Climate Change Fund

Type of Recipient
Public entity at the national level
Region
East Asia and Pacific
Europe and Central Asia
South Asia
Fund Size

$98 million

Co-financing Requirement
No
Application Timeframe

Contact ADB for more information.

Sectors and Themes
Disaster Risk Reduction
Energy
Forestry and Other Land Use
Industry and Infrastructure
Poverty
Transport
Climate Objective
Adaptation
Mitigation
Cross-cutting
Type of Support Provider
Multilateral
Trustee or Administrator
Asian Development Bank (ADB)
Contact Information

Asian Development Bank

6 ADB Avenue, Mandaluyong City 1550, Metro Manila, Philippines

The Climate Change Fund (CCF) was established in May 2008 to facilitate greater investments in developing member countries (DMCs) to effectively address the causes and consequences of climate change, by strengthening support to low-carbon and climate-resilient development in DMCs. CCF plays a key role in mainstreaming climate actions in ADB’s operations and is critical for achieving the climate targets under Strategy 2030’s third operational priority of tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability.

The fund provides financing through: grant component of investments, technical assistance (stand-alone and piggy-back or linked to loan), and direct charge. It has three components: (i) adaptation, (ii) clean energy development, and (iii) reduced emissions from deforestation and forest degradation, and improved land use management (REDD+ and land use).

Support Provider

Asian Development Bank

Purpose of Support
Prepare Proposals, Projects and Pipelines
Project and program implementation
Funding Type
Grants
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

ADB's Climate Change Steering Committee reviews all fund proposals.

Eligibility Criteria

The following types of activities may qualify for the fund's support:

  • Preparation of relevant strategies or action plans for DMCs
  • Investment in climate change mitigation or adaptation measures
  • Development of knowledge products and services related to climate change
  • Facilitating knowledge management activities, including regional conferences and workshops
  • Funding to off-set ADB’s corporate carbon footprint
Eligible Countries

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

Information on how to
Understand steps to access

Contact ADB for more information.