Climate Change Technical Assistance Facility (CCTAF)

Climate Objective
Mitigation
Sectors and Themes
Agriculture
Energy
Waste Management
Type of Support Provider
Multilateral
Type of Recipient
Public entity at the national level
Public entity at the sub-national level
Public entity at the regional level
Fund Size

EUR 10 million

Co-financing
No
Trustee or Administrator
European Investment Bank (EIB)
Contact Information
Countries
Afghanistan
Albania
Algeria
Andorra
Angola
Antigua and Barbuda
Argentina
Armenia
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belize
Benin
Bhutan
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
Brunei
Burkina Faso
Burundi
Cabo Verde
Cambodia
Cameroon
Central African Republic
Chad
Chile
China
Colombia
Comoros
Cook Islands
Costa Rica
Côte d'Ivoire
Cuba
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Eswatini
Ethiopia
Fiji
Gabon
Gambia
Georgia
Ghana
Grenada
Guatemala
Guinea
Guinea-Bissau
Guyana
Haiti
Honduras
India
Indonesia
Iran
Iraq
Israel
Jamaica
Jordan
Kazakhstan
Kenya
Kiribati
Kuwait
Kyrgyz Republic
Laos
Lebanon
Lesotho
Liberia
Libya
Madagascar
Malawi
Malaysia
Maldives
Mali
Mauritania
Mauritius
Mexico
Micronesia
Moldova
Mongolia
Montenegro
Morocco
Mozambique
Myanmar
Namibia
Nauru
Nepal
Nicaragua
Niger
Nigeria
Niue
North Korea
North Macedonia
Oman
Pakistan
Palau
Palestine
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Qatar
Rwanda
Saint Kitts and Nevis
Saint Lucia
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Solomon Islands
Somalia
South Africa
South Korea
South Sudan
Sri Lanka
Sudan
Suriname
Syria
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkmenistan
Tuvalu
Uganda
United Arab Emirates
Uruguay
Uzbekistan
Vanuatu
Venezuela
Yemen
Zambia
Zimbabwe
Region
East Asia and Pacific
Europe and Central Asia
Middle East and North Africa
South Asia
Sub-Saharan Africa

The Climate Change Technical Assistance Facility (CCTAF) provides advance conditional funding for activities associated with the development of project ­based carbon assets (credits) under the Clean Development Mechanism (CDM) and Joint Implementation (JI) instruments of the Kyoto Protocol.

CDM and JI are project ­based mechanisms, established by the Kyoto Protocol to facilitate countries with an obligation (Annex I) to reduce or limit their greenhouse gas emissions to meet their targets in a cost effective way. Under these mechanisms, an Annex I country (investor party) invests in an emission reduction project in another country (host party) (a non-­Annex I country for CDM, or another Annex I country for JI), and in turn may receive carbon credits, which then are counted towards the investor party’s emission reductions. Companies with obligations to reduce emissions under the EU Emissions Trading Scheme (ETS) can also use such crediting mechanisms.

Support Provider

European Investment Bank (EIB) and External Sources

Purpose of Support
Prepare Proposals, Projects and Pipelines
Financial Instruments Offered
Contingent grants
Eligibility Criteria

Any entity seeking funding for a project that reduces GHG emissions and is eligible for Clean Development Mechanism (CDM)/Joint Implementation (JI) (i.e. project has to provide emission reductions or removals that are “additional” to any that would otherwise occur. In other words, projects that reduce GHG emissions from the projected baseline level). For up to date information on CDM or JI rules and procedures, please visit the UNFCCC CDM and JI websites.

Eligible countries

All developing countries.

Eligible Countries and Geographic Regions
East Asia and Pacific
Cook Islands
Niue
Cambodia
China
Fiji
Indonesia
Kiribati
North Korea
South Korea
Laos
Malaysia
Marshall Islands
Micronesia
Mongolia
Myanmar
Nauru
Palau
Papua New Guinea
Philippines
Samoa
Singapore
Thailand
Timor-Leste
Tonga
Tuvalu
Vanuatu
Vietnam
Europe and Central Asia
Albania
Andorra
Armenia
Azerbaijan
Bosnia and Herzegovina
Georgia
Kazakhstan
Kyrgyz Republic
Macedonia
Moldova
Montenegro
San Marino
Serbia
Tajikistan
Turkmenistan
Uzbekistan
Latin America and Caribbean
Antigua and Barbuda
Argentina
Bahamas
Barbados
Belize
Bolivia
Brazil
Chile
Colombia
Costa Rica
Cuba
Dominica
Dominican Republic
Ecuador
El Salvador
Grenada
Guatemala
Guyana
Haiti
Honduras
Jamaica
Mexico
Nicaragua
Panama
Paraguay
Peru
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Suriname
Trinidad and Tobago
Uruguay
Venezuela
Middle East and North Africa
Iran
Algeria
Bahrain
Djibouti
Egypt
Iraq
Israel
Jordan
Kuwait
Lebanon
Libya
Morocco
Oman
Qatar
Saudi Arabia
Syria
Tunisia
United Arab Emirates
Yemen
South Asia
Brunei
Palestine
Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka
Sub-Saharan Africa
Uganda
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Cabo Verde
Central African Republic
Chad
Comoros
Republic of Congo
Côte d'Ivoire
Equatorial Guinea
Eritrea
Ethiopia
Gabon
Gambia
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho
Liberia
Madagascar
Malawi
Mali
Mauritania
Mauritius
Mozambique
Namibia
Niger
Nigeria
Rwanda
Sao Tome and Principe
Senegal
Seychelles
Sierra Leone
Somalia
South Africa
South Sudan
Sudan
Eswatini
Tanzania
Togo
Solomon Islands
Zambia
Zimbabwe
Information on how to

CCTAF assists projects that are in the process to be registered as a CDM/JI projects. The activities that CCTAF can provide funding, include:
- Carbon credit feasibility study
- Preparation of carbon credit documentation (PDD), including preparation of new baseline and/or monitoring methodology if needed
- Validation of the PDD, and
- Registration of the project

Steps for application:
1. Candidate project should be identified early in the EIB project cycle. The project promoter should provide sufficient information to allow the EIB to assess whether the project adheres to EIB lending objectives and has a well-developed business plan.
2. The project promoter has to send a letter to the EIB agreeing in principle with the conditions for funding under the CCTAF
3. The EIB and project promoter sign the contract
4. The full cycle of CCTAF: Phase 1: Carbon feasibility study, Phase 2: carbon credit documentation preparation and assisting with CDM/JI procedural issues, Phase 3: CDM/JI project validation.

If the project results in the successful registration with a relevant CFM/JI authority, the project promoter is required to repay the loan to the EIB, as follows:
- Under normal circumstances where the EIB is the lender to the underlying investment project, the CCTAF fee will be repaid to the EIB in full out of the proceeds of the first disbursement made under the EIB finance contract for the project.
- If the EIB is not a lender to the project, the project promoter will be required to reimburse the loan and pay the fee in full at the time of financial close of the project.

If the project does not receive registration with the relevant CFM/JI authority, the project promoter will be released from the obligation to repay the loan.

Document with guidelines on CCTAF Operations is available here.