Future Carbon Fund
The Future Carbon Fund (FCF) is a trust fund established and managed by ADB on behalf of fund participants. The fund is a component of ADB's ongoing Carbon Market Program (CMP), which provides financial and technical support for Clean Development Mechanism (CDM) projects.
The fund seeks to:
- Support and encourage energy efficiency and renewable energy projects, and other projects with long-term greenhouse gas (GHG) abatement benefits beyond 2012 undertaken in developing member countries (DMCs)
- Assist Participants that have mandatory or voluntary GHG reduction targets and policies beyond 2012 by providing ongoing access to certified emission reductions (CERs) and verifiable emissions reductions (VERs)
- Enhance the affordability and attractiveness of low-carbon technologies over conventional options through the reduction of the initial capital barriers of GHG mitigation projects
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.
The closing of syndication took place on 31 May 2010 with capitalization of USD 115 million.