AU$ 140 million
There is no schedule of submission for proposals, ADB accepts proposal where available. Duration of approval process varies according to transaction processing timeline by the project team.
David Barton (Mr)
Principal Investment Specialist, Fund Manager
Guarantees and Syndications Unit
Private Sector Operations Department
E-mail
The Australian Climate Finance Partnership (ACFP) is a concessional financing facility managed by the Asian Development Bank (ADB) and funded by the Australian Department of Foreign Affairs and Trade (DFAT) through a grant contribution of up to AU$140 million.
The ACFP is designed to catalyze financing for private sector climate adaptation and mitigation projects in eligible countries in the Pacific and Southeast Asia. ACFP projects will also promote recovery from the COVID-19 (Coronavirus) pandemic, as well as gender equality and better economic opportunities for women and girls.
Australian Department of Foreign Affairs and Trade
Funding Type
Monitoring and Reporting Procedures
Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.
Eligibility Criteria
Eligible project types include the following climate mitigation and adaptation related subsectors: renewable energy, sustainable transport, energy efficiency, land-use and agribusiness, water supply and sanitation/wastewater treatment, solid waste management, blue carbon, agriculture and forestry, land use management, resilient infrastructure, marine and coastal ecosystem protection, healthcare, and disaster risk management. Other project types will also be considered if they can demonstrate positive climate outcomes.
Eligible Countries
Pacific: Cook Islands, the Federated States of Micronesia, Fiji, Kiribati, the Marshall Islands, Nauru, Niue, Palau, Papua New Guinea, Samoa, Solomon Islands, Timor-Leste, Tonga, Tuvalu, and Vanuatu
Southeast Asia: Cambodia, Indonesia, Lao People’s Democratic Republic, Myanmar, Philippines, Viet Nam