Asia Pacific Climate Finance Fund (ACliFF)

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Type of Recipient
Public entity at the national level
Private sector
Region
East Asia and Pacific
Europe and Central Asia
South Asia
Countries
Afghanistan
Armenia
Azerbaijan
Bangladesh
Bhutan
Cambodia
China
Cook Islands
Fiji
India
Indonesia
Kyrgyz Republic
Laos
Malaysia
Maldives
Micronesia
Mongolia
Myanmar
Nauru
Nepal
Niue
Pakistan
Palau
Papua New Guinea
Philippines
Samoa
Singapore
Solomon Islands
Sri Lanka
Tajikistan
Thailand
Timor-Leste
Tonga
Turkmenistan
Tuvalu
Uzbekistan
Vanuatu
Co-financing Requirement
Yes
Application Timeframe

Applications may be reviewed in batches. Contact ADB for more information.

Sectors and Themes
Agriculture
Cities
Disaster Risk Reduction
Energy
Industry and Infrastructure
Nature-based Solutions and Ecosystem Services
Oceans and Coasts
Rural Development
Transport
Waste
Water
Climate Objective
Mitigation
Type of Support Provider
Multilateral
Trustee or Administrator
Asian Development Bank (ADB)
Contact Information

ACliFF Fund Manager: Andreas Lunding - alunding[at]adb.org

 

Official Website
https://www.adb.org/site/funds/funds/asia-pacif…

The Asia Pacific Climate Finance Fund (ACliFF) is an ADB-managed, multi-donor trust fund established with the Government of Germany as its first financing partner. It funds the development and implementation of innovative, scalable, and commercially viable financial risk management products aimed at achieving at least one of the following objectives: 

  • scaling up the adoption of climate technologies,
  • mobilizing new sources of private sector climate financing,
  • supporting investment in climate-sensitive sectors, and
  • addressing extreme weather events
Support Provider

Germany

Purpose of Support
Strengthening enabling environments and stakeholder capacity
Project and program implementation
Funding Type
Grants
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

Applications for funding will be forwarded to all partners for their No Objection.

ADB's Climate Change Steering Committee (CCSC) reviews and approves all fund applications.

Eligibility Criteria

ACliFF supports the development and implementation of innovative, scalable, and commercially viable financial risk management products that increase investments in climate change mitigation, adaptation, and disaster risk management in ADB’s DMCs.

ACliFF supports financial risk management products that work on achieving at least one of the following objectives:

  • Supporting climate technologies: Accelerating the uptake and financing of climate technologies through products that transfer initial technology and performance-related risks.
  • Scaling up private sector climate financing: Managing the risks associated with the initial deployment of new and innovative financing models.
  • Promoting climate-sensitive sector investment: Responding to the need to accelerate investment in climate change adaptation, and in the strengthening of resilience in response to slow-onset climate-related risks.
  • Addressing extreme weather events: Improving resilience to the impacts of climate-related disasters, particularly for vulnerable and low-income populations, such as through disaster insurance for city governments to improve financial preparedness for disaster response, and support to V20 Sustainable Insurance Facility’s design of disaster insurance solutions for MSMEs.

More details can be found here

Eligible Countries

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

Information on how to

Contact ADB for more information.