The fund is a single-donor fund established in partnership with the Kingdom of Denmark through its Ministry of Foreign Affairs in 2000.
As of 31 December 2012, the remaining balance of the fund has been transferred to the Second Danish Cooperation Fund for Technical Assistance.
The fund focuses on environmental sustainability and private sector development in the following areas/sector:
Activities will consist of project preparation, technical training and advisory services, institutional support or other technical assistance services and other activities which may be agreed upon between the Ministry and ADB.
The recipients of the fund shall be Bangladesh, Bhutan, Nepal, and Viet Nam.
The Kingdom of Denmark through its Ministry of Foreign Affairs supports the fund.