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 Energy Transition Mechanism Partnership Trust Fund (ETMPTF) is a multi-partner trust fund established in June 2022 under the Clean Energy Financing Partnership Facility. It mobilizes resources for the Energy Transition Mechanism (ETM), which aims to catalyze public and private capital to accelerate the transition from carbon-intensive coal-based power plants to clean energy in ADB’s developing member countries (DMCs).
Germany, Japan, New Zealand
Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.
Organizational and decision-making structure follows ADB’s standard policies, procedures, and guidelines.
Activities to be supported by ETMPTF resources, whether by technical assistance, grant, or concessional financing, must involve or relate to one or more of the following activities:
- reducing greenhouse gas emissions from coal-fired power plants through early retirement or repurposing of such plants for clean energy;
- increasing the share of clean energy, including through support for enhanced grid capacity;
- helping DMCs develop and enact policy and regulatory measures to accelerate the shift from coal to clean energy; and
- supporting the transition to clean energy in a just manner (just transition).
All ADB developing member countries
Contact ADB for more information.