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.
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.
The fund was established in 2009 with an initial contribution of AUD 21.5 million.
Applications are reviewed in six batches and are due on: 31 January, 31 March, 31 May, 31 July, 30 September, and 30 November.