ASEAN Catalytic Green Finance Facility (ACGF)

Climate Objective
Adaptation
Mitigation
Sectors and Themes
Cities
Energy
Transport
Water
Type of Support Provider
Multilateral
Type of Recipient
Public entity at the national level
Private sector
Fund Size

$1900 million

Co-financing Requirement
Yes
Application Timeframe

Contact ADB for more information.

Trustee or Administrator
Asian Development Bank
Contact Information

Fund Manager: Scott Roberts - sroberts[at]adb.org

Region
East Asia and Pacific
South Asia

The ACGF is an ASEAN Infrastructure Fund initiative supporting governments in Southeast Asia to prepare and finance infrastructure projects that promote environmental sustainability and contribute to climate change goals. The ACGF is owned by ASEAN governments and ADB and managed by ADB.

Support Provider

Asian Development Bank, ASEAN member countries, Green Climate Fund

Purpose of Support
Project and program implementation
Funding Type
Loans (concessional and market-rate)
In-kind contributions
Monitoring and Reporting Procedures

Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.

Organizational and Decision Making Structure

The AIF Board reviews and approves ACGF funding proposals.

Eligibility Criteria

To be financed under the ACGF, projects must be sovereign or sovereign-guaranteed and fulfil eligibility criteria that includes:

- Clear environmental goals and targets
- A financial sustainability plan
- A roadmap for attracting private capital investment

Eligible Countries

ASEAN Countries

Information on how to
Understand steps to access

Contact ADB for more information. Please note, funding is only available to pre-selected countries. See the eligible countries field for more information.