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Clean Energy Funds and Partnerships Clean Energy Financing Partnership Facility
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Clean Energy Financing Partnership FacilityPartnership for Better Results
Background | Purpose | Eligible Activities | Accessing CEFPF Resources | Portfolio Profile | Fund Status BackgroundThe Clean Energy Financing Partnership Facility (CEFPF) was established in 2007 to help improve energy security in developing member countries and decrease the rate of climate change. It will do this by financing the deployment of new, more efficient and less polluting supply and end-use technologies. ADB has set an initial target of $250 million by 2008. PurposeCEFPF resources are also intended to finance policy, regulatory, and institutional reforms that encourage clean energy development. Potential investments include: Potential investments include:
Eligible Activities
Accessing CEFPF ResourcesCEFPF resources are used to service DMCs and can be tapped through ADB's operations department.
Portfolio Profile ACEF = Asian Clean Energy Fund, CEF = Clean Energy Fund, CEFPF = Clean Energy Financing Partnership Facility, DC = direct charge, GCI = grant component of investment, TA = technical assistance.
Source: Asian Development Bank estimates. Fund Status ACEF = Asian Clean Energy Fund, CEF = Clean Energy Fund, CEFPF = Clean Energy Financing Partnership Facility.
1 Projects allocated with funding by the Climate Change Steering Committee 2 Inclusive of 2008 Interest/Investment Income and Net of Project Fees and Admin Costs 3 Last remittance in completion of the $5 million commitment; actual total remittances were realized at $4.8 million and discrepancy is attributed to foreign exchange used during the time of conversion 4 Interest/Investment Income as of calendar year June 2009 for CEF = $29,385.37; for ACEF = $62,498.25 Note: Totals may not tally due to rounding-off. Source: Asian Development Bank estimates. |
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