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Climate Change Financing Concessional
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Mobilizing Concessional ResourcesMitigation Funds Managed by ADB Mitigation Funds Managed by ADBClean Energy Financing Partnership Facility (CEFPF): $90 million - A key mechanism to coordinate existing and new resources that are granted to ADB to promote the deployment of new, more efficient and less polluting supply and end-use technologies. Read more. Adaptation Funds Managed by ADBSmall Grants for Promoting Climate Change Adaptation in Asia and the Pacific: $1.2 million - Grants available to ADB regional departments, national organizations, NGOs, private organizations, and academic institutions to conduct adaptation activities in developing member countries. Note: Funds have been fully disbursed. Cross Cutting Funds Managed by ADBClimate Change Fund (CCF): $40 million - The purpose of the fund is to facilitate greater investments in developing countries in Asia and the Pacific to address the causes and consequences of global warming. The fund will provide grant financing for technical assistance, investment projects, research and other activities. Other Climate Change-related FundsWater Financing Partnership Facility (WFPF): $65 million, including adaptation - Mobilizes cofinancing and investments from development partners on the delivery of water investments, reform, and capacity development. Projects can include flood control, a key component of climate change adaptation. Poverty and Environment Fund (PEF): $3.6 million, including adaptation - A multi-donor trust fund administered by ADB that focuses on poverty-environment linkages, including the reduction of vulnerability to natural hazards and disaster prevention. Funds Managed by ADB PartnersGlobal Environment Facility (GEF)* - ADB has direct access to GEF full project resources. GEF funds are helping developing countries undertake "win-win" projects to mitigate the effects of climate change, while also benefiting local economies and helping improve local environmental conditions. GEF funds also support interventions that increase resilience to the adverse impacts of climate change on vulnerable countries, sectors, and communities. Climate Investment Funds (CIF)* - These funds are administered by the World Bank and implemented together with ADB and other regional development banks. The Clean Technology Fund (CTF), one of the two trust funds, will provide new, large-scale financial resources to invest in projects and programs in developing countries which contribute to the demonstration, deployment, and transfer of low-carbon technologies. The other - Strategic Climate Fund (SCF) - will serve as an overarching fund for various programs to test innovative approaches to climate change. The first such program is aimed at increasing climate resilience in developing countries. *This link takes you outside the ADB website. Please use the back button to return to ADB.org. |
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