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Climate Change Fund

The Climate Change Fund (CCF) was established in May 2008 to facilitate greater investments in developing member countries (DMCs) to effectively address the causes and consequences of climate change, by strengthening support to low-carbon and climate-resilient development in DMCs.

Support provider

ADB is working with regional and private partners in support of this fund, which is financed by ADB's net income and ordinary capital resources (OCR)

Purpose of support

Scoping and project preparation

Project and program implementation

Eligible countries and regions

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

Eligibility criteria

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; and
Funding to off-set ADB’s corporate carbon footprint.

Financial instruments

Grants

Monitoring and reporting procedures

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

Information on how to...

Understand steps to accessUnderstand steps to accessProject 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. Additional information can be foundhere.

Project proposals are submitted by ADB user departments to the Climate Change Steering Committee through the CCF secretariat. Project proposals are reviewed by the working groups (i.e., Clean Energy Working Group and Adaptation and Land Use Working Group) who provide the recommendations on the applications for CCF allocation to the CCSC. The CCSC approves the fund allocations to projects. In general, applications are reviewed in six batches and are due on 31 January, 31 March, 31 May, 31 July, 30 September, and 30 November. Direct charge applications are reviewed on ongoing basis.

Please note, funding is only available to pre-selected countries. See the eligible countries field for more information.Successfully access funding.Climate Change Steering Committee; Working Groups; CCSC; Asian Development Bank; Eligible applicants

Climate objective

Adaptation, Mitigation, Cross-cutting

Sectors and themes

Forestry and Land-Use, Industry and Infrastructure, Renewable Energy, Transportation, Urban, Disaster risk reduction

Type of support provider

Multilateral

Type of recipient

Public entity at the national level

Fund size

The fund has received a total of USD 74 million ADB financing, with USD 65.2 million allocated to 99 projects—40 on CE development, 48 on adaptation, 10 on REDD+ and land use, and 1 on climate finance readiness. As of September 2019, USD 7.89 million is available for further commitments.

Co-financing required

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/climate-change-fund

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Climate Change Fund

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