Funding proposals are processed in batches every year. Duration of approval process varies according to transaction processing timelines by the trust fund team and by the project team. Contact ADB for more information.
The Clean Energy Fund is a multi-partner trust fund established in April 2007 under the Clean Energy Financing Partnership Facility. The objective of the facility is to improve energy security in developing member countries and decrease the rate of climate change through increased use of clean energy.
Resources from the fund and clean energy trust funds will be used to finance operational expenses related to eligible projects in the form of foreign exchange and/or local expenditures for goods, works, and services from ADB member countries following ADB's applicable guidelines and procedures. Resources will also be used to engage the necessary consultants (technical and administrative expertise) to support the facility.
Australia, Norway, Spain, Sweden, the United Kingdom
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.
Organizational and Decision Making Structure
Organizational and decision-making structure follows ADB’s standard policies, procedures, and guidelines.
Eligibility Criteria
The fund supports technical assistance grant components of investment projects, and any other activities that may be agreed upon between financing partners and ADB.
Eligible Countries
All ADB developing member countries
Contact ADB for more information.