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Clean Energy Fund

The objective of the Clean Energy Financing Partnership Facility (CEFPF) is to improve energy security in developing member countries and decrease the rate of climate change through increased use of clean energy. The fund supports technical assistance grant components of investment projects, and any other activities that may be agreed upon between financing partners and ADB.

Support provider

Australia, Norway, Spain, Sweden, and the United Kingdom

Purpose of support

Scoping and project preparation

Creating enabling environments and building institutional capacity

Eligible countries and regions

All ADB developing member countries are eligible to receive support from the fund.

Eligibility criteria

Special attention will be paid to weakly performing states.

Financial instruments

Grants

Decision-making information

ADB’s Regional and Sustainable Development Department (RSDD) will manage the CEFPF (under which this fund falls) in consultation with ADB’s interdepartmental energy sector community of practice and operations directors responsible for clean energy projects. RSDD will also be the focal point for CEFPF partners for technical matters. The Clean Energy Steering Committee (CESC), which was constituted in June 2005 to guide the EEI and comprises the director generals of the operational departments and ADB’s chief economist, and is chaired by the Director General, RSDD, will provide strategic direction for CEFPF. A clean energy working group (CEWG), made up of representatives from the operational departments, and chaired by the Director General, RSDD and Special Advisor to the President, Clean Energy and Environment or his/her delegate, will also be constituted to oversee CEFPF day-to-day operations, review and make recommendations on projects proposals for CEF or clean energy trust fund assistance, and make policy and procedural recommendations to the CESC regarding CEFPF operations. An RSDD designate will serve as the facility manager, with assistance from a team of consultants who have with technical and administrative expertise serving in a management unit.

Information on how to...

Please contact the ADB for more information.

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

Multilateral

Type of recipient

Public entity at the national level

Fund size

As of September 2019, USD 16.7 million is available for further commitments.

Co-financing required

Trustee or administrator

Asian Development Bank (ADB)

Contact information

https://www.adb.org/site/funds/funds/clean-energy-fund

adbcdm@adb.org

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Clean Energy Fund

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