Climate Change Fund

Asian Development Bank (ADB)

The CCF was established in May 2008 to facilitate greater investment in developing member countries (DMCs) to effectively address the causes and consequences of climate change. The CCF is a key mechanism for pooling resources within ADB to address climate change through technical assistance (TA) and grant components of investment projects.

Open to Applications : 
Yes
Application Time Frame : 

Applications are reviewed in six batches and are due on 31 January, 31 March, 31 May, 31 July, 30 September, and 30 November.

Climate Objective : 
Both Mitigation and Adaptation
Administrator Type : 
Intergovernmental Organization
Financial Instruments Offered : 
Grants
Direct Access : 
No
Fund Size : 

Total fund size: $50 million
As of 31 December 2012, the $50 million ADB financing for the CCF has been fully allocated to 60 projects

Financing Award : 
Less than 1 million USD, Between 1 and 10 million USD
Trustee : 
Asian Development Bank (ADB)
Implementing Entity : 

Not specified

Steps to Access & Application Procedure

Project proposals are submitted by ADB’s User departments to the Climate Change Steering Committee (CCSC) in ADB for CCF support. The CCSC reviews and makes recommendations on the applications for CCF allocation

Organizational and Decision Making Structure

Not specified

Monitoring and Reporting Procedures

Not specified

Co-financing Requirements (if applicable)

Not specified

Other Eligibility Criteria Beyond Geography and Income

All DMCs are eligible for CCF resources.

The following types of activities may qualify for CCF support:
•Preparation of relevant strategies or action plans for ADB, its regional departments, and DMCs;
•Investment in climate change mitigation or adaptation measures;
•Development of knowledge products and services related to climate change
•Facilitating knowledge management activities, including regional conferences and workshops
•Funding to off-set ADB’s corporate carbon footprint.

More specifically, CCF resources are meant to be used for technical assistance, investment components of projects and direct charges.

Contact Information

https://www.adb.org/site/funds/funds/climate-change-fund
Last Updated : 
22.09.16