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Carbon Capture and Storage Fund (CCSF)

The Carbon Capture and Storage Fund aims to accelerate the physical deployment of carbon capture and storage demonstration projects by promoting projects, engaging in capacity development, supporting geological investigations and environmental studies related to potential carbon dioxide storage sites, and undertaking community awareness and support programs.

Support provider 
Australia and the United Kingdom
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. Then, the Clean Energy Working Group will review and endorse project proposals based on implementation guidelines and guided by the design and monitoring framework, both agreed between CEFPF’s financing partners and ADB. 

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, Industry and Infrastructure, Renewable Energy
Type of support provider 
Multilateral
Type of recipient 
Public entity at the national level
Fund size 

The fund was established in 2009 with an initial contribution of AUD 21.5 million.

Co-financing required 
Yes
Application timeframe 

Applications are reviewed in six batches 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/carbon-capture-storage-fund