipient 
Public entity at the national level
Fund size 

As of 31 December 2015, there is USD 121.6 million available through the Clean Energy Financing Partnership Facility (CEFPF).

Co-financing required 
No
Application timeframe 

Applications are reviewed six times a year and are due on: 31 January, 31 March, 31 May, 31 July, 30 September, and 30 November.

Trustee or administrator 
Asian Development Bank (ADB)
Contact information 
https://www.adb.org/site/funds/funds/acef