Funding Organization: ADB Clean Energy Financing Partnership Facility (CEFPF)

PROFILE

Total Amount Overall target: $250 million
Financing Mechanisms Co-financing , Grant , Technical assistance
Qualifying Projects Mitigation, Energy , Energy Efficiency , Fuel Switching , Renewable Energy
Eligibility CEFPF resources are used to service developing member countries(DMCs) and can be tapped through ADB’s operations department.

Funding Objectives

This fund provides support for cost effective investments in technologies and practices that result in greenhouse gas mitigation. CEFPF resources are also intended to finance policy, regulatory, and institutional reforms that encourage clean energy development.

Financing Mechanisms

About 30% of CEFPF’s resources will be used for standalo+ne technical assistance projects and direct charges; and about 70% will be used for grant components of investments and may also be used to procure equipment and works based on advanced technologies, back financing mechanisms or risk sharing facilities to promote CE, and services to lower barriers.

Application Procedures

CEFPF resources are used to service DMCs and can be tapped through ADB’s operations department.

CEFPF/CCF reviews applications in six (6) batches throughout the year. Applications should be submitted (including application form and concept paper) to the Secretariat on or before the following deadlines:

  • January 31
  • March 31
  • May 31
  • July 31
  • September 30
  • November 30

Your application will be processed together with other applications submitted by the nearest deadline listed above. Successful applications will receive confirmation from the Secretariat within approximately 5 weeks of the relevant deadline.

Project Types

The Clean Energy Financing Partnership Facility will support the following project sectors:

  • biomass, biofuel, biogas
  • rural electrification and energy access
  • distributed energy production
  • waste-to-energy projects
  • demand-side management projects
  • energy-efficient district heating, transport, street lighting, buildings and end-use facilities
  • carbon capture and storage
  • integrated gasification combined cycle or IGCC, supercritical and ultra-supercritical steam technologies
  • clean energy power generation, transmission, and distribution
  • manufacturing facilities of clean energy system components, high efficiency appliances and industrial equipment
  • energy service companies development
Decision-making structure

The Clean Energy Working Group will review and endorse project proposals. The Climate Change Steering Committee allocates resources to selected project proposals. Following fund allocation from CEFPF, the approval of the proposed CE project follows the normal ADB procedure.