Clean Energy Financing Partnership Facility: Annual Report 2015
In 2015, ADB's Clean Energy Financing Partnership Facility was able to leverage $197 million in clean energy investments and continues to provide critical financial support to clean energy projects.
The Clean Energy Financing Partnership Facility (CEFPF) was established by the Asian Development Bank (ADB) in April 2007, to assist developing member countries improve energy security and transit to low-carbon use through cost-effective investments, particularly in technologies that result in greenhouse gas mitigation. CEFPF is composed of the Clean Energy Fund, the Asian Clean Energy Fund, the Carbon Capture and Storage Fund and the Canadian Climate Fund for the Private Sector in Asia. The facility contributes to achieving ADB’s scaled up annual target of $2 billion for mitigation project investments by scaling up support for renewable energy, energy efficiency, sustainable transport, and building smart cities.
This annual report informs on the Clean Energy Financing Partnership Facility’s operational results and overall implementation progress from 1 January to 31 December 2015. Since the facility was established, a total of $2.16 billion of clean energy investment was leveraged by the facility.
- Highlights and Key Achievements
- Results Framework
- Financial Status
- Management of the Facility
- Relationship with Financing Partners
- Lessons Learned, Experiences Gained, and Key Constraints
- External Factors Relevant to the Facility
- Overview of 2016 Annual Work Program