$131.8 million
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.
Fund Focal: Kee-Yung Nam - kynam[at]adb.org
Fund Team: Patrick Victor Goquingco - pgoquingco.consultant[at]adb.org
Established in 2007 under the Clean Energy Financing Partnership Facility, the fund aims to improve energy security in developing member countries and decrease the rate of climate change through increased use of clean energy.
Australia, Norway, Spain, Sweden, the United Kingdom
Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.
ADB's Clean Energy Working Group reviews and edorses funding proposals to the Climate Change Steering Committee (CCSC), who authorizes the allocation of funds to applications.
All ADB DMCs are eligible to access the fund.
[General Criteria] Project proposals should:
a. be consistent with the country partnership strategy and results framework;
b. be consistent with the objectives of ADB’s Energy Efficiency Initiative;
c. introduce innovative solutions;
d. adopt a participatory approach;
e. be catalytic;
f. have high demonstration value in the sector; and
g. have good potential for replication and scalability in the country and/or region.
[Specific Criteria] Project proposals may qualify provided:
a. that in supporting new technologies, the risks should be manageable; CEFPF resources will not support technologies that are still in the research and
development stage but should be focused on deployment, which may include demonstration, of new technologies; and
b. that the cost and benefits of sustainable biofuels development and solar energy projects will be assessed, particularly on food security, the net energy balance of crops, and environmental impacts; where the benefits indicate it is appropriate, support may be provided.
All ADB developing member countries
Contact ADB for more information.